E-Risk's BAM product is flexible package offering Employment Practices liability, Directors and Officer liability (with full entity coverage), Technology, Media and Professional Services or Miscellaneous Professional Liability, Fiduciary liability and Crime coverage. Any of these coverages can be chosen and separate limits of liability for each coverage are automatically provided.
Broad occurrence coverage for Employee theft, Premises, Transit and Depositors Forgery
Coverage option for Employee Benefit Plans
Broad definition of Theft
Complete Premises coverage including Computer Theft, Safe Burglary and Robbery
Low minimum deductible
In addition to the above coverage highlights, our BAM General Terms and Conditions have the following coverage benefits:
Duty to defend form
World wide coverage
Coverage non cancelable by Underwriters except for non-payment of premium.
Broad definition of Insureds, including coverage for Directors and Officers, employees as well as the corporate entity and any such organization as a debtor -in-possession or a bankruptcy estate of such entity.
Severability as respects all exclusions and the application.
Spousal/domestic partner extension
Broad definition of subsidiary to include automatic coverage for newly created or acquired subsidiaries with no threshold or reporting requirements. Automatic coverage for joint ventures.
Multiple year run off and discovery period options offered at time of quote.
