Coverage Options
We offer USL&H, State Act, and MEL coverage for waterfront employers.
Coverage Options
We offer USL&H, State Act, and MEL coverage for waterfront employers.
A trusted partner in longshore workers' compensation.
With decades of experience in the maritime industry and a strong commitment to our members, AEU is the leading provider of USL&H to waterfront employers of all sizes. Shipbuilders, ship repairers, marine terminal operators, stevedores, marine contractors and other waterfront employers may apply for ALMA membership through their insurance broker.
USL&H
Coverage
- United States Longshore & Harbor Workers’ Compensation Act
- Defense Base Act
- Outer Continental Shelf Lands Act
- Nonappropriated Fund Instrumentalities Act
Plans Include
- First Dollar/Guaranteed Cost
- Single and Multi-year Programs (1, 2 and 3 years)
- Deductible
Program Highlights
- First Dollar/Guaranteed Cost
- Single and Multi-year Programs (1, 2 and 3 years)
- Loss-Sensitive Plans
- Deductible
- Excess Over Qualified Self-Insurance
Target Classes
- Ship Builders
- Stevedores
- Terminal Operators
- Barge Repairers
- Marine Construction
- Ship Repairers
- Steamship Agents
- Luxury Yacht Builders
- Coal Docks
- Offshore Industries
- Note: A minimum of 10% of the company’s payroll must be USL&H exposure (unless incidental-only). Some additional classes may also have USL&H exposure. See underwriting guidelines for full details.
Advantage Program
Through Advantage by AEU, shipyards, stevedores, and other waterfront businesses can control their USL&H costs through personalized loss control and claims services that most insurance providers only provide to larger policyholders.
Coverage
- United States Longshore & Harbor Workers’ Compensation Act
- Defense Base Act
- Outer Continental Shelf Lands Act
- Nonappropriated Fund Instrumentalities Act
Plans Include
- First Dollar/Guaranteed Cost
- Single and Multi-year Programs (1, 2 and 3 years)
- Deductible
Program Highlights
- Available Nationally
- Minimum Premium: $10,000
- Limits for Federal Acts: Statutory
- Limits for Employer’s Liability: $1,000,000
- Carrier: American Longshore Mutual Association
Target Classes
- Ship Builders
- Stevedores
- Terminal Operators
- Barge Repairers
- Marine Construction
- Ship Repairers
- Steamship Agents
- Luxury Yacht Builders
- Coal Docks
- Offshore Industries
- Note: A minimum of 10% of the company’s payroll must be USL&H exposure (unless incidental-only). Some additional classes may also have USL&H exposure. See underwriting guidelines for full details.
State Act
Target Classes
- Light Manufacturing
- Warehousing
- Engineers/Architects
- Boat Dealers
- Marinas
- Clerical
- Sales
Surveyors
Program Highlights
- Available nationally as a companion coverage to USL&H
- Guaranteed Cost
- Limits for Federal Acts: Statutory
- Limits for Employer’s Liability: $1,000,000
- Minimum Premium - as per filed rates
- Carriers - PMA Insurance Group and Great American Insurance Group
MEL
Coverage
- Maritime Employers' Liability
Plans Include
- Deductible
Program Highlights
- Available nationally
- Offered as a companion coverage to USL&H
- Minimum Premium - $5,000
- Carrier: Great American Insurance Group
Requirements
Submission Requirements
For all accounts:
- Completed and signed ACORD workers' compensation application
- Currently-valued loss runs (five years preferred)*
- Five-year gross payroll history*
- Financials
- Current NCCI Experience Modification Worksheet
*For accounts less than $150,000 in premium, three years of currently-valued loss runs and payroll history may be accepted.
Additional information which will assist in the quoting process:
- Details on large claims
- Explain any changes in operations over the last five years regarding payroll fluctuation or loss history
- Safety programs
American Longshore Mutual Association, Ltd. (ALMA) is FATCA compliant, having made an election under section 953 (d) with the Internal Revenue Service, and is therefore treated as a domestic corporation for U.S. tax purposes. In accordance with the U.S. Internal Revenue Service, ALMA will provide a W-9 as verification of its U.S. tax status.
If you require a W-9 or have any questions regarding FATCA compliance, please contact Jeanette Sander, Director of Credit and Compliance at The American Equity Underwriters, Inc. via phone at 251.690.4249, fax at 251.591.6201, or jeanette.sander@amequity.com.
