Customarq for Broadcasters

For more than two decades, Chubb has been on the same wavelength as broadcasters, helping them stay on the air. We understand why it is so important for broadcasters to properly insure towers and antennas, mobile broadcasting equipment, broadcast media library, telephone equipment and electronic data processing equipment protection. Over the years, we have fine-tuned our Customarq for Broadcasters package policy to respond to the broadcasters’ changing needs.

Endorsed by the Media Financial Management Association (MFM), Customarq for Broadcasters package product provides specialized property insurance protection for towers and antennas, mobile broadcasting equipment, broadcast media libraries, electronic data processing equipment and special events. Customarq also includes general liability insurance to address the liability exposures faced by broadcasters.

Automatic $250,000 Blanket Limit for Property Coverages

This blanket limit allows a broadcaster to use insurance dollars where they are needed most following a loss. It applies to the following property coverages:

Accounts Receivable
EDP Media
Fine Arts
Outdoor Trees, Shrubs, Plants or Lawns
Personal Property of Employees
Public Safety Service Charges
Research and Development Materials
Valuable Papers

Additional Property Features

Key personal property is protected on a functional replacement cost basis, such as studio equipment, transmitting equipment and head-end facility equipment, as well as:

Towers and antennas – including satellite earth stations, fencing, foundations, guy wires, anchors, lighting and any other permanent attachments to the tower.
Mobile broadcasting equipment — including any equipment installed in a mobile unit (except the vehicle itself) as well as microphones , cameras and other portable equipment that enables you to transmit from remote sites.
Media library—including negatives, photographs, compact discs, video, recorded commercials, historic or one-of a-kind recordings, and rare footage. Includes cost to recreate commercials, reshoot slides, etc.
Telephone equipment — including an automatic limit of $50,000 for loss of utilities.

Business Interruption

Pays for lost income and continuing expenses resulting from an insured property loss for an unlimited period of restoration (up to the limits of your policy)
Considers Arbitron and Nielsen ratings when settling a loss

Global Extension

Automatically insures differences in conditions or differences in limits that might exist in local (admitted) insurance contracts in countries where broadcasters do business.
Can write the primary insurance either through Chubb companies or correspondents overseas.

General Liability

Broad “who is an insured” provision.
Automatically includes employees (including leased workers), vendors, lessors of premises, lessors of leased equipment and volunteers as insureds.

Special events

Protects broadcasters from the liability that can arise out of promotional and charity events such as concerts, sports tournaments and celebrity autograph sessions.

Additional Products

Chubb offers a full complement of additional products to meet the insurance needs of broadcasters. These include:

Commercial Automobile
Workers Compensation
Excess and Umbrella liability
Environmental Liability
Event Cancellation
Media Professional Liability

Service and Strength

Chubb delivers more than solid insurance products. We support our customers through our renowned services, extensive global network and financial strength.

Chubb's reputation for outstanding service is built on a consistent track record of performance by its global network of loss control and claim professionals. Our loss control professionals are experienced in making risk assessments and proposing practical remediation to help mitigate or prevent losses. Should a loss occur, our exceptional claim service is available anytime/anywhere in more than 140 languages through a toll-free number or via the Internet.

Our financial strength continues to earn high ratings from A.M. Best, Standard & Poor’s and Moody’s, leading evaluators of insurance companies. Financial strength, combined with our underwriting expertise and claim service, means you can count on Chubb to be there when you need us most.

Additional Information

Learn more about:

Chubb's products - Please contact your insurance agent or broker; use our Find an Agent tool to locate an agent or broker near you.
Claims - Please go to Chubb's Claims Services.
Chubb's press releases, awards, advertising and more - Please go to About Chubb.