As you are likely aware, Cyber Plus from Frankenmuth Insurance is now available. Since this new coverage went live on March 1st, we have received a number of favorable comments and even a few questions. One of the most frequent involves the process of adding Cyber Plus at renewal:
Q: Our agency wants to add Cyber Plus to all accounts as they come up for renewal. What information is needed?
A: For limits of $50,000 or $100,000 please provide
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Limit of Liability
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Insured’s annual sales ( a rounded figure is adequate)
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Indication of whether the insured has had any data breach, or other cyber security type incidents in the past three years. If yes, tell us about the event
For limits of $250,000 or greater, send us a completed and signed application FM-1737 (see example in the link below).
We also have several Marketing Tools just for your use in promoting Cyber Plus.
First, a Renewal letter will appear in iBIS 120 days in advance of expiration for potentially eligible accounts. We encourage you to transfer this letter to your agency’s letterhead, and send it to your clients. You may also wish to customize this letter with your own personal touch.
We have also recently created a single page marketing information flier for your use. This document can be customized with your name and agency information. See the Marketing Materials menu option on the Agency Services portion of our website to access this useful tool. An example is also included in the link below.
Cyber Plus Sell Sheet (Frankenmuth).pdf (800.91 kb)
