This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ACE Offers New Coverage For Educators And Students Traveling Internationally

The ACE Group today announced that it has expanded its International Advantage ® insurance product to offer enhanced coverages for the unique risks faced by Higher Education clients whose employees, students and volunteers travel internationally. According to The National Center for Education Statistics, there are nearly 5,000 degree-granting institutions in the U.S. which, together, have more than 300,000 students studying abroad each year. That number increases dramatically when you include the more than 30,000 secondary schools with students traveling overseas. i The new comprehensive foreign package offering -- ACE Educators International Advantage ® Edge -- has been developed to address the coverage needs of the large number of institutions sponsoring international study and travel programs.

“Administrators and academics have responded to the globalization of industry and commerce by designing coursework to help students understand, navigate and thrive in a global economy,” said Tim Benson, Senior Vice President, ACE Multinational Client Group. “ACE is continuously looking for ways to assist this key industry with its increased coverage needs, and our goal in adding this new coverage is to help provide protection and mitigate international travel risks for educators, students, and their chaperones studying abroad.”

“ACE’s newly-enhanced coverage for the education industry brings the Advantage policy to a new level. This coverage allows us to offer an ideal insurance product for risks that range from simple trip travel exposures to complex, multinational exposures -- all of which may be faced by educators providing coursework that will ultimately help their students become competitive in the global marketplace,” said, Bryan Tedford, Senior Vice President, ACE Foreign Casualty.

The ACE Educators International Advantage ® Edge product provides single-point access to several key coverage enhancements not typically provided by other foreign package markets including:

  • General Liability
    • Expanded Definition of Employee to include Board Members, Trustees and Student Teachers traveling abroad on behalf of the school or educational institution
    • Knowledge of Occurrence to include expanded time reporting requirement for losses incurred overseas
  • Business Personal Property
    • Includes the Property of the Insured as well as Property in their custody while traveling internationally
  • General Liability & Contingent Auto Liability
    • Blanket Additional insured endorsement added to automatically extend coverage to additional insureds (from sister school to school consortiums to third parties)

ACE’s international casualty product suite offers insurance solutions for U.S.-based companies and organizations of all sizes that have operations or employees who travel outside the U.S. Offerings range from simple package policies to complex multinational programs with sophisticated risk transfer options. For more information about these products, including ACE Accountants & Lawyers International Advantage Edge, The ACE Business Consultants International Advantage Edge, and The ACE Architects & Engineers International Advantage Edge, please visit our website, or contact Tim Benson at timothy.benson@acegroup.com or 302-476-6343.

ACE Educators International Advantage ® Edge is offered through ACE USA and ACE Commercial Risk Services. ACE Commercial Risk Services is an operation within the ACE Group that is dedicated to providing specialty insurance products that offer solutions for small business insurance needs in North America. ACE Commercial Risk Services offers its products through retail agents and brokers, wholesale brokers and wholesale producers, program agents and other alternative distribution models. Additional information can be found at www.acecrs.com.

ACE USA is the retail-focused operations of the ACE Group. The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.

Insurance is provided by insurance companies within the ACE Group or its allied distribution associates. All products may not be available in all jurisdictions. The product information above is a summary only. The insurance policy actually issued contains the terms and limits of the contract.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,531.61 -31.69 -0.19%
S&P 500 1,931.26 +0.59 0.03%
NASDAQ 4,363.6250 -6.1480 -0.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs