Insurance Coverages

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#6666FF" TEXT="#080000" bgproperties="fixed" background="12a00760egblyg.jpg"> <div> <FONT SIZE="5" COLOR="#FFFFFF" FACE="Times New Roman" ><B>www.incubatorinsurance.com</B></FONT><FONT SIZE="2" COLOR="#FFFFFF" FACE="Times New Roman" > </FONT><FONT SIZE="2" COLOR="#3300FF" FACE="Times New Roman" >  </FONT><FONT SIZE="2" COLOR="#FFFF33" FACE="Times New Roman" ><B> |   </B></FONT><B>  </B><A HREF="index.htm" TARGET="_top" TITLE="www.incubatorinsurance.com"><U><B>Home</B></U></A></div> <div> <A HREF="id2.htm" TARGET="_top" TITLE="About Us"><U>About Us</U></A>   |   <B>Insurance Coverages</B>   |   <A HREF="identity_theft.htm" TARGET="_top" TITLE="Identity Theft"><U>Identity Theft</U></A>   |   <A HREF="start_up.htm" TARGET="_top" TITLE="Information for Start Up Companies"><U>Information for Start Up Companies</U></A>   |   <A HREF="id4.htm" TARGET="_top" TITLE="Applications"><U>Applications</U></A>   |   <A HREF="id17.htm" TARGET="_top" TITLE="Articles"><U>Articles</U></A>   |   <A HREF="id6.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A>   |   <A HREF="id16.htm" TARGET="_top" TITLE="Links Resources"><U>Links & Resources</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=205 BGCOLOR="#6633FF" TEXT="#080000"> <div> <B> <TABLE BORDER="2" CELLPADDING="2" CELLSPACING="1" WIDTH="172" BORDERCOLORLIGHT="#0000FF" BORDERCOLORDARK="#0000FF" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" BGCOLOR=#FFFFFF > <tR> <tD VALIGN=TOP BGCOLOR=#FFFFFF HEIGHT= 113 ><NOBR><div> <I><B>Incubators!</B></I><B> </B></div> <div> <I><B>New Ventures!</B></I><FONT SIZE="3" COLOR="#0000FF" FACE="Times New Roman" ><B> </B></FONT></div> <div> <I><B>Established Firms!</B></I><B> </B></div> <div> <I><B>Venture Capital Firms!</B></I></div> <bR> </NOBR></tD> </tR> </TABLE></B></div> <bR> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <B>Insurance Coverages</B><FONT SIZE="3" COLOR="#0000CC" FACE="Times New Roman" > </FONT></div> <bR> <div> <I><B><IMG SRC="1386e4a0.jpg" border=0 width="110" height="74" ALIGN="BOTTOM" HSPACE="0" VSPACE="0">                                           <IMG SRC="1396e4b0.jpg" border=0 width="110" height="75" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></I></div> <div> <I><B>Information Technology                              Bio- Technology</B></I> </div> <bR> <div> <B>COVERAGES TO CONSIDER...</B></div> <bR> <div> <I><B>Technology Errors and Omissions</B></I><B>- designed for technology companies that customize products or sells pre-packaged software and hardware - i.e. software developers and component manufacturers</B> </div> <bR> <div> <I><B>Technology Media Liability</B></I><B> - provides coverage for media injury such as:</B> </div> <div> <B>Unintentional infringement of copyright, title, trademark, slogan, trade name...resulting from dissemination of material including advertising.</B> </div> <div> <B>Libel, slander, invasion of privacy, unauthorized use of media material in the advertising of others' products.</B> </div> <bR> <div> <I><B>Computer Protection</B></I><B> - computer systems fraud, telecommunications theft, denial of services, public relations crisis management....</B> </div> <bR> <div> <I><B>Package Policy</B></I><B> - provides both property and general liability coverage</B> </div> <bR> <div> <I><B>Directors' & Officers' - </B></I><B>A specialized form of liability coverage for legal expenses and liability to shareholders, bondholders, creditors or others due to actions or omissions by a director or officer of a corporation or nonprofit organization. Often includes Employment Practices Liability -insurance for employers that covers wrongful termination, discrimination, or sexual harassment toward the insured's employees or former employees.</B></div> <bR> <div> <I><B>International Coverage </B></I><B>- Insurance of an organization's business or property in a foreign country. "Home" refers to the country where the insured is domiciled and "foreign" to the territory where the risk or exposure is located. </B></div> <bR> <div> <I><B>Umbrella Coverage - </B></I><B>A special liability policy that serves three main functions: provide high excess coverage over a primary or underlying liability policy; provide broader coverages than the primary liability policy, usually excess of a self-insured retention; and provide a drop-down feature that automatically replaces coverage provided by underlying policies when they are reduced or exhausted by losses. </B></div> <bR> <div> <I><B>Workers' Compensation- </B></I><B>Insurance that covers an employer's responsibility to compensate injuries, illnesses, disabilities or death of employees, as prescribed by state workers' compensation laws.