Note: This is a general summary of coverages and it is not intended to give complete policy information. All coverages and exclusions
are found in the policies.
"Coverages
and services described in this website are generally stated
for the purpose of promotion. The material does not modify or
amend the terms, conditions, or coverages of any policy.
Please ask your Supple-Merrill & Driscoll, Inc.
representative to explain coverage details, exclusions, limits
or other provisions of any insurance policy."
Rented
Equipment (Equipment, Props, Sets and Wardrobe)
What is covered?
Camera, sound, lighting and miscellaneous rented equipment. Owned equipment is not
covered. Props, sets, and wardrobe are covered.
How much should I insure for?
The insurable value should be the total value of your rented equipment, props, sets, and
wardrobe from all vendors.
Can the deductible be changed?
No. The deductible is based on the total combined limit of equipment, props, sets, and
wardrobe.
Are "Loss Payees" included?
Equipment insurance includes your vendors being provided with certificates of insurance
naming them as loss payee in the event of a loss. Unlimited certificates can be issued.
Covers the insured for losses due to bodily injury or property damage caused by the insured’s
employees or agents. Locations and vendors will require general liability for
1,000,000.
General
Aggregate and Occurrence Differences?
The aggregate is the total liability for the policy period.
The occurrence is the limit per claim.
The UNLIMITED general aggregate means there is no cap on the total
policy limit.
However, there is a limit of 1,000,000 for each claim (i.e. the
policy will cover an unlimited number of separate incidents at a
maximum of 1,000,000 per each claim).
Are "additional insureds" included?
Blanket
additional insureds are included and your vendors and locations
will be provided with certificates of insurance naming them as
additional insured in the event of a loss. An unlimited
number of certificates of insurance can be issued, including
certificates for cities and government entities.
What
is a Waiver of Subrogation?
Occasionally
a vendor will request a waiver of subrogation. In the event
of a loss, this prevents your insurance company from recovering
any funds from the vendor if the claim was due to the vendor's
negligence.
Liquor
liability provides coverage for the following losses for which you
may be held liable: 1) Causing or contributing to the
intoxication of a person, 2) The accidental furnishing of
alcoholic beverages to a person under the legal drinking age or
under the influence of alcohol, or 3) Any statute, ordinance, or
regulation relating to the sale, gift, distribution, or use of
alcoholic beverages.
Expenses incurred by a Participant
or Spectator for services recommended and approved by a
Physician (and listed on the Schedule of Services) which
result from a covered injury.
What are the limits?
250,000
Aggregate Limit of Indemnity
25,000
Accidental Death & Dismemberment (per person)
