Tag Archives: meramec secure

Meramec Secure Launches Expanded Website Related to Use of a CLIP (Contractual Liability Insurance Policy)

Service Contracts, Limited Warranty, and Specialty Insurance and Service Programs

The site includes example uses for Service Contracts, Limited Warranties, Specialty Programs, and Service Programs, as well as example CLIP structures, profit participation options, and an example rate builder.

A CLIP is a great way to address regulatory and compliance requirements for Service Contracts. OEMs also use CLIPs to transfer risk off their balance sheets for their limited warranty programs. In addition, CLIPs are often an effective method to support service-oriented programs, including certain travel, event, and waiver programs.

View the site at https://contractualliabilityinsurance.com

ContractualLiabilityInsurance.com is a property of © Meramec Secure, Inc.

Boat OEMs Use Product Warranty Insurance to Offer Longer Limited Warranties

Boat OEMs Use Product Warranty Insurance to Offer Longer Limited Warranties During Special Events or Promotions.

For a single, one-time cost, an OEM can extend their limited warranty and retain the original term, transfer the risk for the extended term to a carrier, and eliminate Balance Sheet Exposure.

It’s completely transparent to the customer but makes accounting for variable terms simple.

Contact https://meramecsecure.com for more information.

Meramec Secure Announces New Relationship with a Leading Insurance Platform

Meramec Secure Adds Homeowner and Automobile P&C Insurance Solutions for D2C Home Warranty and Auto Service Contract Sellers

Chicago, IL, February 12, 2024 – Meramec Secure, a nationwide designer and producer of specialty insurance and service contract solutions, has recently announced a new strategic relationship with a leading insurance platform. 

This relationship provides access to products from multiple property and casualty insurance carriers.  It is designed to generate cross-sales of auto and home insurance coverage for direct-to-consumer auto and home service contract shoppers via automated API, warm transfer, or web-based solutions.

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