Precision Magazine January / February 2011

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AIX Group | A Member of The Hanover Insurance Group

Insurance protection beyond the nuts & bolts. As a contract manufacturer, your work product may be in various stages of completion or may be at one of your subcontractors for processing. Is your current insurance coverage designed to adequately meet these and other scenarios? The National Tooling and Machining Association has a countrywide insurance program that will meet your specific requirements, designed by experts who really know your business. The NTMA Insurance Program writes Property, Equipment Breakdown, Inland Marine, Crime, General Liability, Commercial Automobile, Umbrella, and Workers Compensation.

Coverage Highlights: U An extensive property endorsement tailored to meet the coverage needs of NTMA members. Coverage considers the following exposures: – What happens if your work product is damaged while being processed by a subcontractor? – Do you have coverage for your work product while it is away from your shop? – Do you have coverage while the work product is in transport? – What happens if the work product is damaged prior to delivery?

Did you know that Employee Practices Liability lawsuits are on the rise? Your standard General Liability policy doesn’t offer protection against these losses. The NTMA Insurance Program has access to Employee Practices Liability Insurance through its association with The Hanover Insurance Group. Employment Practices Liability policy protects businesses from these types of losses:

– What happens if there is a loss to the stock and the price of materials has changed?

UÊ 7À }vÕ Ê` Ã ÃÃ> ]Ê` ÃV >À}iÊ ÀÊÌiÀ >Ì Ê of employment

– Are you covered for all of the losses that may happen? Temperature change?

UÊ Ài>V Ê vÊ> Ê « i`ÊV ÌÀ>VÌÊ ÀÊ>}Àii i ÌÊ relating to employment

U Ability to waive Aviation Exclusion on General Liability Coverage for NTMA Members U General Liability Coverage Enhancement available to help minimize exposures when working with multiple customers.

UÊ 7À }vÕ Êv> ÕÀiÊÌ Êi « ÞÊ ÀÊ«À Ìi UÊ « Þ i ÌÊÀi >Ìi`ÊÜÀ }vÕ Ê` ÃV « i UÊ -iÝÕ> Ê ÀÊ Ì iÀÊÜ À « >ViÊ >À>ÃÃ i ÌÊ vÊ> ÞÊ ` UÊ « Þ i ÌÊ` ÃVÀ >Ì

U Auto Liability Coverage Enhancement also available to broaden your Commercial Automobile coverage

Get the right coverage today! Contact an NTMA representative, your insurance agent, or an AIX Group Program Manager. AIX Group Program Manager , LiÀÌÊ >} ÊÊUÊÊnÈä°Ènΰ nÈnÊ ÀiVÌÊÊUÊÊÀ}>} J> Ý}À Õ«°V The NTMA Insurance Program is a guarantee cost program. Coverage is written by Nova Casualty Company, AM Best Rated A XIV. Nova Casualty Company is a member of The Hanover Insurance Group. Underwriting is provided by AIX Group, Inc. Employment Practices Liability Policies are underwritten by The Hanover Insurance Company and its affiliated companies. LC 11-34

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