AmTrust BOP Manual - AmTrust North America

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Number of Employees per location PHOTOGRAPHS Minimum of two photographs are required for each risk written. These photographs must be maintained in the company underwriting file. OPTIONAL LIQUOR LIABILITY The following occupancies are eligible for optional Liquor Liability Coverage Cheese Shops Convenience Stores Delicatessens Drug Stores Gourmet Food Shops Grocery Stores Restaurants – Currently only Fast Food and Limited serve Motels No Liquor Liability Coverage will be provided if insured had liquor license violation within last three years. MISCELLANEOUS Buildings more than 30 years old are not eligible unless the roof, plumbing, heating, air conditioning and electrical wiring have been updated within the past 20 years. Motels more than 20 years old are not eligible unless the roof, plumbing, heating, air conditioning and electrical wiring have been updated within the past 15 years. Income from the rental of any goods or equipment must not exceed ten percent (10%) of the gross receipts of the insured. This limitation applies to all classes except where otherwise indicated in the Retail Risk Classification Pages. Income from the Service and/or Installation, either on or off-premises may not exceed twenty-five percent (25%) of the gross receipts of the insured. This limitation applies to all classes except where otherwise indicated in the Retail Risk Classification Pages. A Central Station burglar alarm is required for stores of the following types: Computer, Electronic (TV, Radio, Phone, ETC), Music Instrument, Sporting Goods and Video/DVD or other target theft occupancies. AmTrust Financial Services, Inc. 12.15.10 Page 12
BOP ELIGIBILITY GUIDELINES GENERAL ELIGIBILITY ISO Public Protection Classes – 1-7 are eligible and classes 8-10 must be submitted for approval Years in Business – Risks must have been in business for more than 1 year and any risks in business less than 3 years must be submitted for approval Coastal Locations – Risks with any locations within 75 miles of the Eastern or Gulf of Mexico seaboards are NOT eligible Losses – Risks with more than 3 losses, any weather loss over $25,000, or any non-weather loss over $10,000 in the past 3 years must be submitted Number of locations – more than 4 locations must be submitted Building Values - those exceeding $500,000 and NOT within 10% of an industry accepted ITV calculation must be submitted LESSORS RISK (LRO) Lessors Risks are eligible as long as the occupants meet our eligibility guidelines summarized below; however Restaurants and Motels are ineligible for LRO APARTMENTS, RESIDENTIAL CONDOMINIUMS and TOWNHOUSES Square Footage – No square footage limitation (35,000 for storage buildings) Annual Gross Revenue – $6,000,000 maximum per location Total Insured Value (TIV) – $6,000,000 for the total of buildings and personal property per location Building Age – Greater than 30 years without updates to the heating, roof, electrical and plumbing systems are ineligible Construction – Frame require automatic sprinkler systems, otherwise all other ISO construction types Height – No more than 4 stories, and Frame no more than 3 stories Units – No more than 20 units per building Buildings – No more than 6 buildings per location Eligible Occupancies – also include as acceptable in this guide: offices, wholesalers, mercantile/retail, processing and service occupancies (less than 35,000 square feet) and contractors (less than 7,500 square feet or less than 15% of building total area) Ineligible: ‣ Buildings more than 10% vacant ‣ Family dwellings of less than 4 units or any boarding ‣ In Illinois no Retail or Service Occupancies are ineligible ‣ Locations with boat docks or piers ‣ Locations with more than 1 swimming pool or that have diving boards, slides, uncontrolled access or lack any life safety requirements ‣ Locations without a resident manager ‣ Restaurants occupancies make the entire building ineligible ‣ Sauna, steam-room or playgrounds AmTrust Financial Services, Inc. 12.15.10 Page 13
Page 1 and 2: AmTrust BOP Manual Underwriting & P
Page 3 and 4: Contractors are currently NOT Eligi
Page 5 and 6: SCHEDULED RATING PLAN Schedule rati
Page 7 and 8: Businessowners Coverage Form BP 00
Page 9 and 10: Coverage Coverage Type Businessowne
Page 11: ADDITIONAL INSURED Additional Charg
Page 15 and 16: ‣ Check cashing ‣ Playgrounds
Page 17 and 18: ‣ Utility offices (including elec
Page 19 and 20: SELF-STORAGE FACILITIES Square Foot
Page 21 and 22: PROGRAM Grocery Stores Grocery Stor
Page 23 and 24: PROGRAM Mercantile Mercantile Merca
Page 25 and 26: Mercantile PROGRAM DESCRIPTION CLAS
Page 27 and 28: PROGRAM DESCRIPTION CLASS CODE SIC
Page 29 and 30: Mercantile Mercantile PROGRAM DESCR
Page 31 and 32: Office Office Office Office PROGRAM
Page 33 and 34: PROGRAM Processing and Service DESC
Page 35 and 36: PROGRAM Processing and Service Proc
Page 37 and 38: Wholesale PROGRAM DESCRIPTION CLASS

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