Hanover Technology Advantage commercial package policy
Hanover Technology Advantage
Hanover Technology Advantage was designed by our experts to address the unique risks of information technology, electronics manufacturing and telecommunications services businesses. The Hanover offers four base broadening endorsement options as well as three technology property broadening endorsement options specific to our technology target sectors, helping you to tailor coverage to your clients’ individual needs—and budget. The Hanover offers solutions to meet with the needs of growing businesses and the convenience of one-stop shopping for your technology clients.
- Four tiered property base endorsement options—Bronze, Silver, Gold, Platinum—provide more than 60 coverages with flexible limits such as worldwide property off-premises, electronic data processing, contract penalties and more
- Industry-specific property endorsement options include specialized protection for technology companies that can be added onto a base endorsement including coverages such as business income—new product-to-market delay, research and development expenses, worldwide laptop coverage and more
- Technology general liability broadening enhancement endorsement provides 13 additional coverages including product recall expense and property damage legal liability; enhanced website and internet coverage available
- Optional worldwide general liability broadening endorsement provides coverage for lawsuits brought anywhere in the world
- Optional enhanced website and internet coverage
- Optional vandalism–interruption of computer operations coverage covers losses from denial of service, service attacks, viruses, hacker attacks
- Optional data breach coverage
Hanover’s industry-specific Technology Property endorsement options provide additional coverages and are offered in combination with the Bronze, Silver, Gold, or Platinum base property broadening endorsements.
- Electronics manufacturing broadening endorsement
- Information technology services broadening endorsement
- Telecommunications broadening endorsement
General liability endorsements
Hanover’s suite of technology general liability endorsements was designed to help protect clients from costly damage, injury and suits brought against them. Our industry-specific Technology Enhancement Endorsement is offered in combination with our General Liability Broadening Endorsement.
Please note: The Hanover’s general liability coverage does not automatically include a professional services exclusion.