Coverages can, and in many cases should be, obtained as a separate policy. For instance, kidnap and ransom should be a separate policy because the insured and insurer want the coverage and persons covered to remain confidential. Y2K. Carriers take differing views of Y2K and where the losses, if any, will occur. When working with financial institutions, make sure that their compliance includes a written plan and that an individual with direct responsibility is assigned. Y2K should be offered as a separate policy, not endorsed to the existing package.
Professional liability is an important part of the protection for financial institutions.
The type of business conducted determines the need for various forms. This class of business can provide many opportunities for agents who investigate the hazards and educate themselves on coverage solutions. Specialists in the market are willing to assist agents in meeting these goals. Lincoln Highway, Ste. This insurer also writes fidelity coverages.