</B></div> <bR> <div> <I><B>Disability - </B></I><B>Compulsory disability income coverage for injuries or illnesses not arising out of employment which must be provided by employers in a few states.</B></div> <bR> <div> <I><B>Life </B></I><B>- Customized plans available </B></div> <bR> <div> <I><B>Health </B></I></div> <bR> <div> <I><B>And More...</B></I></div> <bR> <div> <B>Marshall & Sterling has the esteemed status of </B><I><B>Platinum Agent </B></I><B>for the Hartford Insurance Company </B><I><B>(A.M. Best Rating "A+")</B></I><B>. In addition, we represent the leaders in financially secure companies in the insurance industry (AIG, Chubb Insurance Group, Travelers,CNA, One Beacon...) as well as access to over 50 markets to meet the specialized needs of our clients.</B></div> <bR> <div> <I><B>Example:</B></I></div> <bR> <div> <B><U> <A NAME="the_hartford_s_spectrum_policy_1"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="1" ALIGN="bottom" WIDTH="1" HSPACE="0" VSPACE="0" ></A></U></B><FONT SIZE="3" COLOR="#0000CC" FACE="Times New Roman" ><B><U>The Hartford's SPECTRUM Policy</U></B></FONT></div> <bR> <div> Just a few of the ways both The Hartford's SPECTRUM policy and Stretch </div> <div> endorsement can protect your investment in your business property are highlighted below.</div> <bR> <div> <B>Special Coverage for Building Owners</B></div> <div> If something happens to the building your business owns, The Hartford's small business policy will pay to repair or replace that building up to your policy's limits. We also offer you the option of insuring that your building could be replaced at today's value regardless of your policy's limits.</div> <bR> <div> For one low annual fee, you can also add a special combination of coverages to your policy that provides extra protection for business owners who own their own building. Called the Building Stretch endorsement, this option includes: </div> <bR> <div> ~ Protection in case your building is destroyed and it costs more to demolish and </div> <div>    rebuild it to code than its current value </div> <div> ~ Full glass coverage </div> <div> ~ Full sign coverage </div> <div> ~ Additional coverage for damaged landscaping </div> <div> ~ Extended coverage limits for any newly-acquired buildings</div> <bR> <div> <B>Business Property Protection</B></div> <div> Built into The Hartford's plan for business owners is coverage that would pay to repair or replace any equipment, stock, furniture or fixtures that you own up to your policy's limits.</div> <bR> <div> <B>Equipment Breakdown Coverage</B></div> <div> At The Hartford, we understand that today's small businesses have big equipment exposures. So our insurance program automatically includes protection against equipment breakdowns. </div> <bR> <div> This coverage pays to repair or replace your equipment in case of breakdowns caused by losses that are typically excluded from most business insurance policies like power surges, mechanical malfunctions, and boiler explosions. </div> <div> Among the many different types of equipment protected by this feature are computers, scanning equipment, phone systems, air conditioners, refrigeration systems, and many others.</div> <bR> <div> <B>Business Income Coverage</B></div> <div> As a small business owner, you simply can't afford to be out of business for any length of time. That's why The Hartford's SPECTRUM plan for small business owners automatically includes business income protection.</div> <bR> <div> If your business property incurs a covered loss that results in suspension of operations, this built-in coverage will reimburse you for your actual loss of income for up to 12 months. It will even reimburse you for extra expenses you incur to restore your business operations --such as renting equipment or another office space.</div> <bR> <div> <B>Accounts Receivable Coverage</B></div> <div> If you choose to add The Hartford's special Stretch endorsement to its small business plan, you will be extending insurance protection to your accounts receivable records. That means that if your accounts receivable records were ever damaged or destroyed by a covered loss, your insurance would pay up to $25,000 to replace or restore them. (You also have the option of choosing higher limits.)