NJM Insurance coverage Group has expanded the provision of its industrial package deal insurance policies within the Mid-Atlantic area. NJM is now writing industrial package deal insurance policies in Delaware, Maryland and Pennsylvania, with coverage efficient dates starting Aug. 1. The corporate started providing the product to New Jersey-based companies final month.
“This enlargement allows NJM to increase its mission of service to a higher variety of companies all through the Mid-Atlantic area,” stated Mitch Livingston, NJM president and CEO. “NJM has served the insurance coverage wants of the enterprise neighborhood for greater than a century, and we’re happy to develop and evolve as these wants change.”
- NJM’s ProPack Industrial Package deal Coverage protects midsize to massive companies towards property and legal responsibility dangers, together with crime, inland marine, and industry-specific coverages. Coverage highlights embrace:
- Property extension endorsements to higher shield actual property, enterprise private property, and enterprise earnings.
- Common legal responsibility enhancements for development, manufacturing, and all different industries.
- Non-obligatory coverages for tools breakdown, employment practices legal responsibility insurance coverage, skilled legal responsibility, contractors’ errors and omissions, and cyber insurance coverage.
ProPack policyholders who want increased limits of legal responsibility safety may also apply for NJM industrial extra and umbrella insurance coverage.
“We efficiently rolled out ProPack in New Jersey in Might and we’re already receiving optimistic suggestions,” stated Arjay Pedalino, vice chairman of economic traces at NJM. “We are actually excited to work with our most well-liked community of distribution companions to supply our whole account answer to extra companies all through the area.”