Most U.S.-based organizations understand the legal exposures they face here at home. However, when you venture to other countries, you can encounter many unfamiliar laws, languages and customs. This can lead to costly legal actions against your company. Make sure your company is protected with this customized legal coverage for international exposure.
Make Foreign General Liability coverage the first line of defense against costly legal actions arising from events occurring outside United States borders.
To be eligible to purchase a Foreign General Liability policy, your organization must have a US address. Companies with no US presence are not eligible to purchase this coverage.
Commercial General Liability
Situation: A US employee is traveling overseas to France and uses an electric plug adapter. The adapter overheats while they are out of the room, and some smoke triggers the room sprinklers. The room, as well as the room below it, have water damage, and the hotel owner is demanding to be repaid for the damage. Your domestic GL declines to cover because it happened outside of the US.
Solution: Your Foreign GL policy would provide third-party property liability for damages caused by your employee while traveling internationally. It would pay for the cost of defense, expenses, and damages that you are liable for.
Foreign Workers Compensation
Situation: Your company sends workers overseas to set up for an international conference. While working on a ladder, an employee falls and breaks his hip. He is unable to work for 6 months while healing, and your domestic Workers Comp only provides coverage in the US.
Solution: A Foreign GL policy that includes Foreign Voluntary Workers Compensation provides State-of-Hire or Country-of-Origin benefits to all employees working internationally. This would pay for items such as their lost wages and medical bills, with the goal of making the employee whole and protecting your organization.
Situation: A US-based employee travels to Mexico and rents a car with $40,000 in local auto liability (compulsory under Mexico law). They are in an accident where a passenger in the other vehicle dies, and the driver is seriously injured. Their liability greatly exceeds the $40,000 they purchased, and the company and employee can both be held responsible.
Solution: A Foreign GL policy can be bundled with contingent auto liability coverage, with limits of up to $1,000,000 per covered accident, and extends coverage to both the employer and the employee.
A Foreign GL policy can be bundled with a number of other vital coverages. Sometimes, these are considered ‘throw in’ benefits, and will not increase the premium of the policy. Other times there will be an additional premium. Global Underwriters can add and remove these lines to customize a program that is perfect for your needs and budget
Automobile Liability – Provides contingent coverage for automobile, including owned, non-owned, and hired. This pays for things like third-party damage, damage to hired vehicle, and medical bills.
Foreign Voluntary Workers Compensation – Provides state-of-hire or country-of-origin Workers Compensation benefits to employees working internationally. This benefit pays for things like medical bills related to a work injury, lost wages, and usually includes an Employers Liability benefit to protect the company in case of a suit by an employee.
Travel Accident and Sickness – Provides an Accidental Death and Dismemberment (AD&D) and Travel Medical benefit. This benefit also provides vital 24/7 Emergency Medical Assistance – you can call anytime, anywhere, and speak to someone for advice or help.
Kidnap and Ransom – Provides coverage for ransom and extortion of your company and employees. This also includes access to a Crisis Management company who will manage your case for you
“I am very glad I found Global Underwriters when looking for foreign liability coverage. They were very helpful and knowledgeable and were able to secure the right liability coverage for my company. I can now have peace of mind while conducting business and selling products overseas.”
- Gail (Merrick, NY)