</div> <bR> <div> <B>Brands & Label Coverage</B></div> <div> Included in The Hartford's special money-saving Stretch endorsement for small business owners is coverage for the necessary removal of brands and labels. In case of a covered loss, this provision pays the cost of removing the brands and labels from damaged stock so that it can be salvaged.</div> <bR> <div> <B>Claim Expense</B></div> <div> If you add The Hartford's special Stretch endorsement to your small business owner plan, it will include valuable coverage for claims-related expenses. This provision pays for expenses you incur to assist The Hartford in investigating a claim or determining the amount of a covered loss.</div> <bR> <div> <B>Computers and Media</B></div> <div> Most small businesses rely heavily on computers to help them run their operations. So to protect this investment in computer technology, The Hartford offers optional coverage that would reimburse you for any: </div> <div> ~ physical loss or damage to your computer hardware; or </div> <div> ~ loss of data or computer software.</div> <bR> <div> <B>Consequential Loss to Stock</B></div> <div> If you add The Hartford's popular Stretch endorsement to your basic insurance plan, you will automatically benefit from this additional coverage. It reimburses you for financial loss in situations where damage to one part of your inventory also reduces the value of related but undamaged components.</div> <bR> <div> <B>Counterfeit Money Orders and Paper Currency</B></div> <div> If you add the economical Stretch endorsement to your Hartford small business insurance plan, you will be protected against counterfeit money orders and currency. This coverage will reimburse you for the financial loss if a customer pays you with counterfeit money orders or paper currency.</div> <bR> <div> <B>Employee/ERISA Dishonesty Coverage</B></div> <div> For less than $1 a week, you can add a special Stretch endorsement to your Hartford insurance plan that combines a number of valuable insurance provisions including protection against employee dishonesty. </div> <bR> <div> If any of your covered employees commits a dishonest or fraudulent act which results in financial loss to your business, The Hartford's coverage will reimburse you for the loss.</div> <bR> <div> <B>Glass Coverage</B></div> <div> The Hartford's plan for small business owners automatically provides building glass coverage. Better still, unlike policies from other insurers, The Hartford's policy extends that coverage to damage caused by a variety of factors --including vandalism and malicious mischief.</div> <bR> <div> Even if you don't own your building --but your lease specifies that you are responsible for building glass -- our coverage will pay to repair or replace damaged glass.</div> <bR> <div> If you do own your building, and you choose our special Building Stretch Endorsement, you'll have full coverage for your glass --up to your policy's limits.</div> <bR> <div> <B>Money & Securities Protection</B></div> <div> If you add the special Stretch endorsement to your Hartford insurance plan, it would include valuable protection for your business' cash and securities.</div> <bR> <div> Not only will this coverage protect your money and securities while they are on your business premises, it will also protect them while they are off premises --like on the way to the bank.</div> <bR> <div> <B>Off-Premises Power Failure Coverage</B></div> <div> For just pennies a day, you can add a special Stretch endorsement to your Hartford insurance plan that includes valuable protection in case of off-premises power failures. </div> <bR> <div> This coverage will reimburse you for loss of business income if an off-premises power failure temporarily shuts down your business.</div> <bR> <div> <B>Other Business Structures</B></div> <div> The Hartford's business owner insurance plan also extends protection to other business structures on your property -- such as a greenhouse, business car garage, or storage shed.</div> <bR> <div> <B>Peak Season Coverage</B></div> <div> The Hartford understands that businesses like yours have "peak seasons" with fluctuating inventories. Therefore, when you insure your inventory for its average monthly value, we will automatically provide you with a 25% increase in insurance coverage during those peak inventory periods.</div> <bR> <div> <B>Personal Belongings on Your Business Premises</B></div> <div> If you elect The Hartford's special supplemental package of coverages for small business owners, you will extend protection under the policy to any of your personal belongings while at your business site. If anything happens to your own personal property while located on your business' premises, you will be reimbursed for resulting loss or damage.