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| | Climate Risk : Global Weather - ACE SPECTRA: Wind Deductible Buydown for Properties |
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| | | Policy
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- Named Storm Deductible buy back for Real and Personal Property, including Business Income, on a first layer, or primary basis
- Can be purchased stand-alone, or to cover an existing wind storm property policy deductible
- Can be structured as an annual aggregate cap on wind deductible losses
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- Minimum deductible: $100,000 per occurrence/location
- Minimum premium: $100,000
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- Up to $10 million per location
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- Hospitality industry
- Entertainment industry
- Manufacturing industry
- Real Estate industry
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- An admitted policy
- Suitable to 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
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