Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
Fort Wayne, Ind., June 17, 2014: K&K Insurance Group, Inc., a subsidiary of Aon plc (NYSE:AON), today announced a new program with enhanced coverage options for bowling facilities.
The bowling center program provides coverage for bowling operations and associated exposures, including arcade/video games, food concessions, liquor exposure, bars/lounges, restaurants, special events and tournaments. Premium is based on gross receipts and offers competitive pricing for facilities depending upon individual exposures.
In addition to property, general liability, inland marine, crime, commercial auto, liquor liability and excess liability, workers’ compensation is now available in select states. Limits of up to $25,000,000 are offered with no aggregate. Minimum premium for the bowling center program is $10,000 and it is offered in all states except New York. Admitted coverage is provided through a carrier rated A+ (Superior) by A.M. Best Company. Applications are available on the K&K website at www.kandkinsurance.com.
"K&K is excited to offer expanded coverage developed specifically for the bowling industry,” said Todd Bixler, CEO of K&K Insurance. “K&K has been a resource for recreational facility coverage for many years and this new program is an extension of our commitment to the sports and leisure industry.”.
In addition to coverage for bowling center operations, K&K offers a variety of insurance programs for professional and amateur sports, leisure, entertainment, recreational and motorsports organizations.
For more information, call K&K Insurance at 800-440-5580 or visit www.kandkinsurance.com for applications.
About K&K Insurance Group, Inc.
K&K Insurance Group, Inc., a subsidiary of Aon plc, is a managing general underwriter offering insurance products and services to the sports, motorsports, recreation, leisure and entertainment industries.
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon’s global partnership and shirt sponsorship with Manchester United.
For Immediate Release