Catastrophe Management Insurance for Custom Casualty Solutions
ACE Catastrophe Management insurance for Custom Casualty Solutions provides advance funding directly to third-parties for managing threats to an organization's reputation and other expenses directly related to catastrophic events likely to involve the insured’s General Liability, Products Completed Operations of Custom Casualty policies or the Foreign Supplier LiabilitySM policy.
Benefits:
- 24/7 toll free access to notify ACE of the event and trigger coverage
- Coverage can be complemented with catastrophe claim administration and crisis response management services available for purchase from ESIS, Inc.
Coverage:
- Catastrophic events include:
- Man-made disasters, such as explosions, major crashes or contamination stemming from food, drink or other consumer products, which result in damages that would be covered by ACE USA Umbrella Liability Policy
- Covered costs include:
- Expenses to secure scene
- Expenses to provide public relations firm for crisis management
- Funeral expenses
- Medical expenses
- Psychological counseling
- Temporary living expenses
- Travel expenses