Chartis Introduces OMNI-GOLD[R] for Higher Education Institutions.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Chartis today announced the introduction of OMNI-GOLD([R]), developed by its Cat Excess Liability Division to enable higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. institutions to purchase follow form excess casualty coverage and a combination of excess financial lines coverages in one policy. OMNI-GOLD is designed to cover diverse and potentially catastrophic risks such as a: dormitory fire; foodborne illness A foodborne illness (also foodborne disease) is any illness resulting from the consumption of food. Although foodborne illness is commonly called food poisoning, this is often a misnomer. in a dining hall; serious injury from an overzealous o·ver·zeal·ous adj. Excessively enthusiastic: overzealous movie fans; an overzealous manager. o stadium crowd; allegation of harassment Ask a Lawyer Question Country: United States of America State: Nevada I recently moved to nev.from abut have been going back to ca. every 2 to 3 weeks for med. in a classroom; or class action suit from faculty alleging discrimination associated with lack of tenure. OMNI-GOLD offers a shared aggregate excess limit of liability of up to [euro]/$50 million in principal areas of exposure, eliminating the need to purchase individual excess policies. Most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , insureds do not have to change the way they currently purchase insurance, with the ability to maintain separate primary policies and continue primary carrier relationships with familiar coverage language. OMNI-GOLD drops down in the event of a covered loss. "Given the unpredictability of liabilities and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , the purchase of catastrophic liability limits by higher education institutions is vital," said Jeremy Johnson, President of Cat Excess Liability. "OMNI-GOLD addresses the liability risks that these institutions face with broad coverage, local service, flexibility and choice." For more information regarding OMNI-GOLD, please contact Joseph Klimek, Vice President of Cat Excess Liability, at (312)930-4754 or joseph.klimek@chartisinsurance.com. You can also visit www.chartisinsurance.com. Chartis is a world leading property-casualty and general insurance organization serving more than 40 million clients in over 160 countries and jurisdictions. With a 90-year history, one of the industry's most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence. Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at http://www.chartisinsurance.com. All products are written by insurance company subsidiaries or affiliates of Chartis Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant. funds and insureds are therefore not protected by such funds. |
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