Association Umbrella Coverage Highlights
The financial security of Zurich North America; Zurich has ratings of A+ 15, and AAA from A.M.
Best and Standard and Poors, respectively.
The financial security of Chubb Insurance Group has ratings of A++ 15, and AAA from A.M. Best
and Standard and Poors, respectively.
Coverage A of the form is an absolute following form umbrella. This means the umbrella policy will follow the underlying package exactly. It will rely on the definitions used in the underlying; if coverage exists there it will be covered under this policy as well; unless specifically excluded.
Developer Sponsored Boards are Eligible!
High Rise Associations to thirty-five (35) stories are eligible.
Excess of Directors & Officers, General Liability, Automobile, Employee Benefits, Employers
Protects directors, officers, trustees, employees, volunteers and committee members, as well as the community association with a broad definition of claim.
Liability, Including Employment Practices Liability* (*if covered under the D&O).
For Time Share's, excess Liquor Liability, if applicable
Following Form Named Insured
Following Form General Liability
Following Form Directors & Officers Liability
Following Form Liquor Liability
Following Form Employers Liability
Absolute Pollution Exclusion
Following Form Employee Benefits Liability
Following Form Personal Injury
Following Form Aggregate Per Location
NJ State Amendatory
$10,000 Coverage B Self Insured Retention
Certified Act of Terrorism Retained Amount Provisions -Coverage B
Disclosure of Terrorism
Following Form Liquor Liability
