Our Natural-Perils form offers an opportunity to reduce an overlying carrier's Quake, Flood or Wind deductible to a lower percentage or flat dollar amount
Highlights:
True follow-form coverage.
25% Minimum Earned Premium
Occurrence or aggregate forms.
$5,000 Policy Minimum Premium
Here's how it works- Your building value is $5,000,000.and the the overlying/primary has a 5% ($250,000) deductible. You elect to reduce your deductible (SIR) to 1% $50,000. If the quake/flood event is a covered loss on the overlying/primary policy we will pay up to $200,000 each and every loss.
Our policy includes on the following terms:
Follow form basis: our policy responds to covered losses based on the primary or overlying policy which must be in place as the time of loss.
Sigma Underwriting ManagersSM. All rights reserved. Certain coverages may not be available in all states. Coverage will be written on a non-admitted basis only through licensed surplus lines brokers, The description here is a summary only, it does not include all terms, conditions and exclusions of the policies and coverages described. PRIVACY STATEMENT