Forestry
The SIU Forestry Program includes all operations associated with the harvesting and preparation of timber including, but not limited to, felling, trimming, skidding, transporting, sawing or planeing, ownership/operation/use of teams and construction of service roads in connection with logging, lumbering, sawmills and woodworking operations.
- General Liability
- Equipment/Inland Marine
- Transportation
- Available states: AL, GA, IN, KY, MI, MN, MS, NC, OH, PA, SC, TN, VA, WV, WI
- Minimum premium: $1,000 (up to $1M/$2M limits)
- Maximum limits: $1M per Occ/$2M Aggregate/$2M P/CO
- Deductibles: $500 per Claimant
- Inspection: New Business -Mandatory site inspection; Renewals- Mandatory site inspection if operating at different location
- Additional Coverage Option: Overcutting Limited Liability Coverage (GLS-513)
- Additional Coverage Option: Limited Liability Coverage (GLS- 512): Limited fire and Vehicle loading coverage
- Underwriting Requirements: Hard copy loss runs required
- Exclusive capacity both Admitted and Non Admitted Paper
- All states except AK, HI
- First party physical damage to equipment/machinery
- Limits up to $10,000,000 per schedule
- Additional Coverage Option: Leased/Rented Equipment
- Additional Coverage Option: Miscellaneous Tools/Equipment
- Additional Coverage Option: Rental Reimbursement
- Underwriting Requirements: All requests should complete Acord 125 and 146 (schedule of Eq).
- Underwriting Requirements: Hard copy loss runs or signed and dated No Loss Letter from insured
- Underwriting Requirements: Supplemental application
- Primary Liability up to $1,000,000
- Physical Damage
- Cargo
- No minimum or maximum number of units
- New Ventures acceptable
- Underwriting Requirements: Fully completed National Indemnity Companies application
- Underwriting Requirements: Hard copy loss runs or signed and dated Acknowledgement and Action plan, on insured’s letterhead, addressing deficiencies reflected on Central Analysis Bureau Report
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From Insurance Business America