Optional Coverages

by Milan Insurance Partners

• Cyber Liability 
  • In today’s technological world many owners forget the exposure these systems create. Ask your Milan Insurance Partners agent about policies that help protect you from cyber exposure.
• Crime/Employee Dishonesty 
  • Many feel protected from criminal activity by their property policy, but what happens when the crime starts within your own organization? These policies add a layer of protection against internal threats you never saw coming.
• Directors & Officers Liability
  • “D&O” liability insurance protects the corporate directors and officers in the event they are personally sued by employees, vendors, competitors, investors, customers, or other parties, for actual or alleged wrongful acts in managing a company.
• Earthquake/Flood
  • These specialty coverage options are generally required in areas at high risk for flood and earthquake. These two risks are often excluded by basic property policies and must be purchased on their own.
• Environmental/ Pollution Liability
  • Some of the scariest exposures owners face revolve around what we can’t see with the naked eye. Environmental risks can result in some of the most expensive claim situations, and oftentimes are overlooked
• Errors and Omissions Liability/ Professional Liability
  • “E&O” is a type of professional liability insurance that protects companies, their workers, and other professionals against lawsuits of claims of your inadequate work or negligent acts or your failure to provide the level of advice or service expected.
• Renter’s Liability
  • Renter’s Liability programs exist to protect you the owner/ management group from tenant caused losses. By eliminating tenant control of “renter’s insurance” owners can rest easy knowing every unit is properly insured by the tenant. We have multiple options for owner’s of all size portfolios that protect you up to $100,000 in tenant caused claims. Additionally, these programs can potentially provide ancillary income opportunities by managing the program.
• Tenant Discrimination
  • A landlord must treat every tenant equally regardless of race, age, sex, and disabilities. Tenant Discrimination coverage protects you in the event of a lawsuit when discrimination did not occur.
• Utility Bonds
  • A utility bond is a financial guarantee required by an electric, water or gas company ensuring you will pay for the service provided.
• Worker’s Compensation and Employer’s Liability
  • Protect your employees and your business from accidents that happen on the job.  Workers Compensation provides statutory benefits to employees as a result of bodily injury by accident or by disease.  Employers Liability protects the employer against claims for work-related injuries and occupational diseases not covered under a state’s Workers Compensation law.