SPECIAL FEATURE
Read the Latest Big I Advantage® Newsletter Now
 We have one of the best challenges an association products team can face here at Big I Advantage - and that's finding a way to keep Big "I" members informed of the many, many products and programs we have in place to bring value to your agency.
From agency professional liability insurance to protect your agency, to affluent homeowners insurance to protect your clients, to 401(k) retirement services designed to protect your future, we are constantly working to bring solutions to your agency that will have you thinking of the Big "I" first when faced with challenges large or small. It's a lot to stay abreast of!
That's why twice a year we publish a multi-page newsletter highlighting insurance and other product updates. The latest issue is now available for you to dive into!
This issue highlights the addition of the Coalition cyber liability product, as well as:
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Big "I" Flood
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Big "I" Personal Umbrella
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Big "I" Professional Liability
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Big "I" Retirement Services
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Big "I" Employee Benefits
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Big "I" Markets product updates
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Big "I" Business Resources
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… and more
We hate to think of any member agency leaving valuable member benefits on the table simply because they were unaware of what is offered. That's why we hope you'll click to download the current Big I Advantage newsletter, and take time to browse the many programs available exclusively to you as part of your membership with the Big "I."
You can learn more about these and additional IIABA offerings at www.iiaba.net.
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Protecting with Personal Articles Floaters
 Why do some clients need a Personal Articles Floater? Simply put, a standard homeowner policy is not set up to cover a large collection or a single high value piece (or both) sufficiently. Lower coverage limits, deductibles, and a smaller peril pool mean too many insured discover too late that they just didn't have enough insurance through their HO policy. A Personal Articles Floater is designed to offer higher coverage limits as well as protect against the causes of loss not covered on a homeowners policy. Our product features:
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Worldwide coverage for items not protected under other policies
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Larger schedule
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Expensive jewelry not excluded
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Significant discounts (alarm, safe)
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Can insure valuables without a deductible
Insurance can't cover the sentimental loss when items go missing or get damaged, but with the right coverage, the financial value can be protected. Additionally, a jewelry claim on a Personal Articles Floater does not impact the homeowner policy.
The Personal Articles Floater on Big "I" Markets offers customized products and services for commercial and personal inland marine fine art and valuable articles. Coverage is available for museums, galleries, private dealers and corporate collections as well as private fine art collections, jewelry, fine wine, silverware, musical instruments, antiques and any collectible imaginable. This program offers many specialized features designed for all types of risks that will appeal to even the most discerning collector, regardless of risk size. The carrier's in-depth knowledge of both personal and commercial exposures allows them to underwrite diverse risks resulting in policies that are individually tailored to meet the unique needs of your insureds.
Working with a specialty company that understands the unique elements of these risks leads to the most competitive pricing, considerably broader and more flexible coverage than your standard homeowners insurer, and expert claims handling.
Special items warrant special coverages and terms not commonly found in standard policies, offering the following coverages and unique features:
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All risks of physical loss or damage
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Worldwide coverage, including transit
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Valuation options to meet individual risk needs
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No per-item limitations
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Newly acquired property coverage
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No deductibles
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Optional buy-back for recovered property
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Legal liability coverage for objects in your care, custody or control
Claims are processed in-house and are assigned to one of expert adjusters from a tight network of specialists in the US. These specialists then work directly with your insured guaranteeing privacy and utmost discretion in adjusting the claim. This high-profile network of adjusters gives your clients access to a host of niche industry specialists to aid in the claims process such as:
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Fine art, collectible and jewelry appraisers
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Specialty jewelers
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Collectible societies
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Conservation and restoration specialists
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Auction houses
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Museums and gallery curators
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University historians and experts for unique items
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Curating services for collectors
Policies are written on an admitted basis. The carrier is rated A XV by A.M. Best. The Personal Articles Floater is available on Big "I" Markets in all states (except AK & HI) for personal lines.
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VU Webinars and Lightning Learning
Virtual University
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WEBINARS - Two-hours with CE in select states.
View the complete calendar, registration links and see what states have CE approval online. Registration includes live webinar, on-demand recording and a transcript.
LIGHTNING LEARNING - Twenty minutes each with a focus on Meeting Production Goal Requires More Work Than You Think
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July 9 - 11:30 a.m. ET - Key Information Needed to Write Condos
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July 16 - 11:30 a.m. ET - 7 Condominium Definitions You Must Understand
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July 23 - 11:30 a.m. ET - Who Insures Which Property?
Register once for the monthly Lightning Learning package and receive all sessions for one low price. Registration includes live presentations and on-demand recordings.
VU Webinar and Lightning Learning questions can be sent to VU staff. The 2019 calendar and all links are available here.
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Prize Award Change - Since not everyone can read the TFT right away, prizes will be to the first response with the correct answers and then four selected at random from all received by 6 p.m. EDT on Wednesday. Win a $5 gift card (Starbucks, Dunkin' Donuts, Baskin Robbins, or Krispy Kreme).
Don't forget to answer the Tie Breaker!
1. In 1671 Thomas Blood was caught in the act of an audacious attempt to steal the Crown Jewels from the Tower of London by pretending to be a pastor. How did King Charles II "punish" him?
2. The White House is the most visited historic home (public or private) in the country. What is the second most visited?
3. A Personal Articles Floater is appropriate for precious jewelry. One of those most famous diamonds in the world, the Hope Diamond, is on display at the Smithsonian. It’s a striking 45.52 carats, but many who see it are surprised by the color. What color is it?
TIE BREAKER
TB - Nationwide Insurance has an annual award called the Hambone for unsual pet mishaps and recoveries. The 2018 winners Ziva and Zeus, were discovered trapped for up to 21 days in what definitely unusual place?
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BIG "I" MARKETS SALE OF THE WEEK
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