Funeral Home PAK

Small Business Insurance with The IMT Group

The Funeral Home PAK on the Wadena BOP provides enhanced and tailored coverages for funeral homes, with the flexibility to increase or add optional coverages to meet the funeral home’s specific needs.  Insuring your funeral home with Wadena Insurance means protection for buildings, business personal property, and liability exposures.  It also includes coverage for business personal property off-premises, signs, newly acquired buildings and personal property, and employee dishonesty. The Funeral Home PAK has all the coverages to keep a business owner worry free! 

Property Coverage

The Funeral Home PAK recognizes the importance of protecting your business’ tangible and intangible assets. Available property coverages include:

  • Buildings
    • Limits automatically increase a minimum of 2% annually
    • Available at replacement cost, actual cash value or functional replacement cost – the choice is yours!
  • Business Personal Property
  • Blanket Coverage
    • Available for buildings, business personal property or combination of building and business personal property
  • Personal Property of Others included in Business Personal Property Limit

Liability Coverage

The increasing number of lawsuits and high costs of legal fees makes it more important than ever in today’s world to have the best liability coverage available. The Wadena BOP understands your concerns and has included the following coverages in its Funeral Home PAK:

  • $300,000 limit for Bodily Injury, Property Damage, and Personal and Advertising Injury.  Higher limits are also available.
  • $5,000 for medical expenses for anyone other than an insured who is injured on your premises regardless of fault.
  • Defense costs are over and above the limits listed in the policy.

In addition, the following coverages are offered for an additional premium:

Pre-Funded Funeral Expense Errors & Omissions Coverage

Do you sell insurance policies that provide coverage for pre-payment of funeral expenses?  Pre-Funded Funeral Expense Errors & Omissions provides protection for negligent acts, errors or omissions that can result from the sale of these policies.

Professional Liability Coverage

Professional Liability Coverage provides coverage for any negligent acts performed by a funeral director, which is more important in today’s world than ever before, as client expect more from professional service providers.  They are quick to allege negligence, misrepresentation, or inaccurate advice when a professional’s performance falls short of their expectations. Cover your back with Professional Liability Coverage!

Coverages designed specifically for a Funeral Home and included in the Funeral Home PAK:

  • Exhumation Expenses
  • Limited Pollution Liability – Embalming Fluids
  • Preservation of Dead Bodies

We would encourage you to find out more about our Funeral PAK by contacting a local insurance agent today!