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  Home > Current Programs > Current Programs - Stormtracker
  Current Programs - Stormtracker
 
 

Storm Tracker - Hurricane Insurance

When a storm strikes, coastal businesses can suffer significant hurricane related losses that may not be covered by conventional property policies. ACE Storm Tracker sm hurricane insurance is an innovative, cost effective way to address such scenarios and provide a level of financial security. ACE Storm Tracker sm is designed to respond whether there is property damage or not, based upon the proximity and strength of the hurricane.

Benefits:
 
Up to $10 million in limits per location on an aggregate basis
Coverage provided within fifty miles of Hurricane Eye
Aggregate coverage limit available for multiple storms during coverage period
Property damage not required for business interruption protection
Simple and efficient claims processing

Coverage Highlights:

Business Interruption
Extra Expense
Property Damage
No Deductible

Program Parameters:

Payment under the policy is the lesser of actual loss of:
    5% of the aggregate limit - Cataogory 1 hurricane
    10% of the aggregate limit - Catagory 2 hurricane
    15% of the aggregate limit - Catagory 3 hurricane
    50% of the aggregate limit - Catagory 4 hurricane
    100% of the aggregate limit - Catagory 5 hurricane


ACE StormTracker FAQ

ApplicationStormTracker806.doc


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