CHICAGO--(BUSINESS WIRE)--
CNA recently announced an enhancement to its current coverages for
printers and publishers. The global business insurer has broadened the
scope of coverage available in its Printing and Graphic Imaging (PGI)
program with the addition of the Correction of Work endorsement. Offered
exclusively through CNA’s PGI program, the Correction of Work
endorsement reimburses printers and publishers for expenses arising out
of corrections to their work product.
“As providers of insurance for printers and publishers since 1995, CNA
has developed deep knowledge in this field, leading us to enhance our
program with the creation of this new Correction of Work endorsement,”
said Steve Earley, vice president of Manufacturing, CNA. “This
endorsement represents one more step toward our goal to become the
carrier of choice for manufacturers.”
The Correction of Work endorsement defends and pays third-party claims
that may arise when a printer’s customer chooses to retain a different
printer to correct the work, then sues the original printer for
reimbursement. The endorsement will also reimburse for re-work expenses
incurred to prevent litigation. Expenses include the recall and disposal
of incorrect work, and the redistribution of corrected material.
Printers Errors & Omission coverage must be purchased as a prerequisite
to buying Correction of Work coverage. Limits are available up to
$500,000 per occurrence and $500,000 aggregate.
For more information on CNA’s Printing and Graphic Imaging program and
the Correction of Work endorsement, please contact Fay Kitchin, program
director, CNA, at 312-822-2531.
Serving businesses and professionals since 1897, CNA is the country’s
seventh largest commercial insurance writer and the 13th
largest property and casualty company. CNA’s insurance products include
standard commercial lines, specialty lines, surety, marine and other
property and casualty coverages. CNA's services include risk management,
information services, underwriting, risk control and claims
administration. Please remember that only the relevant insurance policy
can provide the actual terms, coverages, amounts, conditions and
exclusions for an insured. All products may not be available in all
states. CNA is registered trademark of CNA Financial Corporation. For
more information, please visit CNA at www.cna.com.
Source: CNA
Contact:
CNA
Katrina W. Parker, 312/822-5167