Designed to fill coverage gaps associated with overseas exposures.
A million things can go wrong when your school travels internationally. Imagine a student damaging the facilities where your class is staying and it isn’t covered under your general liability coverage. A faculty member takes a nasty fall, fracturing his hip and requiring hospitalization. A student gets abducted on a class trip and is held for ransom. If you’re thinking these situations hardly ever happen, think again—they happen more often than you know.
Eligible clients include U.S.-based businesses and nonprofit organizations that:
- Have employees who travel outside of the U.S.
- Have sales offices or other operations located outside the U.S.
- Sponsor cultural and sightseeing school trips abroad for faculty, students, and chaperones
- Sponsor study abroad programs
- Place students or faculty in graduate programs abroad
- Have faculty or other employees who attend conferences, conventions, or seminars overseas
Foreign P&C Program Highlights:
- A single, easy-to-read foreign property and casualty package policy
- Package can be tailored to include some or all available coverages
- Minimum premiums as low as $2,500
- U.S. master policy
- Ability to issue foreign local policies where required through the ACE global network
- Option to structure programs for larger exposures