 Remember the scene in A Christmas Story when Ralphie snaps and attacks the bully Scut Farkus? While it might feel satisfying to see a bully get walloped in reality that's not the way to handle them. Nowadays schoolyard bullying doesn't stop at school. With texting, cell phones, uploaded videos, and other social media these ever-more vicious attacks can be almost non-stop. Some of these cyberbullies even create websites specifically targeting a single victim.
As horrible as the idea of your child being a victim of cyberbullying, imagine if your child was the bully or falsely accused of being the bully. Civil lawsuits usually follow, psychological counseling is often recommended for both the victim and abuser. Even if the accusation of cyberbullying turns out to be groundless, reputations have been ruined.
The financial impact can be devastating but CyberSafety® Coverage from Lexington, an endorsement available in the Non-standard Homeowner or Rental Dwelling product can provide coverage in what can be a very difficult time. It features:
-
Limits of up to $250,000 for damages including defense costs.
-
Crisis Response Coverage to help manage the situation including handling the adverse publicity.
-
Up to $5,000 to hire a public relations firm to manage the adverse media attention and potential reputational fallout even if the allegations turn out to be false.
Coverage does not respond when parents or guardians had knowledge of the cyberbullying event and failed to either prevent the cyberbullying or notify the proper authorities.
Check out more features of Big "I" Markets products Non-standard Homeowners or Rental Dwelling, Non-standard Condominium Unit Owner, Non-standard Renters, and Vacant Dwelling - Non-standard.
TARGET MARKET & ELIGIBILITY
While there is no maximum Coverage A limit, there is a $150 - 200K minimum limit that varies by state, and exposure.
What you should send us:
-
Older, updated well-maintained homes (Older Home Questionnaire Required)
-
Coastal, Non Coastal or Brush Exposures
-
Log Homes
-
Trampolines, Unacceptable Animals, Unfenced Pools
-
Homes titled in an LLC or corporate name (Corporate Questionnaire Required)
-
Risks cancelled due to nonpayment of premium
-
Risks with prior losses or being non-renewed
-
Protection class 9/10
-
Builders Risk
Ineligible risks include knob and tube wiring, homes in poor condition/poor maintenance; mobile homes; risks with open claims; more than 2 family unit; business or day care on premise.
COVERAGE HIGHLIGHTS & AVAILABILITY
-
Industry-accepted ISO HO3 policy forms modified to tailor coverage for unique exposures
-
Many standard ISO endorsements and customized endorsements available
-
Flexible deductible options
-
Minimum Premium $1,000
-
Lex CyberSafetySM endorsement (provides liability coverage for damages arising from cyberbullying claims as mentioned above)
-
The LexElite Pet Insurance Enhancement
This market is now accepting PC 9/10, builder's risk, renters & condominium risks once again and is available in all states except for Hawaii. Learn more at www.bigimarkets.com.
|
Big "I" Markets Christmas Songs
By Michael Welch, Big I Advantage Marketing Assistant
 Last weekend, it seemed I heard Christmas songs practically everywhere and, honestly, I have to wonder what some of the songwriters were thinking. Lyrics such as "A child, a child, shivers in the cold. Let us bring him silver and gold." Because that's what a freezing baby needs; ice-cold metal!
There is also the lyric "Christmas comes this time each year…" - Well, yes. It's an annual event. That lyric is part of Little Saint Nick a song about Santa, his hotrod sleigh and the "reindeerpower" of the engine. Does he have Commercial Auto (under Small Commercial) for that hotrod?
If you're like me, part of your brain is always thinking about insurance, so I had no choice but to create a list of holiday songs that relate to Big "I" Markets products.
Check out:
From the Big "I" Markets team, we wish you a happy holiday season!
|
| |
|
BIM Website Training Webinar
Big "I" Markets
|
HPR Environmental Workshop
Big "I" Markets
|
|
Date: Thursday, December 28
Time: 2:00 - 2:30 p.m. EDT
Cost: Free
Summary:
For all you folks who recently registered for Big "I" Markets, remember you can participate in a webinar from the comfort of your office to help you learn how to navigate around the system. Every Thursday at 2:00 p.m. EDT we'll show you how to navigate the Big "I" Markets platform, including how to submit a quote! A recording of this webinar can be found under "Publications" after logging into Big "I" Markets.
Registration:
|
Date: Thursday, January 4
Time: 12:00 - 1:00pm EDT
Cost: Free
Summary:
We are very excited to announce the newest ARMR-designed program, ARMR HPRTM, which will be released January 4, 2018 to every independent insurance agent across the country. This program is only available through ARMR.Net; you will not want to miss this!
ARMR HPR™ is the easiest and most efficient new business production opportunity available in your commercial property owner and manager book of business.
Celebrate the official ARMR HPR™ program release with a sales training virtual workshop, January 4th, 2018 at 12:00PM EST. We look forward to seeing you there.
Registration:
|
|
BIG "I" MARKETS SALE OF THE WEEK
|
|
As a Big "I" member, you have access to exclusive agency risk management resources through the E&O Happens web site at 
