Travelers Unveils Wrap+ for Canadian Companies

Travelers is introducing Canadian private companies and non-profit organizations to Wrap+, a management liability policy with comprehensive coverage and flexible options. The scaleable, customized Wrap+ policy suite of coverages is comprised of liability (directors and officers, employment practices, fiduciary and miscellaneous professional), crime, kidnap and ransom and identity fraud expense reimbursement. Wrap+ policyholders may purchase the specific coverage they need now, and add more coverage – seamlessly – as their businesses or organizations grow. Wrap+ is tailored to meet the unique needs of Canadian non-profits and private companies. While a single coverage may satisfy a business’ initial needs, other coverage may be added upon renewal or mid-term as exposures emerge, to create a single, cohesive policy suite. Consistent policy language, terms and conditions within this progressive policy reportedly minimizes gaps and overlaps. A common declarations page for all coverage makes Wrap+ reportedly easy to manage. Wrap+ customers receive local services as well as local claims handling. Wrap+ is currently available from independent brokers located throughout Canada. For more information regarding this product and other products offered by Travelers in Canada, visit www.travelerscanada.ca.