General Property Package Insurance
For some businesses mobile assets are critical for the successful running of their business.
Our comprehensive policy ensures that these assets – from trade tools and computers to vehicles – are adequately protected. By also covering expenses necessarily incurred as a result, you can get on with business with minimum impact.
What it covers
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
* Subject to sanctions.
Market specialisation
Chubb targets schedules greater than $1 million in value for a wide variety of mobile assets, including:
- Mobile electronic
- Mobile medical
- Survey equipment
- Tools of trade
- Light machinery (not self-propelled)
- Theatrical
- Exhibitions
Insurance is issued and underwritten by Chubb Insurance New Zealand Limited NZBN 9429040398037, FSP No. 35924 (Chubb). Please review the relevant policy wording to understand the terms, conditions, limits, and exclusions to decide if the product is suitable for you. Any information provided is general information about our insurance product and not financial advice.
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