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Travelers Property
Casualty introduces World Cover International Insurance…. The new
package policy provides international commercial insurance for the most
frequently requested coverages – General Liability, Voluntary Workers’
Compensation and Employer Liability, Repatriation, Commercial Automobile
& Business Personal Property – all in one streamlined package utilizing
up-to-date, easy-to-understand language. The key features include:
- Coverage territory "anywhere in the
world" other than the U.S., including its territories and
possessions, Puerto Rico and Canada (where domestic insurance will
apply). Lawsuits in the US are covered.
- Differences in Conditions (DIC)
provision.
- Differences in Limits provision.
- Blanket additional insureds.
- Broadened definition of bodily
injury.
- $50,000 basic limit for repatriation
coverage within voluntary worker’s compensation.
- Business personal property coverage
for undescribed locations, personal property of others, exhibitions
and property in transit.
In addition, the policy
includes Travelers’ World Cover Assistance Program, which provides
customers with 24-hour, toll-free access to a wide variety of travel and
emergency services.
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