Property
Your property helps you with the daily tasks of your ministry. If it's damaged, destroyed, lost, or stolen, your ministry suffers. MinistryFirst® provides protection from sewer or drain backup to breakdown of office equipment.
Inflation Guard Endorsement
This optional endorsement automatically adjusts your property values each year based on a percentage you and your insurance agent select. It provides an inexpensive way to avoid any inflation "penalty" if you have a loss, and it avoids the need for manually adjusting your property insurance limits on a frequent basis.
Property Protector Endorsement
This optional endorsement provides additional protection for your building(s) and personal property. See your insurance proposal for specific coverage limits. Coverage extensions include:
- sewer or drain backup (including flood waters)
- theft of or flood damage to building materials
- theft, forgery, or alteration of money and securities
- ordinance or law enforcement option; includes:
— increase of loss from enforcement of ordinance, law, or code
— demolition and debris removal of undamaged portion of building
— increased cost of (re)construction from enforcement of ordinance, law, or code
Bond
Pays for covered loss resulting from the dishonest activity of your personnel, including employed and appointed persons within your organization (limit options available). Coverage may also be obtained for ERISA-related losses.
Equipment Breakdown Endorsement
Pays for covered loss to property resulting from an accident (a sudden and accidental breakdown). This optional endorsement covers your mechanical and electrical systems and equipment, including boilers and pressure vessels, if any.
Common Covered Objects:
- Air conditioning systems
- Kitchen systems and equipment
- Refrigeration systems
- Heating systems, including boilers and pressure vessels
- Electrical wiring, circuit breakers, and switches
- Music and sound systems
- Office equipment systems, including:
— computers
— copiers
— fax machines
— telephone systems Heating systems, including boilers and pressure vessels - Electrical wiring, circuit breakers, and switches
- Music and sound systems
- $25,000 in computer data restoration arising out of a covered accident
Special Peril Protection
This is one of the broadest forms of peril protection available. Under this coverage format, we cover various risks of direct physical loss such as:
- aircraft damage
- explosion
- sonic boom
- fire
- smoke damage
- hail
- volcanic action
- lightning
- windstorm
- vehicle damage
- riot/civil commotion
- vandalism
- sinkhole collapse
- falling objects
- sprinkler leakage
- water damage
- limited glass breakage
- weight of ice, sleet, or snow
This type of protection also covers all other perils, except those we specifically
exclude in the policy. Subject to all terms, limitations, or conditions within
the policy, the concept of special peril protection for direct damage is
: If it is not excluded, it is covered, up to the specified limit.
For a free, no-obligation quote, contact
us.
Note: This Web site provides a brief
description of coverages offered in our MinistryFirst insurance
program. The Web site itself does not provide coverage of any
kind, nor does it modify the terms of any policy. All property
and liability coverages are subject to conditions, coverage limits,
limitations, and exclusions. For precise details of coverage,
please refer to actual policy forms.