FM Global launches “Risk Improvement” endorsements

FM Global has introduced Sustainability Select, a two-part coverage endorsement to its all-risk FM Global Advantage Policy.
The Risk Improvement Coverage Endorsement allows clients to improve the “risk quality” at the location where the loss occurred, an FM Global release says.
For example, if a building burns down, and it didn’t have a sprinkler system prior to the loss, the endorsement would provide the coverage to add a sprinkler system when fixing/rebuilding the property.
The Green Coverage Endorsement allows clients to “more easily upgrade physically damaged portions of a facility utilizing ‘green’ materials and practices,” the release continues.
The coverage can be purchases separately or together. Both are available on a location-by-location basis.