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ACE SPECTRA® for Properties

ACE’s SPECTRA® for Properties solution provides named storm deductible buy back coverage for Real and Personal Property, including Business Income, on a first layer, or primary basis that can be purchased as stand-alone named storm coverage, or to cover an existing wind storm property policy deductible.

Benefits:

  • Admitted policy
  • Suitable for managing high per occurrence windstorm deductibles
  • Suitable to managing multiple windstorm occurrences within a single season
  • Simplified policy language
  • Can follow form with primary policy
  • Can be structured as an annual aggregate cap on wind deductible losses

Minimums & Limits

  • Minimum deductible is $100,000 per occurrence/location. Minimum premium is $100,000.
  • Limits up to $25 million

Target Client

  • Hospitality
  • Entertainment
  • Manufacturing
  • Real Estate

 

Forms / Applications

Document Name Size Date
Primary Wind w BI.pdf 0 KB 09/22/2014