Program for jewelers - Karat
New program designed for jewelers - retailers
Property coverage:
- Comprehensive coverage
- Broad form on building and contents excluding burglary and theft of merchandise
Plus
Burglary and theft of merchandise offered:
- Two options available:
- During working hours: $25,000/$50,000
- During non-working hours: $10,000/$25,000
- The two options include theft in the store windows: $5,000 subject to restriction
Liability coverage:
- General liability
- Limit $1M to $5M
- Advertising injury
- Tenants legal liability $250,000
- Benefits administrator $250,000
Other coverage:
- Jewelers extension rider including:
- 22 additional extensions
- Operating loss based on actual loss incurred
- Crime coverage
- Office Machinery Breakdown plus
Inadmissible risks or to be referred:
- Wholesale jewelers
- Jewelry manufacturers