Coverage for offices
and retail businesses.
American National Property
and Casualty Company's (ANPAC®) Businessowners Advantage
policy is designed to provide affordable quality protection
for retail businesses and offices. It contains a host of
special optional coverages to address your specific needs.
Businessowners Advantage includes
coverage for your buildings, permanently installed equipment,
outdoor fixtures, business personal property (including
computer systems), electronic media and records, and your
interest in tenant improvements and betterments.
Other Coverages include:
- Accounts Receivable
- Money and Securities
- Forgery or Alterations
- Debris Removal
- Outdoor Property, including signs
- Newly Acquired Property
- Property in Transit or Temporarily Off
- Valuable Papers and Records (cost of
research), including electronic or magnetic media
- Property of Others while in your care,
custody or control
- Liability Protection
Liability coverage is valuable
protection in the event you are sued due to a negligent
act in the course of your business. This important protection
is an automatic feature of Businessowners Advantage, and
is available in various amounts to serve your needs.
The following items are included:
- Premises and Operations
- Hired & Non-owned Auto
- Products/Completed Operations
- Personal Injury
- Advertising Injury
- Fire Legal Liability
- Medical Expense
- Loss of Income
Your business income is paid,
up to twelve months, when your business is interrupted by
an insured peril. Businessowners Advantage also pays for
certain extra expenses needed to resume normal business
In addition to the coverages
outlined here, you will also benefit from special features
found in Businessowners Advantage:
Replacement Cost Coverage.
Pays the cost of replacing your buildings or business personal
property with materials of like kind and quality at current
prices. Coverage on an actual cash value basis is optional.
Equipment Breakdown Coverage.
Covers physical and financial damage from an insured equipment
failure. Coverage for many types of equipment including:
electrical distribution systems, HVAC, telephone and electronic
systems and equipment.
Automatic Increase in Insurance.
Prevents inflation from devaluing your insurance protection
by automatically increasing the amount of coverage on your
buildings each year. A choice of percentages is available
on an optional basis.
Peak Season Coverage.
Increases your limit for business personal property automatically
- a valuable feature if your inventory fluctuates seasonally.
Allows you to choose higher deductibles for additional savings.
Lowers your payments with credit for qualified security
Payment Plans. Spreads
out your premium payments to free up capital for current
Depending on your exact business
needs, you may want to include some of the following coverages
in your policy:
- Utility Services - Direct Damage
- Employee Dishonesty
- Employee Benefits Liability
- Outdoor Signs in higher
- Accounts Receivable in higher limits
- Valuable Papers & Records in higher
- Spoilage Coverage