ACE Adds Accident Coverage To Pollution And Casualty Form
Business Wire, Inc. |
ACE PaCSM is a specialized product solution available for small and mid-sized companies in the manufacturing industry, including those involved in the chemical manufacturing, distributing, mixing and blending process.
“We’re pleased to offer accident insurance and risk management solutions to address serious work-related injuries that can have a devastating impact on employees and their families,” said
ACE’s coordinated insurance solutions for the manufacturing industry -- through its ACE PaCSM product, combining primary general liability and pollution liability, offers the following:
- Premises pollution, including coverage for third party bodily injury and property damage, as well as first and third party remediation costs
- Products pollution & contractors pollution liability
- Transportation & disposal sites pollution
- Primary commercial automobile
- Follow form lead umbrella with catastrophe management coverage extension (up to
$25,000,000 in capacity available) - Worldwide products coverage, with coordinated capabilities for international casualty coverages
- First dollar guaranteed cost basis deductible, or SIR program structures available
AD&D Coverage Highlights:
- AD&D limits include:
$50,000 principal sum amount (per covered person) and accident insurance aggregate limit up to$250,000 - Coverage includes: all employees of the Named insured working at least 20 hours per week, who are permanently employed in the U.S.
- Covered losses include accidental death, dismemberment, paralysis and coma benefits
In addition, ACE offers the following key advantages through this new product:
- Account coordination with one underwriter maintaining authority for all lines of coverage on individual submissions
- Backed by ACE financial stability (rated AA- by Standard & Poor’s, and A+ by
A.M. Best ) - Underwriting specialists in casualty and environmental, with expanded product capabilities in AD&D, and product withdrawal expense
- Dedicated and experienced casualty and environmental claims and risk control specialists
Insurance is provided by insurers with the
ACE Custom Casualty, a unit of
ACE Accident & Health, a unit of
[email protected]
Source:
Copyright: | Copyright Business Wire 2012 |
Wordcount: | 782 |
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