Overview
No "hammer" clause governing settlement
Occurrence policy form
Defense in addition to limit or within limit policies
Solutions
AXIS Insurance for National Association of Broadcasters members' policies provide comprehensive protection for the potential liability that radio and television broadcasters may face.
Capabilities
- Business operations and personal injury: coverage is extended to personal injury claims arising from the usual and ordinary business operations of the Insured, which may fill a gap in coverage created by exclusions in a CGL policy based on the insured entity being in the business of advertising
- Damages include punitive or exemplary damages, where allowed by law
- Dedicated limits: instead of one aggregate limit applicable to all overages under the policy, we offer the option to write coverage with a dedicated limit for any combination of the following coverages:
- 1. media;
- 2. miscellaneous professional services error and omissions;
- 3. technology services error and omissions; Cyber/data security and privacy
- Joint venture coverage: coverage is extended to cover the insured’s interest in a joint venture at no additional premium
- Mitigation expense coverage: automatically included at full policy limit for no additional premium
- Primary and excess coverage available
- Reporting of claims: governed by the awareness of a control group composed of senior executives and officers of the insured entity
- Technology services errors and omissions: automatically included for qualified classes at a $100,000 sub-limit for no additional premium. Higher limits are available.
- Spousal coverage including domestic partners
- Subpoena defense and free expression legal action expense and indecency complaint investigation expense: automatically included at a $100,000 sub-limit for no additional premium. Higher limits are available
- $20 Million capacity
Optional coverages
- Advertising services errors and omissions
- Cyber/data security and privacy
- Miscellaneous professional services errors and omissions
- Technology services errors and omissions
All capabilities (including deductibles, self-insured retentions, limits of liability and minimum premium) are for illustrative purposes only as to products offered by AXIS insurers licensed in the state and not necessarily indicative of the capabilities of any other AXIS company.
Not all insurance coverages or products are available in all states and policy terms may vary based upon individual state requirements. Issuance of coverage is subject to underwriting and coverage depends upon the actual facts of each case and the terms, conditions and exclusions of each individual policy. anyone interested in an insurance policy should request a copy of the policy itself for a description of the scope and limitations of coverage The information on this Website is provided for informational purposes only and is not an offer to sell, or a solicitation to buy, any particular insurance product. No insurance product is offered or will be sold in any state in which such offer or solicitation would be unlawful under the laws of such state. Certain products may be offered by AXIS companies not licensed in your state and therefore may only available through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are not protected by such finds, and surplus lines insurers are not always subject to the same insurance regulatory standards applicable to licensed insurance companies.
Documents
Application
National Association of Broadcasters Insurance Application, AXIS 101 0903
Application
National Association of Broadcasters Insurance Renewal Application, AXIS 101 0951
Our approved service providers
Clients with AXIS Breach Response Insurance can receive payment for expenses related to data breaches. Please see our list of vendors who AXIS has pre-approved to provide breach-related services to our clients.
Claims examples
The following claims examples illustrate the types of exposures radio and television broadcasters can face. Download claims example
Claims
We deliver on our promises
Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:
- Quick decision making
- Championing your needs
- An honest approach
∗Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
Related
What’s happening at AXIS
Related news and updates across the organization
Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
