CNA's Builders Risk Form Available across the U.S.

Date : 05/05/2008 @ 4:15PM
Source : Business Wire
Stock : CNA (CNA)
Quote : 27.88  -0.19 (-0.68%) @ 5:08PM
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CNA's Builders Risk Form Available across the U.S.

Last year, CNA announced enhancements to its Middle Market Builders Risk form. Specially designed for building owners, property developers, builders, contractors or design-build firms that supervise construction projects, the form is first-party coverage. In addition, the form provides time-related coverages such as business income, contractual penalties and soft costs. Originally available in 29 states, the form is now available nationwide.

The form’s navigational ease, user-friendly format and built-in coverage options help agents better identify their clients’ coverage needs. Coverages are available for a wide range of industries including education, financial services, health care, hotels and hospitality, manufacturing, offices, real estate, and governmental entities. More comprehensive optional coverages include: increased hard costs, inflation guard, equipment breakdown, hot testing, and machinery tools and equipment.

CNA is one of the world’s oldest marine insurers, with a portfolio that includes ocean cargo and inland transit coverage, hull and P&I, primary & excess liabilities, specialty ocean marine, yachts, and various inland marine coverages. CNA Marine supports the industry groups and market segments targeted by CNA as well as writes monoline business within its Inland and Ocean Marine appetites. For more information, contact your local marine underwriter or visit www.cna.com.

CNA is the country’s seventh largest commercial insurance writer and the 13th largest property and casualty company. CNA’s insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. CNA is a registered service mark, trade name and domain name of CNA Financial Corporation.

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