Insurance for Retailers

The Property Portfolio Protection (PPP), Zurich’s broad all-risk Property form, addresses exposures that retail companies face.

Coverage highlights include, but are not limited to:

• Peak Season Endorsement
• Merchandise sold but not delivered-selling price
• Brands and Labels Included
• Consequential loss to undamaged stock included
• Flexible Transit and Unnamed Locations limits available
• Unintentional Errors or Omissions
• Better Green^TM – coverage to rebuild to same or higher green standard is automatically included via sublimit after a covered loss.
• Computer Systems (excluding Electronic data)
• Equipment Breakdown coverage included with no sub-limit
• Ordinance or Law applies to all covered property and time element loss, not just buildings
• Tailored valuation provisions – No coinsurance contract
• Loss of Utilities includes overhead lines
• Unscheduled Locations time element coverage sublimit in base Business Income with Extra Expense form

• Broad Named Insured includes partnerships, joint ventures and LLCs
• Automatic Blanket Additional Insureds
• Automatic Waiver of Right of Subrogation and Primary Non-contributory conditions
• Incidental Medical Services, Good Samaritan Acts and Co-Employee extensions
• All perils included for property damage to Premises Rented to You
• Definition of Bodily Injury includes mental anguish, mental injury, shock, fright or death
• Broadened contractual liability