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Rigs and equipment protection Helping you focus on operations, not costly exposures Whether your valuable rigs and equipment are on the move or stationary in the field, Travelers EnergyPro ® Rigs and Equipment protection helps make exposures one less thing to worry about. EnergyPro Rigs and Equipment protection covers the following types of equipment: Well-servicing, well-drilling or well-work over rigs and equipment, as well as scheduled vehicles Machinery, tools, appurtenances, derricks and substructures Similar property of others in your care, custody or control Coverage highlights include: Coverage for newly acquired property Pollutant cleanup and removal In-hole salvage expenses Choose additional specialized options to meet your needs: Suspension (“layup”) coverage offers a reduced premium for rigs and equipment that are not in use Flood or earthquake coverage Replacement cost coverage without deduction for depreciation Agreed value coverage can provide up to the dollar value of the policy agreed upon by you and Travelers for a total loss There’s more to insurance than your policy contract With Travelers, you are supported by an experienced team of underwriters, risk control specialists and claim handlers who work closely with you to help minimize risk and manage losses. OIL & GAS ® At Travelers, we specialize in ensuring that our insurance solutions are tough enough to meet the demands of our clients’ jobs. We’ve built on our unmatched experience in the highly specialized oil and gas industry to develop this specialized coverage. Protection for oil well service companies, contractors and operators. OVER >

Rigs and equipment protection - Travelers · 2015-01-14 · • Well control certification training for eligible employees offered through our preferred well control provider, Wild

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Page 1: Rigs and equipment protection - Travelers · 2015-01-14 · • Well control certification training for eligible employees offered through our preferred well control provider, Wild

Rigs and equipment protection

Helping you focus on operations, not costly exposures

Whether your valuable rigs and equipment are on the move or stationary in the field, Travelers EnergyPro® Rigs and Equipment protection helps make exposures one less thing to worry about.

EnergyPro Rigs and Equipment protection covers the following types of equipment:

• Well-servicing, well-drilling or well-work over rigs and equipment, as well as scheduled vehicles

• Machinery, tools, appurtenances, derricks and substructures

• Similar property of others in your care, custody or control

Coverage highlights include:

• Coverage for newly acquired property

• Pollutant cleanup and removal

• In-hole salvage expenses

Choose additional specialized options to meet your needs:

• Suspension (“layup”) coverage offers a reduced premium for rigs and equipment that are not in use

• Flood or earthquake coverage

• Replacement cost coverage without deduction for depreciation

• Agreed value coverage can provide up to the dollar value of the policy agreed upon by you and Travelers for a total loss

There’s more to insurance than your policy contract

With Travelers, you are supported by an experienced team of underwriters, risk control specialists and claim handlers who work closely with you to help minimize risk and manage losses.

OIL & GAS

®

At Travelers, we specialize in ensuring that our insurance solutions are tough enough to meet the demands of our clients’ jobs. We’ve built on our unmatched experience in the highly specialized oil and gas industry to develop this specialized coverage.

Protection for oil well service companies, contractors and operators.

O V E R >

Page 2: Rigs and equipment protection - Travelers · 2015-01-14 · • Well control certification training for eligible employees offered through our preferred well control provider, Wild

travelers.com/oilgas

The Travelers Indemnity Company and its property casualty affiliates. 4650 Westway Park Blvd., Suite 110 Houston, TX 77041

This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.

© 2014 The Travelers Indemnity Company. All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries. CP-7530 Rev. 9-14

We’re committed to making the oil and gas industry safer by providing:

• Experienced risk control professionals to help you with management practices, fire prevention, transportation, incident prevention, well control management and equipment security

• Well control certification training for eligible employees offered through our preferred well control provider, Wild Well Control, Inc., in accordance with IADC WellCAP® requirements.

• Free telephone advice and consultation services for well control incidents available 24/7 through our preferred well control provider, Wild Well Control, Inc.

In the event of a loss, our specialized claims professionals are at your service 24/7 to help you keep operations flowing smoothly. Our Claim team is dedicated exclusively to managing oil and gas claims.

• Professionals who are familiar with the complex indemnity and contractual elements unique to the industry and the applicable statutes and case law

• A specialty investigative group that coordinates investigation and recovery efforts

• A specialty heavy equipment division that performs appraisals and consultation

Financial strength and stability you can depend onYou can trust Travelers to be there when you need us. We’re a component of the Dow Jones Industrial Average with 160 years of insurance experience. Our philosophy of conservative fiscal management has consistently earned us high ratings for financial strength and claims-paying ability from A.M. Best* (A++).

*A.M. Best’s rating of A++ applies to certain insurance subsidiaries of Travelers that are members of the Travelers Insurance Companies pool; other subsidiaries are included in another rating pool or are separately rated. For a listing of companies rated by A.M. Best and other rating services visit www.travelers.com. Ratings listed herein are as of May 23, 2014, are used with permission, and are subject to changes by the rating services. For the latest rating, access www.ambest.com.