Securing true peace of mind

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Securing true peace of mind

It’s an apparent paradox – more affluent homes have greater security, yet the potential for burglars to enter a property may be greater owing to the actions of the homeowner themselves.

Burglary is one of the most frequent property claims reported by Chubb private clients. And in the last ten years, cases of burglars entering a UK property by pushing past the owner (and therefore not triggering the security alarm) have increased by 5%. Such home invasions are leading to more thefts, and more worryingly, more injuries as homeowners attempt to defend their property.

Chubb pioneered the inclusion of aggravated burglary cover in its UK home policy, in 2004.  Along with other ‘family protection’ covers, including stalking, car-jacking and identity theft, Chubb automatically includes this cover as part of its household product portfolio.

Usually, insurers just pay claims for lost or damaged possessions. However, Chubb knows that its clients aren't just concerned about the damage to their physical belongings. They're concerned about the threats that affect them and their families.  The emotional impact can be devastating and potentially more damaging than any physical injuries. To help homeowners recover from these sometimes life-changing incidents, the Chubb policy provides cover for psychiatric counselling and also extends to covering expenses associated with recuperation such as spending time at a specialist clinic.

Which policies have the cover?

It’s automatically included within a Chubb home policy – Initial, Masterpiece and Signature.

Who could benefit from the cover?

  • All homeowners. As a general rule, the more wealthy the owner, the more likely they are to be targeted
  • Remote rural homes are particularly at risk
  • The policy covers the homeowner, family and occupants at the time of the incident

Summary of aggravated burglary cover

Chubb’s home policies include the following generous limits, per person:

  • Accidental death/loss of limb, sight, speech or hearing  - up to £100,000
  • Medical expenses – up to £25,000
  • Psychiatric counselling expenses – up to £25,000
  • Security improvements – up to £10,000
  • Security guards – up to £10,000
  • Temporary relocation – up to £10,000
  • Rest and recuperation expenses – up to £5,000

Read and share! Find out more about the steps your clients can take to help prevent an aggravated burglary claim.

For more information about our aggravated burglary cover, please contact Alan Gorman.

Building on strong foundations

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Renovating a property can be hugely rewarding, both personally and financially. Whether it’s altering the internal footprint of a building to enhance its layout, or building large extensions to accommodate car collections or other passion assets, the whole process is not without its risks.

Building on strong foundations
A view from Tara Parchment. Vice President, Personal Risk Services, UK and Ireland

Tara Parchment.
‘It chose me!,’ Parchment says when asked how she had started her insurance career. But after twenty years of working for Chubb, she is still enthused by her role and has no regrets in building a strong career in the industry.

A view from Tara Parchment. Vice President, Personal Risk Services, UK and Ireland
Chubb’s Attack and Salvage plan

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Contingency planning is vital in minimising the potential for disaster. We believe our job is as much about the protection of our client’s irreplaceable assets as the compensation for their loss.

Chubb’s Attack and Salvage plan
What’s in a claim: bringing our claims service to life

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When arranging insurance, your high net worth clients are buying a promise. A promise that the policy will respond in the right way when they make a claim.

What’s in a claim: bringing our claims service to life
About Chubb

Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.

The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.