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Customarq Classic for Financial Institutions

Flexible, tailored coverage from an experienced insurer that will be there when you need it.

In today’s interdependent world economy, financial institutions must manage increasingly complex competitive pressures and business opportunities. To prosper in this fast-moving environment, they need insurance protection that reflects a thorough knowledge of global issues as well as their unique exposures.

Our hallmark package policy, Customarq Classic, is tailored for financial institutions. The policy features:

  • A modular format and range of flexible options, making it easy to mix and match property, business income/extra expense, and general liability coverages to meet your institution’s needs.
  • A $500,000 automatic blanket limit of insurance for selected property coverages, allowing you to use insurance dollars where they are needed most following a loss. The blanket limit can be increased under certain circumstances, and smaller institutions that don’t need the higher limits can opt for a $250,000 blanket limit.
  • 12 property coverages included in the blanket limit.
  • Insurance for U.S. and outside-U.S. exposures, including protection against any differences in conditions and/or limits contained in policies issued in a foreign country.
  • A global extension option, so you can be confident your overseas operations are protected, wherever the location.

Consider the advantages of Customarq Classic and the many options it offers. Then talk to our specialized Financial Institutions team about designing an insurance program that will help you meet the challenges—and opportunities—of a changing world.

 

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