</div> <bR> <div> <B>Precious Metals</B></div> <div> If you use precious metals in your manufacturing operation, you'll find it reassuring to know that The Hartford's customized insurance plan for manufacturers automatically includes up to $10,000 of coverage for precious metals.</div> <bR> <div> <B>Property Off-Premises Coverage</B></div> <div> The Hartford's insurance plan for small businesses automatically extends protection to your business property while it is away from your principal business site. </div> <bR> <div> <B>Property of Others</B></div> <div> The Hartford's small business insurance policy automatically covers the property of others for which you would be held legally liable. That means that if you accidentally damage someone else's property while it is in your care, your Hartford insurance policy would pay for damages.</div> <bR> <div> If you lease equipment for your business (such as computers, copy machines, telephone systems, etc.), you can also add supplemental Business Personal Property of Others coverage to your Hartford small business plan. This optional insurance provision would cover specified leased or rented equipment for its replacement value.</div> <bR> <div> <B>Sewer and Drain Back-Up Protection</B></div> <div> If you add The Hartford's money-saving Stretch endorsement to your basic business owner's plan, it will include valuable insurance for sewer and drain back ups. </div> <div> This coverage will protect you against losses caused by water backing up through the sewers or drains --or by water overflowing from a pump.</div> <bR> <div> <B>Sign Coverage</B></div> <div> Unlike other policies which may limit sign coverage or specify what types of signs are covered, The Hartford's SPECTRUM policy with the special Stretch endorsement provides sign coverage for all your business' signs --up to the policy's Business Personal Property coverage amount.</div> <bR> <div> <B>Temperature Change Coverage</B></div> <div> If you rely on refrigeration equipment to maintain your inventory, an equipment breakdown or power failure could seriously affect your profits. That's why The Hartford's insurance plan offers temperature change coverage. This coverage would protect any perishable stock you have on your premises --in case of damage caused by a temperature change. </div> <bR> <div> Our customized insurance for your type of small business also builds in business income interruption protection. That means that if you did suffer an equipment breakdown or power failure, you could be financially compensated for the resulting loss of business income.</div> <bR> <div> <B>Transit Insurance</B></div> <div> Because business owners in your industry typically rely on different means of transportation to deliver orders, The Hartford offers special transit insurance. This </div> <div> coverage will protect any shipments you make by car or truck, rail, or air from the time it leaves your shop to the time it is delivered to your customer.</div> <bR> <div> <B>Valuable Papers Coverage</B></div> <div> If you elect The Hartford's special Stretch endorsement for small businesses, it will </div> <div> include protection for your valuable papers. This coverage would reimburse you for the cost to research, reproduce, replace or restore your business' valuable records if they are damaged or destroyed by a covered loss.</div> <bR> <div> <B><U>Technology Errors & Omissions</U></B></div> <bR> <div> <B>FailSafe Mega</B> -For small technology companies, FailSafe™ MEGA is a Technology Errors & Omissions (E&O) coverage that seamlessly becomes part of The Hartford's SPECTRUM small business policy so a business' needs are handled easily by a single insurer. marketed as part of the Spectrum insurance program. It insures: </div> <bR> <div> ~ Negligent acts or errors and omissions </div> <div> ~ Failure of technology services to perform as expected </div> <div> ~ Consulting, design analysis, installation, training, maintenance, support, and repair of: </div> <div>    software, wireless applications, firmware, shareware, networks, systems, hardware, </div> <div>    devices or components </div> <div> ~ Integration of systems </div> <div> ~ Processing, managing, mining or warehousing of data </div> <div> ~ Administration, management, operation, or hosting of another system, technology or </div> <div>    computer facilities </div> <div> ~ Manufacture, sale, licensing, distribution or marketing of: software, wireless  </div> <div>    