The Policy Features include:
*No waiting period for policy triggers
*Up to 6 month period of restoration available
*NO DEDUCTIBLE for all expenses except Decontamination Expenses (coinsurance applies for decontamination expenses)
*Loss of Lodging Revenue
*Rehabilitation Expenses:
-Marketing
-Overtime of regular staff
-Other mitigation expenses
Third-Party Remediation Expenses:
*Customer decontamination expenses
-Onsite customer first aid
*Extortion Payments
*Decontamination Expenses (affected lodging room and lodging rooms immediately adjacent to the affected lodging room)
-No co-insurance for first $5,000, then 10% co-insurance applies
*Immediate and expert crisis management from Specialty Risk Management, Inc.:
- 24/7 customer hotline
-Assistance with regulatory authorities and requirements
-Marketing and media control
-Preventative resources (bed bug prevention checklists, informal questions, etc.)