Product Recall Insurance

Chubb Recall Plus®for the Small Business Owner

  • The perfect coverage for the new or established small business owner.
  • Protects the small business owners balance sheet by reimbursing them for their financial loss.
  • Provides services to help businesses respond quickly and effectively to protect their brand name.

Product recalls are complex for any business, particularly so if you are a small business owner. You can get affordable recall coverage with this solution designed for first-time buyers who need coverage but may be priced out of other market offerings.

Coverage Highlights

Recall Plus for Small Business

  • Component Parts – Target risks are component parts which are used in the general manufacturing, electronic, medical device, automotive and aviation industry.
  • Consumer Goods — Target risks are finished products in the areas of appliances, electronics/electrical, clothes, furniture, household, children’s products, outdoor goods and products, sports/exercise equipment and products, etc.
  • Consumable Products — Target industries are food & beverage companies, cosmetics, and pharmaceuticals.


Basic, Standard and Enhanced Small Business Package options are available and include one or all of the following:

  • Loss of Gross Profit
  • Replacement Costs
  • Governmental Recall
  • Adverse Publicity
  • Rehabilitation Expenses
  • Extra Expenses
  • Extortion Costs
  • Customer Loss of Gross Profit
  • 12 Month Retro Date

NEW! Specialized Businesses, should have Specialized Consultants

Small businesses have 24/7 access to product recall consultants on a post-incident basis allowing the small business owner to have a business partner who knows the pitfalls/implications of recalls and essential coverage in one package.  Our specialized group of experts knows the regulatory challenges and product safety rules first hand:

Submission Requirements

  • Chubb’s Small Business Application Form and Supporting Documents
  • Copy of Recall and Traceability Program
  • Copy of Quality Control Manual (incl. Standard Operating Procedures/Sanitation Standard Operating Procedures and Good Manufacturing Practices)
  • 5 year Loss History

Chubb Recall Plus Highlights

  • Protects balance sheet and brand name
  • Combines traditional insurance with consulting services
  • Gives the ability to customize and tailor coverage to the insured needs
  • Covering businesses with sales to $10M
  • $1,000 Minimum Premium
  • Minimum SIR of $5,000
  • Limits $50,000 to $1 million
  • Highly skilled underwriting expertise
  • The Chubb Difference - financial strength: rated AA- by Standard & Poor's and A++ by A.M. Best