C‐APP032‐0815 Page3of4
REAL ESTATE PROPERTY MANAGERS - SUPPLEMENTAL APPLICATION
SUBCONTRACTORS
Insured is using a licensed general contractor that is insured elsewhere and provides additional insured status to
applicant. Uninsured subcontractors are not acceptable.
Describe type of work performed by subcontractors:
Risk Transfer – Subcontractors:
Additional Insured – Status granted to you on the subcontractor’s policy
Certificates of Insurance - Always obtained from a subcontractor prior to any work being done for you
Hold Harmless and Indemnification Agreements – Required from subcontractors
Limits of Liability - Subcontractors are required to carry limits equal or above your own
Workers Compensation (if applicable) – Subcontractors required to have their own WC
EMPLOYEES
Total Number of Employees (include leased employees): __________
RECEIPTS
Property Management:
Annual Receipts Last 12 Months: $ ________________
Annual Receipts Anticipated in Coming Policy Term: $ _______________
Property management fees are what percentage of total fees for Commercial: _____ %
Property management fees are what percentage of total fees for Commercial: _____ %
If there is commercial property management, what type(s) of occupancies? ____________________________
________________________________________________________________________________________
Insured has an ownership interest in property(s) they manage. If “yes” the properties must be properly
classified and rated. Attach a list of all such properties and indicate the insured’s percentage of ownership in
each.
Real Estate Sales:
Annual Receipts Last 12 Months: $ ________________
Annual Receipts Anticipated in Coming Policy Term: $ _______________
(Submit required if real estate sales exceed 15% of total annual receipts for all operations)
COVERAGE OPTIONS - LIABILITY (check if you would like a quote on any of the following)
Employee Benefit Liability – U058
Employment Practices Liability Insurance – U817 (Not available in AR, LA, MT, NM, NY, VT)
High Limits General Liability
Identity Recovery – i.e. Identity Theft – U651
Medical Expense Limit of $10,000 rather than $5,000
Stop Gap Liability – U066
COVERAGE OPTIONS - PROPERTY (check if you would like a quote on any of the following)
Building Ordinance or Law (Increased Cost of Construction) – U750
Equipment Breakdown – U522 and U523
Property Coverage Enhancement:
Bronze – U777C Silver – U777B or Gold-U777A
Signs (Outdoor) 0 Co1449
Water Back Up and Sump Overflow – U548