The Divers Alert Community has launched that it is miles extending its liability insurance coverage for 90 days to aid dive professionals weather the COVID-19 pandemic.
The hump impacts professional, team professionals, and conventional liability policyholders. The extension will apply automatically to all policies stuffed with life on Would possibly maybe well unprejudiced 1st, 2020. So for these who hold a coverage that is stuffed with life for the length of that date, your liability coverage could be extended automatically, and you don’t want to manufacture anything else.
Fresh customers buying insurance are allowed beneath this new initiative to on the inspiration pay 25% of the annual label of the insurance, with the steadiness due in 90 days. Substitute buying team duvet can hold wait on of a third-occasion financing program (within the occasion that they qualify) and could well maybe pay the steadiness in nine month-to-month installments.
Per DAN President and CEO Invoice Ziefle:
“DAN remains committed to doing everything that you would also imagine to aid our business and professional participants be triumphant for the length of these unprecedented cases. We are assured that this program, which is completely backed by DAN, will offer substantive reduction from the monetary stress imposed upon dive companies by the COVID-19 pandemic.”
