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Customarq
is Chubb's Package product which offers outstanding flexibility
and value. With three levels of coverage (Classic, Limited,
and Essential) and a modular approach, this product can be
tailored to a perfect fit with your property and liability exposures.
Customarq Classic is the top-of-the-line product and offers
an unparalleled breadth of insurance protection. Highlights of Customarq
Classic include:
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Chubb
introduced the concept of a blanket
limit for property coverage extensions
and this remains a key feature of
the Classic product. With a
blanket limit per location of $250,000
for EDP, consequential loss, extra
expense, valuable papers, and other
important coverages, you can apply
the limit where it is needed at the
time of loss.
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Features
designed for today's technology exposures
such as $25,000 loss of income and
extra expense for disruption of Internet
service.
- Internet
enabled claim reporting and first class
evaluation and loss control services.
- Combined
computer and business property definition
eliminates coverage questions for computer-aided
equipment and closes the gap often found
for computer-related loss of income.
- Industry
leading business income coverage including
worldwide dependent properties, new product
delay, loss of utility service, computer
viruses, and contract penalties. Also,
the period of restoration includes the
time required to restore your business
to previous income levels with no time
restriction. This broad coverage is backed
by some of the industry's top experts
in the evaluation of business income exposures
and adjustment of losses for technology
firms.
- High
built-in limits for property coverages
important to technology firms including
$50,000 for EDP off-premises or in transit.
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Causes
of loss broadened to include electrical
damage, mechanical breakdown, back
up of drains, seepage of underground
water, marring and scratching and
temperature change.
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Property
valuation features include cost of
replacement at the same or another
site, functional replacement cost,
customs duties, extended warranties,
brands & labels, and undamaged tenants’
improvements and betterments.
- With
the available global coverage extension,
coverage can easily be extended to cover
international exposures. Backed by 110
offices in more than 30 countries, Chubb
is a leader in international insurance.
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Modular
style coverage options include errors
and omissions, employee benefits,
and stop gap coverage.
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Chubb
can complement the Customarq with
a full range of other commercial insurance
coverages including Automobile, Workers
Compensation, Umbrella, Crime, and
Directors and Officers Liability.
Founded
in 1882, The Chubb Group of Insurance Companies is today
one of the 15 largest insurance organizations in the world. Chubb
consistently receives the highest industry rankings for financial
stability and customer satisfaction. One of the first carriers to
develop products specifically for technology firms, the Chubb Technology
Group today continues to lead the industry with innovative products
and worldwide service excellence.
We
invite you to contact
us for more information about insurance from technology companies
from Chubb.
©
1999
- 2003 Horenberg Insurance Services, Inc.
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