OIL & GAS SERVICE PROVIDERS INSURANCE
Hill Programs offers coverage including:
Commercial General Liability/Professional Liability/Contractors Pollution Liability and Excess Liability to a wide variety of Oil & Gas Service Industry companies through certain underwriters at Lloyds, London. Coverage is available in all states except Hawaii and Alaska. Limits of liability are available up to $2,000,000 each claim and $2,000,000 policy period aggregate on primary policies and up to $10,000,000 each claim and $10,000,000 policy period aggregate on excess policies. Premiums start at $4,000.
COVERAGE
FEATURES
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Coverage for Personal and Advertising Injury including consequential BI
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Coverage for Pollution Conditions
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Consent to Settle soft hammer clause (50%)
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Coverage for computer software sold or supplied by the insured in the provision of professional services
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Punitive Damages coverage where allowed by law
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Independent Contractors as an insured while working for the insured
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Leased Employees as an insured while working for the insured
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Temporary Employees as an insured while working for the insured
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Insured Person includes spouse and domestic partner
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Full Severability of all exclusions clause
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True worldwide coverage
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SIR reduced by 50% (up to $25,000) for use mediation to resolve a claim
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Discovery Clause for reporting circumstances
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Forty-five days coverage for merged or acquired entities
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Blanket Waiver of Subrogation
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Blanket Additional Insured
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Blanket Primary & Non-Contributory
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Hired & Non-owned Auto Liability Endorsement
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CG 04 40 11 03 Stop Gap (North Dakota)
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CG 04 40 11 03 Stop Gap (Wyoming)
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CG 20 37 04 13 Automatic Additional Insured -- Completed Ops
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Employee Benefit Liability Endorsement ($1,000,000 Limit of Liability)
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Med Pay Buy Back ($10,000 any one person)
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Underground Resources and Equipment $100,000 Sublimit
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Blowout & Cratering $100,000 Sublimit
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CG 25 03 05 09 Designated Construction Project(s) General Aggregate Limit Endorsement
RESTRICTED CLASSES INCLUDE:
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Oil & Gas Transmission Pipeline
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Refinery
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Offshore