Institutional Insurance Varies Depending on Several Variables. Please See The Chart Blow For Further Details.
Listed below are the typical non-liability coverages and package limits available.
Non-Liability Only Coverages
|Building (Building and/or BPP must be covered)||Limit as Requested||Limit as Requested|
|Business Personal Property (BPP and/or Building must be covered)||$2,500||Limit as Requested|
|Accounts Receivable – On Premises/Off Premises||$25,000/$2,500||$5,000,000|
|Back up of Sewer or Drains||$25,000||$5,000,000|
|Business Income & Extra Expense (BI&EE)||Actual Loss Sustained (ALS)||Actual Loss Sustained (ALS)|
|BI-Dependent Properties*||30 days||N/A|
|Business Income & Extra Expense (BI&EE)- Civil Authority*||3 Weeks||N/A|
|Business Income & Extra Expense (BI&EE) – Newly Acquired Property*||$250,000||N/A|
|Business Income & Extra Expense (BI&EE) – Time Period*||12 Months||N/A|
|Building Ordinance or Law – A||Included with Building||Limit as Requested|
|Building Ordinance or Law – B & C Combined*||$50,000||Limit is Requested|
|Building Ordinance or Law – Business Income & Extra Expense*||Actual Loss Sustained (ALS)||Actual Loss Sustained (ALS)|
|Crime Conviction Reward||$10,000||N/A|
|Debris Removal||25% of Loss + $10,000||N/A|
|Electronic Data Processing & Media (EDP) – Blanket||$10,000/$2,500||$5,000,000|
|Extended Business Income*||60 days (Not Covered)||N/A|
|Exterior Building Glass||Included with Building||N/A|
|Fine Arts – Blanket||$10,000/$2,500||$1,000,000|
|Fire Department Service Charge||$10,000||N/A|
|Fire Extinguisher Systems Recharge||$1,000||N/A|
|Forgery or Alteration||$10,000||$5,000,000|
|Installation Property Blanket||$2,500||$25,000|
|Lock Replacement Coverage||$1,000||$5,000,000|
|Money and Securities-Inside & Outside the Premise||$10,000/$2,500||$50,000/$25,000|
|Money Orders and Counterfeit Paper Currency||$1,000||N/A|
|Newly Acquired or Constructed Buildings||$500,000||N/A|
|Off-Premises Power or Water Failure – Direct||$10,000||$5,000,000|
|Off-Premises Power or Water Failure – Time Element*||Actual Loss Sustained (ALS)||Actual Loss Sustained (ALS)|
|Outdoor Property – Antennas and Satellite Dishes||$1,000||$5,000,000|
|Outdoor Property – Trees, Plants, Shrubs and Lawns||$10,000/$1,000||N/A|
|Outdoor Property – Fences and Walls||$2,500||$5,000,000|
|Patterns, Dies, and Molds||$5,000||$5,000,000|
|Peak Season BPP Increase (Seasonal Increase) Amount||50%||N/A|
|Personal Effects – Clergy (Religious Classification Only)||$5,000||N/A|
|Personal Property – Newly Acquired /Constructed Premises||$250,000||N/A|
|Personal Property Off Premises||$25,000||$5,000,000|
|Pollutant Clean Up and Removal||$10,000||N/A|
|Preservation of Property||30 days||N/A|
|Tools and Equipments – Blanket||$5,000/$1,000||$5,000,000|
|Transportation – Excl Spoilage||$2,500||$5,000,000|
|Unauthorized Business Card Use||$5,000/$1,000||N/A|
|Valuable Papers – On Premises/Off Premises||$25,000/$2,500||$5,000,000|
|*If Business Income & Extra Expense Coverage is covered|
IMD leads the way in providing products to specialized markets which include employees of federal, state, and municipal governments, small businesses as well as an array of support to other marketing organizations, agencies and producers.
One of our Specialists will give you a call to identify your families specific needs.
Once we know all of your options, we can start building a plan that’s right for you!
With tailored insurance plans, we can guarantee to find you what you and your family need!
If you want to be part of something great, you have honor, integrity, and intention to live a life. Being part of IMD Insurance & Financial Services LLC means you believe in Family, have Faith, and strive to be the best version of yourself every day. Our mission is to Inspire what is most important to our clients, staff, and team members that we are so privileged to work with. To motivate each other when we are struggling or down and consistently drive each other to be the best, they can be so that the people in their lives can be in a better place. Being part of something great is not giving up!