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This product provides you with the benefits of a comprehensive package of protection and the flexibility to meet the specific needs of your business. This product was designed for businesses such as medical, legal, financial and other professional-service offices. Pricing discounts are available for businesses that qualify.
Automatic Property Coverages for Offices include:
- Building and Business Personal Property, which helps replace or repair your building if it is damaged by a covered loss.
- Business Income and Extra Expense, which covers you in the event your business has to close due to a covered loss. You will be reimbursed for your actual loss of income and the extra expenses you incur for up to one year.
- Computer Coverage, which provides protection for damage to your computer equipment and the restoration of electronic data that is destroyed or corrupted by a covered loss.
- Employee Dishonesty, which provides protection against the loss of money or property that results from dishonest or fraudulent acts committed by your employees.
- Forgery or Alterations is designed to protect for loss resulting from the forgery of your check, draft or other written promise of payment.
- Money and Securities protects money and securities used in your business if they are stolen, lost or destroyed.
- Valuable Papers and Records was designed to help restore or recreate your valuable documents and records if they are damaged by a covered loss.
- Identity Recovery Coverage, which includes expense reimbursement and identity recovery services to assist in resolving and correcting your credit history and identity records. Both you as the owner and full-time employees of your business are covered.
Automatic Liability Coverages provide further protection, including:
- Business Liability, protection for damages related to bodily injury, property damage and personal and advertising injury that arise out of your business.
- Employment Practices Liability, which will protect you from claims made alleging injury to your employees due to work-related discrimination, negligent hiring or termination, or harassment.
In addition to our automatic coverages, our Optional Coverages allow you to customize your policy to meet your unique needs.
- Data Compromise covers the cost of notifying and providing identity restoration assistance to individuals whose personal information has been lost, stolen or inadvertently published while in your care, custody or control. This coverage provides protection for customers, clients, vendors and others.
- Professional Liability provides coverage for injury or damage resulting from any professional services you render in your business.
Merchants Advantage Plus® Office also offers a number of money-saving discounts, such as:
- Multiple Policy Discount, for those policyholders that have more than one commercial policy with Merchants.
- Multiple Location Discount, if you have more than one location on the same policy.
- Association Credit, if you are a member of a national association where certification or training are required.
- Protective Device Discount, for fire or burglar alarms.
- Sprinkler Discount, if your building is protected by an automatic sprinkler system.
NOTE: Not all coverages and discounts are available in all states. Availability of coverage is subject to specific underwriting guidelines. See your Merchants’ independent agent for details and a quote. |
