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Customarq Classic Package Insurance

Chubb is the fourth largest writer of package policies in the United States. Chubb’s hallmark product, Customarq Classic, offers property and liability insurance protection with features that respond to 21st century issues. Customarq Classic sets the industry standard with its modular format and range of options. This greater flexibility allows customers, producers and underwriters to work together to design a package insurance program that meets individual company needs. That is why companies of all sizes – from local entrepreneurs to Fortune 1000 corporations – count on Chubb to meet their package insurance needs.

Property features include a $500,000 automatic blanket limit of insurance for selected property coverages that allows insurance dollars to be used where they are needed most following a loss. Broad “all-risk” perils, automatic limits for many property exposures and a flexible valuation approach make Customarq Classic the product of choice.

Business income insurance in Customarq Classic automatically includes the same perils as property with an unlimited period of indemnity, so protection extends for as long as it takes to restore the business to the level that would have existed had no loss occurred.

General liability insurance affords primary protection for bodily injury, property damage, advertising injury and personal injury to a third party for which a company is liable. Vendors, lessors of premises, lessors of leased equipment and employees are automatically includes as insureds.

With Customarq's global extension, a company’s overseas operations receive the same quality protection provided in the domestic program. Chubb can insure domestic and foreign exposures, including protection against differences in conditions / differences in limits contained in policies issued in a foreign country.

Additional Information


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