Premier Policy Highlights

Property Coverage

  • Blanket building & personal property with agreed value
  • Replacement Cost provided
  • Direct physical loss to buildings, all other structures and personal property at the club is covered
  • Newly acquired buildings to $2M
  • Newly acquired business personal property to $1M
  • $2M "tee to green" coverage with no per hole limit and on a "special" perils basis
  • Business income protection, including extra expense, is provided with no waiting period or coinsurance percentage and an unlimited period of indemnity
  • Business income protection provided for golf holes
  • Actual loss sustained coverage available
  • Club Professional replacement expense
  • Flood and Earthquake available (state exceptions may apply)
  • Errant golf ball property damage
  • Damage to golf bags, clubs and golf equipment of others coverage
  • Debris coverage to $250,000
  • Trees, shrubs, plants and lawns coverage
  • Hole-in-one reimbursement expense
  • Ordinance & Law
  • Back-up of sewers and drains
  • Electronic data processing
  • Power interruption
  • Valuable papers

 

Liability Coverage

  • $1M per occurrence / $3M aggregate primary liability limit
  • Non-auditable policies
  • Additional insureds wording extended to include members, employees, volunteers, golf and tennis pros
  • Accident medical limits for injuries to members and athletic participants
  • Liquor Liability
  • Pollution liability limits including off premises cleanup and above ground storage tanks
  • Professional liability coverage for club golf and tennis professionals
  • Garagekeepers' Coverage (Valet Parking)
  • Umbrella limits can be extended to include liquor, employee benefits, directors and officers coverage

 

Directors & Officers Liability and Employment Practices Liability

  • Primary limits up to $15M with excess limit available
  • Duty-to-defend
  • Hammer clause with a 50% / 50% provision
  • Two year deal options with two separate annual aggregate limits of liability - even if there is a claim in the first year
  • Defense cost coverage for both individual insureds and the organization with respects to breach of contract
  • Defense outside of the limit
  • Side A non-indemnifiable pollution coverage (important for club exposures such as water run-off)
  • Broad definitions of "Employment Practices Vilation" and "Wrongful Act"
  • Full prior acts coverage
  • Coverage for illegal alien penalties
  • Crisis Fund® for reputation defense
  • No exclusion, sub-limit or separate retention for membership discrimination allegations