Benefits

Business Insurance

ACEC Business Insurance Trust (BIT) oversees a program that provides business and professional liability insurance coverage for participating ACEC member firms. The program offers policyholders ACEC-exclusive tailored coverage along with broad policy terms and conditions. Program coverage includes automobile liability and physical damage; workers' compensation; and the "Spectrum" package policy affording protection for buildings, business personal property, money and securities, business liability, equipment breakdown, drones, cyber security, computers and media. Catastrophe liability protection is available through umbrella coverage. The business insurance plan underwriter is The Hartford. The plan administrator is Greyling, a division of EPIC.

The Trust has authorized the administrator to work with member firms to help them determine the most appropriate professional liability coverage available to them. Neither ACEC nor the Trust endorses any one PLI provider. Rather, the objective is to offer a choice of providers for PLI coverage. Under the Deductible Assistance Program, the BIT may be able to defray all or part of your firm’s deductible for automobile or property claims if you are an ACEC member in good standing and participate in the BIT program. Once your claim is submitted and processed by the Hartford, you can request the return of your deductible amount up to $1,000 per claim. Click here to download the form needed to request deductible assistance from the BIT for processed property and auto claims.

Further information about the ACEC BIT Program can be obtained by visiting the BIT’s website at the following address:

ACEC BIT
www.acecbit.org

 

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