NEW HSB FREESTYLE ADVANTAGE. Win and keep more customers with our broadest-ever equipment coverage and new coverage options

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1 NEW HSB FREESTYLE ADVANTAGE Win and keep more customers with our broadest-ever equipment coverage and new coverage options

2 About HSB and Munich Re Hartford Steam Boiler (HSB), a proud part of Munich Re, is a leading engineering and technical risk insurer providing equipment breakdown and other specialty coverages, inspection services and engineering consulting that set the standard for excellence worldwide. HSB provides clients with risk solutions tailored to their needs and strategies to optimize the reliability, lifespan and efficiency of their equipment and operations. Broader than ever HSB Freestyle Advantage provides broader than ever equipment breakdown coverage, including new and expanded equipment protection. Property damage cost to repair or replace equipment damaged by a covered breakdown Off-premises property portable equipment damaged in any country, where permissible by law Environmental, Safety and Efficiency pays up to 150% of the loss payable for upgrades to more energy efficient, safer or environmentally friendly equipment Green Equipment $25,000 in addition to any applicable coverage under Environmental, Safety and Efficiency Improvements Data restoration restore data that is lost or damaged due to a breakdown Business income income loss due to an interruption resulting from a breakdown from the date equipment is or could have been repaired or replaced, plus time for the business to be fully operational Contingent business Income business income loss resulting from a breakdown at locations of key suppliers or clients Anchor Location expands Contingent Business Income coverage to loss resulting from a breakdown at an adjacent location that draws clients to an insured location Mold repair/replace and clean up or dispose of covered property when mold contamination results from a breakdown Service interruption extends Income and Extra Expense to breakdowns of equipment owned by a supplier contracted to supply a service Perishable goods spoilage or contamination of food or other perishables following a breakdown; includes coverage for perishable goods damaged by service interruption Demolition building demolition or rebuilding required by law Ordinance or law additional costs to comply with building laws or codes Civil Authority expands Income and Extra Expense to loss resulting from a civil authority denying access to an insured location due to breakdown to a business located within one mile Expediting expense temporary repairs or to expedite permanent repairs Hazardous substances extra cost to repair or replace covered property contaminated by hazardous substances released due to a breakdown Newly acquired locations loss at newly acquired locations Errors and omissions locations not described in the policy or are inadvertently omitted Brands and labels covers difference in revenues when merchandise damaged by breakdown is sold for less than its full, premier brand value, including the cost of relabeling Extra Expense additional costs incurred after a loss to maintain normal operations

3 Open new doors with HSB Freestyle Advantage With HSB Freestyle Advantage, Hartford Steam Boiler offers you an innovative way to compete at a new level for business customers. New HSB Freestyle Advantage is an up-to-the-minute enrichment of our popular HSB Freestyle form, built to address new equipment demands, risks and opportunities. It is the broadest equipment breakdown coverage available today and more. HSB Freestyle Advantage is also a unique, strategic opportunity to offer your customers two contemporary specialty coverages HSB Data Compromise and HSB Identity Recovery in a convenient, affordable bundle. These timely products protect business owners from the fast-growing threat of information breach and identity theft. Hundreds of insurance companies include our value-added coverages in their business insurance packages. Now, for the first time, you can too. Today, it s a risk to be on par with your competitors. Set your business apart. Offer superior protection and services with HSBetter and broader-than-ever equipment breakdown coverage and our new bundling options. HSBetter Today HSB is better than ever

4 Offer the industry s broadest, most up-to-date equipment breakdown coverage Today, businesses depend more than ever on new technology such as renewable energy equipment and cloud data centers. Yet hi-tech increases the risk of breakdown, and a failure can have greater impact in a more competitive environment. Add pressure to lower costs, boost productivity and increase energy efficiency and it s clear your customers need broad, up-to-date protection. That s why new HSB Freestyle Advantage addresses the latest breakdown risks and provides better incentives to upgrade equipment. There s no equipment breakdown policy available that protects your customers as well, with so much added value. These are the coverage highlights. New and noteworthy Mold covers costs up to $25,000 to repair or replace and clean up or dispose of covered property when mold contamination results from a breakdown; coverage extends to Business Interruption and Extra Expense if included in the policy Anchor Location expands Contingent Business Income coverage to business income loss resulting from a covered accident at an anchor location that attracts customers to an insured location Civil Authority expands Business Income and Extra Expense coverage to include loss resulting from a civil authority denying access to an insured business as a result of a covered breakdown to a business located within one mile HSBetter and broader Environmental, Safety and Efficiency increases coverage from 125% to 150% (at least 25% higher than competitors) for upgrades to equipment we agree is more energy efficient, safer or more environmentally friendly Green Equipment Breakdown pays up to $25,000 in addition to any applicable coverage under Environmental, Safety and Efficiency Improvements Brands and Labels expanded to cover the cost of stamping or removing labels on salvageable, but damaged merchandise Off-Premises Property Damage expands coverage to provide for a breakdown that occurs in any country, where permissible by law

5 Now, you can protect customers against today s information exposures HSB Data Compromise and Identity Recovery are innovative coverages previously available only in package policies from our insurance company partners. Now, you can bundle these coverages with HSB Freestyle Advantage to better protect your customers and differentiate yourself with a higher level of added value. Your customers are data breach targets With fewer protections against data breach than large companies, mid-sized and smaller businesses are more vulnerable and less prepared for the complexity and cost of responding. For instance, the average cost for restoration services is $5,000 to $10,000. Bundled with HSB Freestyle Advantage, HSB Data Compromise is affordable, covers costs to meet breach-related obligations and includes valuable professional help to respond promptly and properly and preserve business relationships and reputation. Highlights of the coverage and restoration services include: Legal review of states obligations for notifying those affected by the breach Forensic help to determine who the breach affected and how to notify them Preparation and production of notification letters A toll-free help line Credit monitoring for persons affected by identity theft Identity restoration case management for identity theft victims The big cost of identity restoration is time Complex, frustrating and timeconsuming, the process of restoring a stolen identity can take an owner s focus off the business. Loans and other activity dependent on the owner s credit may be put on hold, while the restoration process can cost thousands. HSB Identity Recovery coverage not only pays for costs related to restoring credit to pre-theft status, it includes top professional services to help business owners navigate the restoration process faster with less trouble. Highlights of the coverage and restoration services include: Various legal fees caused by an identity theft, including civil and criminal defense Lost wages and childcare/eldercare due to time away from work Access to identity restoration case managers licensed investigators who help victims through the process and can assume much of the work A toll-free help line with identity theft counselors Credit repository reports Fees for reapplying for loans declined due to falsified credit information Postage, phone, shipping, notary and filing fees and other out-of-pocket costs

6 Hartford Steam Boiler One State Street P.O. Box 5024 Hartford, CT Tel.: (800) This summary gives general information. For all coverages, conditions and exclusions, refer to the policy The Hartford Steam Boiler Inspection and Insurance Company. All rights reserved. HSB-055 (Rev. 5/12)