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TEKPAC/TEKPACPlus PACKAGE

Small information technology businesses and entrepreneurs play an important role that leads to innovation and economic growth.   These businesses often start up as home based and escalate to an office with a small number of employees.  As such to accommodate the smaller information technology businesses, Creechurch specifically developed TEKPAC/TEKPACPLUS in order to address their specific needs.

TEKPAC/TEKPACPlus is ideal for small Information Technology firms.  It includes different options / limits for E&O, CGL and Property in one convenient package policy.   It's fast and easy to apply as only one application is required to obtain a quote for all three coverages.

Some TEKPAC/TEKPACPlus targeted classes includes: 

  • Computer consulting;
  • Software development (packaged or customized);
  • System design or integration;
  • Value-added reselling;
  • Web site development services.

COVERAGE HIGHLIGHTS:

Tekpac/TekpacPLUS now available with our MediaTech Wording

As our MediaTech wording is one of the best products available in the marketplace, we are now offering it to all Tekpac/TekpacPlus package policies.   As a result, all of our package policy customers can now benefit from the following coverages:

Errors & Omissions

Choice of $100,000, $250,000, $500,000, $1,000,000 or $2,000,000 limit

  • Professional and Information Technology Services coverage for Technology based services but also for other type of non-technology related service that your client may provide. This eliminates the need for two separate policies.
  • Technology Products - computer or telecommunication hardware or software or related electronic product.
  • Network Security including theft of data, unauthorized access, malicious code and denial of service attacks.
  • Multimedia and Advertising including coverage for:
    • defamation, libel, slander, product disparagement,
    • invasion of or interference with the right to privacy or of publicity,
    • misappropriation of any name or likeness for commercial advantage,
    • plagiarism, piracy or misappropriation of ideas,
    • infringement of copyright,
    • infringement of trade dress, domain name, title or slogan
    • misappropriation of trade secret
  • Privacy Liability including Notification Costs and Regulatory Defense with Credit Monitoring Coverage – available by endorsement
  • First Party Computer Security Insurance Coverage for First Party Data Protection, First Party Network Business Interruption and Cyber Extortion – available by endorsement

Coverage also includes:

  • World-wide territory and jurisdiction
  • Independent Contractor coverage extension
  • Innocent Insured coverage extension
  • Bodily and Property Damage coverage
  • 3 years Extended Reporting Period

Commercial General Liability Coverage

Choice of $1,000,000, $2,000,000, $3,000,000, $4,000,000 or $5,000,000 limit

Coverage includes:

  • World-wide territory and jurisdiction
  • Products and Completed Operations
  • Aggregate on Products and Completed Operations only
  • Personal Injury
  • Employees as Additional Insured
  • Contingent Employers Liability
  • Cross Liability
  • Tenants Legal Liability—Broad Form $250,000
  • Non-Owned Auto, $1,000,000 limit
    • Legal Liability for Damage to Hired Automobiles/$50,000 limit
    • Contractual Liability
    • Excluding Long Term Leased Vehicles
  • Medical Payments, $25,000 per person/accident
  • Employee Benefits Liability, $1,000,000 limit

Property Coverage

Limits up to $15,000,000 per location

Coverage includes:

  • Replacement Cost
  • Sewer Back-Up  
  • Blanket By-Laws
  • Extensions for:
    • Money & Securities
    • Accounts Receivable
    • Valuable Papers
    • Transit
    • Installation Floater
    • Glass
    • Pollution Clean-Up
    • Extra Expense
    • Fine Arts
    • Debris Removal
    • EDP Mechanical Breakdown

Click here to complete or download an Application now.

Not eligible for TEKPAC/TEKPACPlus? Check out our Information Technology Liability facility, which offers broader coverage. CGL and Property can also be provided under separate cover.

Please call or email for a copy of the policy wordings for exact terms and conditions.

If you have further questions about these packages, please contact a member of our Information Technology Underwriting Team, who can provide you with specific details regarding terms, conditions, coverages and exclusions.