Property & Liability Program

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NBISCO offers a complete line of property and liability insurance products for Nebraska banks.  Strong relationships with Travelers, FinSecure, Employers Mutual and Zurich allow NBISCO to offer competitive insurance products specially crafted to address the needs of banks.  Opportunities to earn a dividend, specialized coverage forms, and expertise in protecting banks help to make NBISCO an excellent choice for your bank.  Additionally, our relationship with Lee & Mason gives us access to superior products and service to protect your loan collateral including Lenders Single Interest and Mortgage Protection coverages.

Coverage:  Broadened definition, fewer exclusions, increased supplemental limits, and additional coverage enhancements as compared with standard insurance contracts.

Pricing:  Our markets position themselves to assure competitive pricing.

Dividend:  A percentage of premiums earned may be returned to the bank in the form of a dividend if the respective group of participating financial institutions have an acceptable loss ratio.

Risk Management:  Our staff will work with you to help evaluate exposures to loss and explore options that best meet your needs.  Safety information is available to assist you in reducing loss frequency and severity.

Insurer:  Travelers, FinSecure, Employers Mutual and Zurich, all rated A (Excellent) by A.M. Best, are leaders in providing insurance for financial institutions.  Lee & Mason represents several collateral protection insurers, including Lloyds of London, with financial ratings ranging from A- (Excellent) to A+ (Superior).

Compare Protection

Automatic coverage for glass, signs, ATMs, and computers including data and media.  No exclusions for sewer backup, surface water, electrical arcing, and mechanical breakdown.

Automatic Minimums
(Per Location)

Ease of Providing Coverage Unique
to Financial Institutions

$125,000 to $300,000 for extra expense coverage per bank location Occurrence limit for damage to real property in your control provided on "special causes of loss" basis
$100,000 to 1,000,000 for building ordinance Collateral protection coverages
$25,000 for data and media Repossessed automobile and equipment liability and physical damage coverage
$25,000 for valuable papers Other real estate owned property including liability coverage
$25,000 for fine arts Force placed real property coverage
$25,000 for property away from a described location, including transit Trust department liability

$10,000 for premises medical payments

Leasing contingent liability


Other Coverage Options


Employee benefit liability
Our commitment is to provide superior service to NBA members.


For More Information Contact:

Bill Smythe
Vice President, Marketing, NBISCO

Nebraska Bankers Association / 233 South 13th Street, Suite 700 / PO Box 80008 / Lincoln, NE 68501-0008