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