Program Description: TEXcess, our Employers Excess Indemnity Program provides excess coverage over an Occupational Injury Benefit Plan and liability protection for employers' indemnity. |  |
Program Features:
Coverage Enhancements:
First dollar defense expense recovery is available by endorsement.
Standard ERISA Occupational Injury Benefit Plan is available.
Employer's own Plan may be used at higher SIRs.
Other States Coverage is available on a deductible basis.
Broad Form Named Insured wording covers all affiliates.
Occupational Disease is covered on an occurrence basis, not per employee.
Coverage for infectious diseases is provided.
Coverage extends for third party liability for actual damages sustained.
Benefit periods up to 156 weeks.
Deposit & minimum premium (90%) provisions will apply.
Policy Limits Available:
Per Person Limit: Up to $5,000,000
Per Occurrence Limit: Up to $10,000,000
Policy Aggregate: None or Up to $25,000,000
Self Insured Retention:
Minimum retention of $100,000
Claims Administration Services:
All claims will be handled on an unbundled basis through Third Party Administrators. Self-administration is available with prior approval. Employers will have a separate contract with the TPAs to maximize service flexibility and cash management options. Safety National will provide "best practices" oversight on all TPAs and will conduct audits to verify that service standards are maintained.
Loss Prevention Services:
Loss prevention services are available upon request. Service can include on-site consulting, safety training, and safety plan development.
Marketing Plan:
Program will be available to all licensed agents in Texas via an exclusive wholesale agent. Safety National has appointed Jerry Murphy of the Colemont Insurance Brokers of Texas, LP to act as our exclusive wholesaler for this program. Colemont will be providing the following services: review of current benefit plan to determine compliance with plan design; determination of arbitration protocols; and, assessment of current plan structure versus limits needed.
Competitive retail commission is included in the program.
Click here to download our TEXcess brochure.
To learn more about the program please contact your local Safety National Marketing Manager or Jerry Murphy at the Colemont Insurance Brokers of Texas, LP @ 214-561-6866.