If your business involves mobile assets critical to its success, it makes sense to insure them against damage or loss. Chubb's comprehensive General Property Insurance policy ensures that these assets – from trade tools and computers to vehicles – are adequately covered. By also covering expenses necessarily incurred as a result, you can get on with business with minimum impact.
General Property Coverage Highlights
Chubb’s General Property Package policy includes four core covers:
Section 1 - Material Damage – Static Covers mobile assets whilst static – ability to offer worldwide cover*.
Section 2 - Material Damage – Transit Covers mobile assets whilst in transit – ability to offer worldwide cover*.
Section 3 - Hired in Equipment Covers Hired in Equipment which the insured is legally liable to insure.
Section 4 - Increased Costs of Working Covers additional expenditure necessarily and reasonably incurred following insured damage under Section 1 or 2
Chubb targets schedules greater than $1m in value for a wide variety of mobile assets, including: