This is a continuous endorsement which provides for increased protection above that offered under the MPCI program. The CEO coverage elected must be at least five percentage points higher than the underlying MPCI coverage level with a maximum election of 85% (i.e. 55, 60, 65, 70, 75, 80, 85). CEO provides increased coverage at the same premium rate as the underlying MPCI coverage. Losses under the CEO program are triggered at the same point as the underlying MPCI.
Green shaded states show availability of this program:
02/04
Note: This summary is for general illustration only. See policy for program details.