Kemper Offers Accounting Firms Policy
NU Online News Service, Jan. 2 11:09 a.m. EST?Kemper Insurance Companies has come out with a new specialty product tailored for accounting firms.
Kemper, based in Long Grove, Ill., said the new endorsement offers property, liability and accounting industry specific coverages under one policy.
It also provides accountants with a much broader, more inclusive range of coverages, with higher policy limits and more automatic features than most similar policies, the company said.
The enhancements for accounting firms include:
? Coverage of valuable papers and records for up to $100,000.
? Indemnification of business income on a billable-hours basis, at the insured's option.
? Coverage of computers and phone systems within business personal property.
David Duclos, president of Kemper's Small Business Group, said the aim of the new offering is to provide businesses specializing in accounting services with the comprehensive coverage they need under one policy.
Mr. Duclos said that in designing the "Kemper Premier for Accounting Firms," the company gathered information from its customers and agents about the coverage issues most important to them.
The policy is currently available in 45 states. Additional approvals are pending in Nebraska, New Mexico and Virginia. Kemper said the product will not be available in Hawaii or Louisiana.
Kemper also said that a new workers' compensation class dividend plan and a professional liability policy are available for accounting firms.
Kemper Premier also offers versions designed to meet the specialized needs of other market segments, including law firms; medical and dental offices; architecture and engineering firms; and small manufacturers.
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