Company coverage
Company coverage obtains and renews the Company’s insurance policies, from general liability to cyber and directors and officers, sized to its risk.
Company coverage obtains and renews the Company’s insurance, from general liability to errors and omissions, cyber, and directors and officers, sized to its risk.
Contract
| Clause | Terms |
|---|---|
| Starts | Creation, from the Startup Template’s risk profile. A buyer’s certificate request, a first employee or a raise adds coverage. |
| Application | Assembled from facts the Startup holds. An officer signs every representation (Insurance applications). |
| Binding | A licensed producer binds each policy (Licensed acts). |
| Certificates | Issued to a buyer within one business day of the request. |
| While held | Inherited. The Studio-held entity’s program covers the Startup. |
| Records | Each policy as an Agreement, with renewals and claims tracked. |
Verbs
None.
Interfaces
Upstream
api.insure, under an Agreement.
Example
An enterprise buyer of a call-summary API asks for proof of $2,000,000 in cyber coverage before signing. The certificate naming the buyer arrives the next morning, and the deal closes that week.