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| COMMERCIAL PROPERTY AND CASUALTY INSURANCE | |
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These coverage types are designed to protect
you, the business leader, from loss and liability. All coverage
is available at competitive rates to qualified program members.
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| Buildings and Personal Property |
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Building coverage provides
protection for permanent structures listed on the policy and also
permanently installed fixtures, machinery and equipment. Personal
property owned by your firm and used in your operations can also be
covered. Furniture and fixtures, equipment and machinery, raw stock,
and finished goods all fall within this category. Personal property
of others, while located in your covered building or within 100 feet
of the premises, can also be insured. Contents located off premises
are not covered and must be insured by alternate methods. |
| Time Element |
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Time element coverage
is for loss of business income and the extra expenses incurred from
a covered loss. In addition to direct loss or damage to your property,
loss can occur as a consequence of the direct damage. Such indirect
losses are financial in nature and result from the loss of use of
the property directly damaged. Several types of coverage have been
developed to address these indirect loss exposures. |
| General Liability |
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This coverage protects
your business against claims arising from alleged bodily injury, personal
injury, or property damage liability. It includes protection for services
you render or products you sell. Coverage payments can include judgments,
attorney fees, court costs, or other related expenses. |
| Automobile |
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This policy can provide
a combination of liability protection and physical damage coverage
for loss due to damage to vehicles owned, maintained or used by you.
Additional coverage such as medical payments and uninsured motorist
protection can be purchased to "customize" the policy to fit your
business. |
| Umbrella |
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This policy provides
protection against catastrophic liability claims. The policy acts
as an excess coverage over your primary liability policies. Its limits
apply in addition to that provided by the underlying coverage. |
| Workers' Compensation |
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State law requires that
employers provide workers' compensation insurance for their employees.
This insurance provides coverage for accidents or disease arising
from employment as prescribed by these state laws. Benefits can include
lost wages, medical expenses, and permanent disfigurement/disability
payments. |
| Acquiring Coverage |
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For a free, no-obligation
quote, please call the toll-free 888 number listed on your member
I.D. card. Tell the customer service representative which type of
coverage you are interested in, and you will be connected to the insurance
specialist who can best serve your needs. If you have existing policies,
it is best to call 60 days before they expire. Having your current
policy handy will give you a more accurate comparison of available
coverage, but it is certainly not required. Please call any time for
a quote or an application. |
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Insurance is primarily underwritten by Transamerica Life, Great American Life Insurance Company, First Colony Life Insurance Company, Provident Life and Accident Company, American United Life Insurance Company, Manulife Financial, AmerUs Life Insurance Company, and American General Life Insurance Company. Other companies through which insurance may be available are: Hartford Insurance Company, Chubb Group of Insurance Companies, Travelers Insurance Company, and Foremost Insurance Company. Insurance products
offered, recommended or sold by ECB Insurance
may be subject to investment risks, including loss of
principal, and are not: Visit our Insurance Frequently Asked Questions |
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The East Carolina Bank, 35080 US 264 / P.O. Box 337 ,
Engelhard, NC 27824
Phone: (252) 925-9411, Fax: (252) 925-8491
Email: ecbonline@ecbbancorp.com