Let us introduce you to our Lonmar specialist in-house Deductible Buy-Back facility. Designed to reduce deductibles to a manageable level on all Catastrophe exposures as well as All Other Perils (OAP) risks.
- Covered Perils: Named Wind, Wind, Hail, Flood, Earthquake, AOP.
- Facility limit: $2,500,000 per occurrence – with higher limits available through Lonmar in the open market.
- Includes coverage for Tier 1 exposures.
- Coverage for Builders Risks including multi-year periods.
- Catastrophe peril buy down on a per occurrence basis with no aggregation
- Flexibility on minimum premium.
- 100% Lloyd’s capacity.
- 24 hour turnaround time.
In order to secure competitive terms please provide the following information:
- Schedule of locations with full address details.
- Construction of buildings and roofs including age and year of any updates.
- Full 5 year ground up loss record (including historical deductibles applicable).
- Flood zone with elevation details, if applicable.
- Deductible buy down requirements.