The Pinnacle Policy
Multi-peril property and liability insurance
The Pinnacle Policy is multi-peril property and liability insurance especially designed for Episcopal churches and church institutions, and underwritten by the Church Insurance Companies.
You may insure your buildings and contents for the cost of repairing damage to property, replacing it, or for the actual cash value of what's lost.
This policy also protects your church against liability in its operations and activities, as well as functions the church sponsors on or off its property.
Most churches choose an extended all risk policy that significantly expands coverage to automatically include:
- stained glass windows and art objects
- organs, carillons, and bells
- altarware
- and any other object of fine art
The policy covers losses from:
- burglary and theft, up to the policy limit
- glass breakage, without limitation
- flood and other forms of water damage. (Most policies exclude this coverage.)
- landslide, mud flow and earth movement not caused by earthquake
- system breakdown
Liability protection
Liability coverage includes personal injury protection covering libel, slander and invasion of the right of private occupancy, as well as mental anguish and mental injury arising out of bodily injury.
In addition, your church may purchase protection against sexual misconduct suits covering up to $1 million per occurrence, with $2 million total coverage for all occurrences.
The Pinnacle policy also protects against liability for:
- legal obligations for fire and water damage
- advertising
- incidental medical malpractice
- pastoral counseling
- cemetery (including columbaria)
- teachers, including corporal punishment
- host liquor
- products
- employee benefits liability
- directors' and officers' liability
The Pinnacle Policy provides medical payments when a person is physically injured in a church activity or because of a condition on the property. The policy covers all reasonable expenses for medical, surgical and dental services within two years of the date of the injury. Volunteer workers are automatically covered, including any maintenance, repair, or construction work they perform on church premises.
Independent Appraisal Services
To select appropriate coverage, it's essential to know the value of your property and the specific risks you face.
Evaluating Risk
With experts from an independent engineering service, we can evaluate your institution's risks and suggest steps to prevent or reduce losses.