applications, firmware, shareware, networks, systems, hardware, devices or  </div> <div>    components </div> <div> ~ Design and development of code, software or programming </div> <div> ~ Providing software application, services, rental or leasing </div> <bR> <div> <B>FailSafe Giga</B> is the E&O coverage for <I><B>small and mid-sized tech firms</B></I>. It features the same coverages as Mega but also insures breach of warranties or representations, the technology company's Web services for others and has the ability to add other services not already included in the definition of technology services. </div> <bR> <div> <B>FailSafe Tera</B> includes the same coverages as its companion products but also insures the following professional liability perils: </div> <div> ~ Denial of service, unauthorized access or use, repudiation of access, tampering with or </div> <div>    introduction of malicious code </div> <div> ~ Infringement of copyright, title, slogan, trademark, trade name, trade dress, service </div> <div>    market or service name </div> <div> ~ Plagiarism or misappropriation of ideas </div> <div> ~ Misuse of intellectual property right in content </div> <div> ~ Libel, slander, product or service disparagement, trade libel, infliction of emotional </div> <div>    distress, outrage or outrageous conduct </div> <div> ~ False light, public disclosure of private facts, intrusion and commercial appropriation of </div> <div>    name or likeness </div> <div> ~ Wrongful entry or eviction, trespass, eavesdropping or other invasion of the right of </div> <div>    private occupancy </div> <div> ~ Malicious prosecution or false arrest, detention or imprisonment </div> <bR> <div> In addition, FailSafe Tera not only covers Web services for others, but also the Web site activities of the technology company. </div> <bR> <div> <B>Please complete the form for more information:</B></div> <div> <B> <form action="http://csbmail.globalscape.com/cgi-bin/csbmail/csbmail.pl" method="POST" enctype="application/x-www-form-urlencoded"><input type="hidden" name="tlx_SortOrder" value="FirstName,LastName,Email,Company,Address1,Address2,City,State,Zip,Phone,Fax,Comments"><input type="hidden" name="tlx_FormIndex" value="2"><input type="hidden" name="tlx_OKMessage" value="Thank you for your request for information."><input type="hidden" name="tlx_SendMode" value="1"><input type="hidden" name="tlx_Subject" value="A request form was submitted"><input type="hidden" name="tlx_EmailTo" value="mmcgarry@marshallsterling.com"> <table cellpadding="0" cellspacing="1" border="0" align="center"> <tr> <td align="left">First Name:<br> <input type="text" name="FirstName" size="30" maxlength="100"></td> </tr> <tr> <td align="left">Last Name:<br> <input type="text" name="LastName" size="30" maxlength="100"></td> </tr> <tr> <td align="left">Email:<br> <input type="text" name="Email" size="30" maxlength="100"></td> </tr> <tr> <td align="left">Company:<br> <input type="text" name="Company" size="30" maxlength="100"></td> </tr> <tr> <td align="left">Address Line 1:<br> <input type="text" name="Address1" size="30" maxlength="100"></td> </tr> <tr> <td align="left">Address Line 2:<br> <input type="text" name="Address2" size="30" maxlength="100"></td> </tr> <tr> <td align="left">City:<br> <input type="text" name="City" size="30" maxlength="100"></td> </tr> <tr> <td align="left">State:<br> <input type="text" name="State" size="30" maxlength="100"></td> </tr> <tr> <td align="left">Zip:<br> <input type="text" name="Zip" size="10" maxlength="10"></td> </tr> <tr> <td align="left">Phone Number:<br> <input type="text" name="Phone" size="14" maxlength="14"></td> </tr> <tr> <td align="left">Fax Number:<br> <input type="text" name="Fax" size="14" maxlength="14"></td> </tr> <tr> <td align="left">Comments:<br> <textarea name="Comments" rows="5" cols="30"></textarea></td> </tr> <tr> <td align="right"><input type="reset"> <input type="submit" value="Send" name="tlx_send"></td> </tr> </table> </form>  </B></div> <bR> <div> <I><B><U>DISCLAIMER</U></B></I></div> <div> The information contained in this web site is for information purposes only and is not intended to be an insurance policy or contract of insurance. For complete coverage details and exclusions, please refer to the policy itself as each insurance company's coverages may be different.</div> <div> Marshall and Sterling, Inc. &/or web designer assumes no responsibility or liability for errors or omissions in the material on this web site. <B>Coverage may not be bound on this site.</B></div> <bR> </td> </tr></table></body>