US Property Industry Enhancements: Hospitality
Simplified property form
- Base contract of less than 20 pages
- Common language use as much as possible
- USD 1,000 minimum all other perils deductible
Suite of enhancements
Industry enhancement
The industry enhancement for hospitality is automatically added to every eligible risk in the industry. This automatic industry enhancement includes:
- Personal property of guests
- Guest evacuation expenses
- Guest relocation expense
For select risks, we can also provide:
- Franchise upgrade coverage
Optional enhancement
- Auto quoted for fixed limits: USD 150K, USD 250K, USD 500K and USD 1M
- Applies on a per-location basis
- Sits excess of any individual coverage purchased separately
- Includes all of the following coverages:
- Accounts receivable
- Debris removal
- Electronic data processing media
- Fine arts
- Fire and police service charges
- Personal property of others
- Valuable papers and records
Tech-enabled underwriting
- Only ask need to know questions
Marketing material
Notable coverages included in our Swiss Re Corporate Solutions Property coverage part
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Physical damage
Demolition and increased cost of construction
Miscellaneous unnamed locations
Newly acquired property – 180 days from date of acquisition
Valuable papers and records
Walt Sykes
Katarina Scamborova
