Product/Service

Policy Addressing Needs of Small to Mid-Sized Private Companies

Source: CNA Financial Corporation
E-Pack is a management liability insurance policy designed to offer small to mid-size privately held companies protection against the risks of today's business environment
E-Pack is a management liability insurance policy designed to offer small to mid-size privately held companies protection against the risks of today's business environment. The policy provides Employment Practices Liability, Miscellaneous Professional Liability, Directors & Officers Liability, Entity Liability, and Fiduciary Liability coverage.

The policy offers applicants the flexibility to purchase a single coverage or a combination of two or more coverages. Policyholders can obtain limits and retentions for individual coverages or share them between coverages.

Additional features of this policy include the service provider's duty to defend, providing small to mid-size companies with an extra measure of security. In addition, the insured is free to continue the day to day affairs of the business, while the provider assumes all obligations of investigating and defending covered claims. Punitive damages are also covered, where insurable by law, and there are no exclusions for acts occurring prior to the policy period for most coverage parts. Coverage for bankruptcy proceedings and spousal liability is also automatically included.

CNA Financial Corporation, CNA Plaza, Chicago, IL 60685. 312-822-5000. Fax: 312-755-5111.