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One of the most important features of the Technology Super Choice Endorsement is that it simplifies and expands the definition of Business Personal Property (BPP) to include computers, software and data. This solution works both onsite and offsite within the coverage territory, protecting your equipment and that of your clients in your control.
Additional key coverages:
EDP Worldwide Coverage Extension — Provides $50,000 of worldwide laptop coverage for hardware, software and data, anywhere outside the coverage territory.
Business Income Billable Hours Option — Provides an alternative valuation for short-term losses, reimbursing you for your lost time, even if clients reschedule.
Business Income and Extra Expense – Dependent Property — Provides up to $100,000 in the event that your business income is reduced due to a loss to a critical supplier or customer’s property.
Business Personal Property at Unnamed Locations — Provides up to $25,000 of extended coverage for remote locations after the 60-day base Business Personal Property Off Premises Coverage terminates.
Contractual Penalties — Provides up to $25,000 toward penalties for failure to meet a contractual deadline.
Hacker Attack – Broadened Coverage — Provides up to $25,000 as a bridge to recovery by expanding the Targeted Hacker Attack Coverage in the base CNA Connect® policy to include virus coverage in a mass hacker attack.
Utility Services:
• Direct Damage — Provides up to $50,000 for direct physical loss or damage to covered property caused by an interruption of electrical power, communications or water supply services not located on the described premises.
• Time Element — Provides $25,000 of Business Income & Extra Expense Coverage when utility services are interrupted by a covered loss – including overhead transmission lines.
Tailored coverages to fit your business
When you set out to change the world in the field of technology, you need the peace of mind that comes from knowing your business is properly covered. Designed specifically to meet the insurance needs of the technology industry, CNA Connect® with Technology Super Choice Endorsement provides a broad range of critical coverages, allowing you to concentrate on what’s really important: your business.
SMALL BUSINESS
CNA Connect®
Technology Super Choice Endorsement
Accounts Receivable — Each Described Premises $275,000
Accounts Receivable — Away from Described Premises and in Transit $275,000
Brands and Labels Included in BPP Limit
Business Income — Billable Hours Included
Business Income and Extra Expense — Dependent Property $100,000 each occurrence
Business Income and Extra Expense — Extended Business Income 90 days
Business Income and Extra Expense — Ingress/Egress $50,000 each described premises
Business Income — Mobile Operations Vehicle $75,000 per vehicle/$200,000 per occurrence
Business Personal Property at Unnamed Locations $25,000 each unnamed location
Claim Data Expense $50,000 each occurrence
Computer Fraud $10,000 each occurrence
Contractual Penalties $25,000 each occurrence
Debris Removal $50,000 each described premises
Deferred Payments $25,000 each occurrence
Electronic Data Processing Equipment and Electronic Media and Data Included in BPP Limit
Electronic Data Processing Equipment and Electronic Data — Worldwide Coverage Extension
$50,000 each occurrence
Emergency Evacuation Event Expenses $25,000 each occurrence
Emergency Management Coverage $25,000 any one policy year
Fine Arts $50,000 each occurrence
Fire Protective Equipment Discharge $20,000 each described premises
Hacker Attack — Broadened Coverage
• Electronic Data $25,000 any one policy year
• Business Income and Extra Expense $25,000 any one policy year
Limited Building Coverage — Tenant Obligation $5,000 each described premises
Manufacturers and Wholesalers Selling Price Included
Ordinance or Law — Demolition and Increased Cost of Construction $50,000 each described premises
Ordinance or Law — Increased Period of Restoration $50,000 each described premises
Outdoor Trees, Shrubs, Plants and Lawns $25,000 each described premises
Real Estate Tax — Increased Assessment $50,000 each described premises
Unauthorized Business Card Use $5,000 each occurrence
Utility Services — Direct Damage $50,000 each described premises
Utility Services — Time Element $25,000 each described premises
Valuable Papers and Records — Each Described Premises $125,000 each occurrence
Valuable Papers and Records — Away from Described Premises and in Transit $125,000 each occurrence
SMALL BUSINESS
One or more of the CNA companies provide the products and/or services described. The information is intended to present a general overview for illustrative purposes only. It is not intended to constitute a binding contract. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products and services may not be available in all states and may be subject to change without notice. CNA is a registered trademark of CNA Financial Corporation. Copyright © 2015 CNA. All rights reserved. SB267MSB CONNECT T 022015
For more information, please contact your field sales specialist, small business underwriter or visit www.cna.com.
Property coverages include: