Do you have specific insurance requirements you need to comply with?(Required) This is very important. Your vendor agreements may require very specific coverages and endorsements that go beyond basic coverages.
These are the insurance requirements we need to satisfy.(Required)
Which, if any, are you selling on or through, or plan to in the next 12 months?(Required) Please let us know what retailers you have agreements with or plan to in the near future.
Cyber Liability/Data Breach(Required) Can provide coverage for data breaches, network attacks, cyber fraud, ransomware, social engineering, attack & extortion. Over 50% of small business owners are victims annually, and the average breach can cost upwards of $200 per compromised record, so a breach of as few as 500 clients can cost $100,000.
Directors & Officers(Required) insures directors and officers of privately held companies against claims alleging mismanagement of the firm. You may, and should be required to maintain this coverage if you are dealing with outside investors.
Domestic & International Cargo(Required) This is not included with product liability. This coverage can provide insurance for your inventory from origin to destination. While in transit internationally, domestically as well as while in 3rd party logistic centers & warehouses. If your inventory is at a 3PL or 3rd party warehouse, they are NOT insuring it for you.
Employment Practices Liability(Required) EPLI, or Employment Practices Liability Insurance covers businesses and business owners against claims by workers, employees or ex-employees that their legal rights as employees have been violated. This can include harassment, wrongful termination, discrimination, wage & hour, breach of an employment contract, and even 3rd party claims like the American Disability Act.
Foreign Product Liability(Required) A typical American insurance policy covers the U.S., Canada & Puerto Rico. This endorsement can extend your liability coverage territory to include worldwide claims.
Property & Inventory Coverage(Required) Product and General liability insurance is a 3rd party coverage, it does not provide coverage for damage to property, real estate, equipment or inventory you own. This coverage provides insurance on the 'things' your company owns in the event that they are damaged or destroyed.
Product Recall Coverage(Required) Product Recall provides coverage to assist in the costs associated with recalling a product from the market. Limits over $25,000 will most likely require a formal recall plan be in place.
Business Income Coverage(Required) Provides coverage for lost income in the event your business location is damaged or destroyed.
Workers Compensation(Required) Workers Compensation is a state mandated coverage that provides no-fault insurance for your employees. Which means that it will pay regardless of fault for employee injuries while on the job. In essence if an employee in injured while performing a work related duty, then Workers Compensation insurance will pay a portion of that employees salary for a specified period of time as well as medical bills. If you have an employee that is injured while on the job, your company will be held liable for these costs.
Liquor Liability(Required) Liquor liability insurance helps protect a business that sells, serves, or distributes alcohol. This type of business insurance can help cover claims of bodily injury or property damage that an intoxicated person causes after a company served them alcohol.
Trade Credit Insurance(Required) Trade Credit Insurance is a coverage intended to protect against the risk of non-payment when selling goods and services to customers on credit terms.
Business Income Coverage
Cyber Liability / Data Breach How many individual personal records does your company store?(Required) Indicate what safeguards you have in place:(Required)
Directors & Officers Coverage Do you currently have Directors & Officers Coverage in place?(Required) What is the limit on your current Directors & Officers Coverage? What Directors & Officers liability limit are you seeking??(Required)
Employment Practices Liability Have you had any layoffs in the last 12 months?(Required) Do you have any reason to believe that there is a pending employment practices claim that may arise?(Required)
Foreign Liability
Workers Compensation Payroll & Classifications(Required) Add additional lines for each state & job class
Domestic & International Cargo List the Countries and Annual Values Shipped(Required) Add a new line for each commodity & conveyence
What's the MAX. value per any one international shipment(Required) How are your international shipments made(Required) How are goods being shipped:(Required) What's the MAX value per any one domestic shipment How are your domestic shipments made Are you shipping to or from any of the following?(Required) Afghanistan, Cuba, Iran, Iraq, Jordan, Kenya, Lebanon, Libya, Nigeria, North Korea, Pakistan, Republic of Yemen, Somalia, Sudan, Syria, Russia, the Commonwealth of Independent States (C.I.S.) and countries that formerly comprised the U.S.S.R.
Locations & Values for Property Coverage(Required) Add a new line for each location and property type.
Business property: Property the business owns in the building, furniture, fixtures, machinery...
Improvements: permanent additions you have added to the space, Wall coverings, flooring, partitions...
Product Recall Coverage What Product Recall Limit are you seeking?(Required) Recall Types(Required) What types of recall are you seeking coverage for?
Liquor Liability Is there a written policy regarding non-service to minors and obviously intoxicated persons?(Required) Have all employees serving alcohol undergone documented alcohol service training program?(Required) Liquor Liability Limit(Required)
Trade Credit Insurance How much Trade Credit Insurance coverage are you seeking?(Required)
Welcome to the Finish Line How did you hear about us?(Required) Please provide any additional information we may not have asked and that you feel might be important for us to know. You may include additional coverages that you are seeking that were not asked or addressed above.
