Chubb’s package policy provides cover for a wide range of mobile plant and equipment types across multiple industries. Offering insurance protection for material damage and increased costs of working, among other benefits.
We have a strong focus on the following industries:
Chubb will also consider the following industries:
In addition to a comprehensive level of additional covers, our mobile plant & equipment insurance policy also includes the following features in the material damage section of our wording:
Basis of Settlement
- Replacement value on machines less than 24 months old and market value for machines over 24 months (subject to sum insured).
Traditional mobile plant and equipment products typically only allow for market value as the basis of settlement regardless of the machines age, but with Chubb’s mobile plant product, the insured is able to obtain a new machine for their machines less than 24 months old which are involved in a total loss scenario.
Chubb has a long-standing history of providing insurance solutions for mobile plant and equipment. In fact, we provide insurance programmes for some of the world’s leading plant and equipment manufacturers and distributors. Here are some key advantages of choosing Chubb:
Global reputation
As a world leader in insurance, Chubb brings unmatched expertise and financial strength to provide comprehensive coverage.
Our focused underwriting approach enables us to provide consistent and competitive terms in our chosen segments, all backed by our:
Chubb only provides general advice and does not consider your objectives, financial situation or needs. To decide if this product is right for you and to obtain a copy of the Expatriate Insurance Policy Wording and Product Disclosure Statement (PDS), contact a Chubb Independent or Global Broker Unit representative today.
Have a question or need more information?
Contact us to find out how we can help you get covered against potential risks