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Comprehensive Church Insurance Coverage: Cornerstone Plus Program

The Cornerstone Plus Program offers specialized insurance for churches, ensuring a robust protection plan that includes property, liability, crime, inland marine, life, equipment breakdown, workers' compensation, and umbrella coverage. Key features encompass property damage from various perils, extensive liability coverage for members, employees, and volunteers, and robust crime protection against theft and dishonesty. With additional options like group life coverage and equipment breakdown protection, Cornerstone Plus guarantees peace of mind for your church community.

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Comprehensive Church Insurance Coverage: Cornerstone Plus Program

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  1. CORNERSTONE PLUS

  2. Your Program of Protection Should Include: • Property • Liability • Crime • Inland Marine

  3. Your Program of Protection Should Include: • Life • Equipment Breakdown • Workers’ Comp • Umbrella. • Business Auto

  4. Property Coverage Basic Form: • Fire • Lightning • Explosion • Windstorm or hail • Smoke • Sprinkler leakage

  5. Property Coverage Basic Form: • Vandalism • Riot or civil commotion • Aircraft or vehicles • Sinkhole collapse • Volcanic action

  6. Property Coverage Broad Form: Includes all basic form perils, plus: • Falling objects • Water damage • Building collapse • Glass breakage • Weight of snow, ice or sleet

  7. Property Coverage Special Form: • Includes all Basic and Broad Form perils, plus any cause of loss NOT specifically excluded

  8. Property Coverage Special Form Examples: • Kitchen damage due to appliance failure • Theft of church contents from premises • Theft, or damage to building from attempted theft. • Damage from acid/chemical spills

  9. Property - Extensions • Newly acquired property • Personal property of others • Valuable papers and records • Property off premises • Appurtenant structures

  10. Property - Extensions • Property in the open • Outdoor trees, shrubs, plants, and lawns • Signs • Indirect loss • Fire department service charge

  11. Property - Extensions • Debris removal • Lock replacement • Anti-arson reward • Sewer/drain backup • Ordinance or law • Automatic fire suppression recharge

  12. Property - Extensions • Awnings, canopies, fire extinguishers, refrigerated products • Pollutant cleanup • Church fidelity bond • Vacant staff dwelling

  13. Property - Options • Replacement cost • No deduction for depreciation on covered property losses • Agreed value No coinsurance penalty at time of loss

  14. Liability Coverage Includes: • Church members, employees, officials, and volunteers acting on behalf of church • World-wide coverage • Damage to property of others

  15. Liability Coverage Includes: • Advertising/personal injury • Newly acquired organizations • Legal liability • Clergy and lay counseling coverage

  16. Liability Coverage Medical payments: • Pays ALL reasonable medical expenses of church, regardless of liability • Covers members, guests and volunteers • Primary coverage on or off premises • Excess coverage for athletic activities • Loss of Life

  17. Liability - Optional Coverage • Directors, officers and trustees • Hired and non-owned auto • Sexual misconduct • Employee benefits • Day/nursery/student medical • Corporal punishment

  18. Crime • Church theft: • Provides blanket coverage including money and securities • Include double money coverage for four days of your choice

  19. Crime • Employee dishonesty • Provides coverage for dishonest acts of officers, ministers and duly appointed or elected officials • Forgery and alteration

  20. Inland Marine • Musical instruments • Fine art • Data processing equipment • Maintenance equipment • Minster’s business property • Signs • Scheduled property

  21. Equipment Breakdown Common exposures: • Cast iron heating boilers: • subject to burning, cracking • Air conditioning systems: • susceptible to burnout

  22. Equipment Breakdown Common exposures • Electrical wiring, circuit breakers and switches subject to overload • Communication equipment susceptible to power surges

  23. Special Policies Available • Workers' compensation • Pays benefits to employees as required by state law • Provides protection for lawsuits brought by employees

  24. Special Policies Available • Umbrella • Provides excess limits of liability when underlying limits are exhausted • Provides primary coverage for many losses not covered by an underlying policy

  25. Special Policies Available • Business auto • Provides liability and physical damage coverage for church-owned vehicles

  26. Group Life Coverage for church employees • 2-year rate guarantee • Death benefit from $10,000 to $250,000 • No medical exams

  27. Group Life Coverage for church employees • Seat belt rider • Accelerated death benefit • Charitable contribution benefit

  28. Why Choose GuideOne? • America's leading specialty insurer of churches • 50 years of making a difference • Excellent ratings and denominational endorsements

  29. Why Choose GuideOne? • Claims offices coast-to-coast; catastrophe teams on call • Loss control services available • Over 3,000 professionally trained agents serving their local communities

  30. Cornerstone Plus

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