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Personal Safeguards Group, LLC
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Personal Safeguards Group, LLC
Contact Us
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Contractual Liability Insurance - Service Contract Reimbursement Insurance

Personal Safeguards Group, LLC specializes in Contractual Liability Insurance Policies (CLIP) and Service Contract Reimbursement Insurance Policies (SCRIP), providing tailored solutions for manufacturers, retailers, and service contract providers nationwide. These programs are essential tools for businesses offering extended warranties or service contracts in industries such as automotive, consumer electronics, jewelry, appliances, fitness equipment, LED lighting, generators, marine, RV, and solar energy systems.

If you work with clients who offer service contracts—such as a car dealership selling extended warranties or a solar panel installer offering long-term service agreements—this program helps them transfer risk and ensure compliance with financial responsibility regulations. Personal Safeguards Group works closely with agents and brokers to evaluate the structure of each service contract program and place appropriate coverage through top-rated insurers.

Ideal Accounts and Appetite

This program is designed for:
  • Manufacturers and retailers offering extended product warranties
  • Administrators of service contract programs
  • Automotive dealerships with vehicle service contract (VSC) programs
  • Providers of warranties on appliances, electronics, jewelry, and more
Whether your client is launching a new service contract program or needs support for an existing portfolio, Personal Safeguards Group can help structure a compliant and sustainable insurance solution.

Coverage Highlights and Advantages

The Contractual Liability Insurance and Service Contract Reimbursement Insurance programs offer:
  • Protection for financial obligations under service contracts and warranties
  • Customizable policy structures based on client needs and program design
  • Support for compliance with regulatory and licensing requirements
  • Access to markets that understand the extended warranty and service contract space
These coverages ensure that your clients’ customers receive the service they’ve been promised—even if your client experiences financial stress.

Underwriting Notes

Underwriting typically considers factors such as:
  • Product type and service contract structure
  • Sales volume and claims history
  • Administrative controls and reserve funding
Personal Safeguards Group will work with you to gather the necessary documentation and program details to evaluate the risk and present it to appropriate markets. This is a non-admitted program, which allows for flexibility in policy structuring depending on the client's needs.

Territories and Availability

This program is available in most U.S. states, including but not limited to: CA, TX, FL, NY, IL, PA, GA, and WA. Personal Safeguards Group provides nationwide support with the exception of states with unique regulatory challenges, which can be reviewed on a case-by-case basis.

Why Work With Personal Safeguards Group?

With deep expertise in the service contract and warranty space, Personal Safeguards Group is not just a placement partner—they’re a strategic advisor. Their focus on CLIP and SCRIP products means they understand the nuances of these programs and can help you craft competitive and compliant insurance solutions for your clients.

For more information on Service Contract Reimbursement Insurance:
http://www.personalsafeguardsgroup.com/files/SCRIP.html
http://servicecontractreimbursementinsurance.com
https://contractualliabilityinsurance.com

Frequently Asked Questions

What types of accounts are a good fit for this program?

Ideal accounts include manufacturers, retailers, and service contract administrators offering extended warranties for vehicles, electronics, appliances, jewelry, and similar products.

Can this program help a client launch a new service contract offering?

Yes. Personal Safeguards Group can help structure insurance solutions for new service contract programs and ensure regulatory and financial responsibility requirements are addressed.

Is this program admitted or non-admitted?

This is a non-admitted program, allowing for flexible policy design tailored to the needs of service contract providers and administrators.

In which states is this program available?

The program is available in most U.S. states, including CA, TX, FL, NY, GA, IL, and over 40 others. Availability may vary based on regulatory considerations.

Does Personal Safeguards Group help with compliance and program structure?

Yes. They offer advisory support to help ensure your clients’ service contract programs are structured in a compliant and financially sound way.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
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  • Admitted:
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CONTACT INFORMATION

LOCATION

830 W Illinois Route 22
Lake Zurich, IL 60047
847-275-8497
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Personal Safeguards Group, LLC has other insurance programs like Product Warranty Insurance.