Have you ever had that uncomfortable feeling that you’ve overlooked something important? 

If your client buys, sells or travels outside of the United Sates or Canada, you may have very good reason to be uneasy.  Not only do most US policies have significant coverage restrictions relative to activities outside of the US and Canada, customers traveling abroad often find themselves in tenuous situations where assistance is needed. These could include the need for medical assistance, repatriation, evacuation/extraction, kidnap & ransom negotiations, terrorist threats, or simply travel emergencies.  Colemont’s Foreign Package program may be the answer.

What Are Some of the Risks?

• Threat to the lives and health of your employees
  
• Uncovered losses - General Liability, Employee Injury, Automobile, Property, etc.
  
• Increase in expense and costs
  
• Non compliance with foreign laws including potential criminal penalties and adverse tax consequences
  
• Loss of  ability to transact business in a specific country
  
• Damage to reputation

Program Highlights and Available Coverages:

• $2,500 MP
• Competitive Commission
• Quick quote turnaround
• Resource for international expertise
• Both standalone foreign package policies and controlled master programs available
• Available nationwide

Travel, Medical  and Emergency Assistance

• Coverage can be extended to people other than employees such as volunteers, spouses, etc.
  
• Emergency Medical coverage (primary)
  
• Medical for non-work related injuries such as appendicitis can work seamlessly with workers comp
  
• Travel assistance services including translation, negotiations and evacuation

General Liability

• Overseas or foreign claim/lawsuit protection (do you or your domestic insurance carrier have a network of overseas attorneys or claims adjusters).
  
• GL AD&D (takes the concept of no fault premises medical one step further to provide no fault third party AD&D)
  
• Crisis Response (can you handle a media situation or other crisis overseas?)

Worker’s Comp

• First Response 24 Hour Coverage for Business Trips
• Endemic Disease
• Employees hired overseas
• Repatriation
• Travel assistance services

Automobile

• Contingent auto liability for hired and non-owned autos
• Hired auto physical damage coverage

Kidnap & Ransom

• Assistance with negotiation
• Coverage for ransom demands

For the larger risk with substantial operations or physical locations abroad, Colemont can also assist in establishing a “Master Controlled Program” where local coverage is purchased in compliance with local laws for foreign locations/operation with coverage and limits coordinated through a “master” US issued policy proving difference in condition (DIC) and difference in limits (DIL) provisions.  

Email Submissions to foreignsubmissions@colemont.com.