Why a Beltex Policy?
A Beltex policy is issued by Spinnaker Insurance, established in 2015, and with an A- (Excellent) financial rating by AM Best.
Admitted policy - admitted (vs non-admitted) policies are subject to stricter regulation and provide more standardized coverage. If the admitted insurance company fails, the state’s insurance fund will help make payments on claims if needed. (source)
Beltex will be available and fully licensed in all 50 US states (currently pending for AK, CA, FL, GA, MA, MS, NM, NY)
Businesses up to $100m/yr revenue are eligible for coverage, with a $1mm aggregate standard limit (up to $3mm coverage available by contacting [email protected])