Great american offers comprehensive abuse and molestation coverage that works to prevent abuse or molestation acts and protects the organization if an accusation or actual loss happens. Smml insurance typically provides coverage for a range of incidents, claims and liabilities related to sexual misconduct, molestation or abuse It may cover legal defense costs, settlements and judgments arising from allegations made against the organization, its employees, volunteers or representatives. Under this type of insurance, the following type of claims may be covered Actual abuse, threatened abuse, molestation, or sexual harassment Sia offers two limits for sam coverage
$100,000 per occurrence / $300,000 general aggregate (most you'd be paid out per policy period) $1,000,000 per occurrence / $2,000,000 general aggregate Unlike other insurers, at tmhcc we know how important these exposures are and offer sexual misconduct and molestation liability (smml) coverage to a broad range of classes. What is sexual abuse and molestation (sam) insurance Sexual abuse and molestation insurance provides coverage for organizations against claims arising from alleged sexual misconduct or molestation by an employee or other representative of the organization. Current market conditions | sexual abuse & molestation liability obtaining coverage for allegations of sexual abuse and molestation liability has become increasingly challenging in recent years Allegations and litigation have risen significantly, alongside new gaps and new exclusions in traditional insurance policies.
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