Boat InsuranceInsurance

Chubb Commercial Marine Insurance

Chubb Commercial Marine Insurance

As your U.S. business expands to the global market, the risk you face in transporting goods increases exponentially. Chubb’s innovative cargo solutions can offer you protection from the moment your cargo leaves its point of origin until it reaches its final destination.

Coverage Highlights

Benefits

  • Broad protection on goods in transit worldwide, including storage
  • Solutions tailored to the size and complexity of your unique exposure
  • Marine industry expertise
  • Fast, flexible underwriting response
  • Streamlined billing and simplified accounting
  • Customized global claim and recovery programs
  • Broad global network capabilities with Chubb-owned offices in major markets and network of long term partners committed to Chubb’s global standards
  • Backed by Chubb’s financial strength and industry-leading technology
  • Online certificate issuance

Coverages & Services

  • Ocean/Air Transit Insurance for goods in international trade, as well as domestic coastwise trade
  • Controlled Master Programs with locally written underlying policies where required and permitted by law
  • Multiline coverage when combined with other Chubb products
  • Shippers Interest Cargo
  • Project Cargo
  • Bailee Liabilities, including Non Vessel Operating Common Carrier (NVOCC) and Air Cargo Legal
  • Alternative risk transfer/retention options
  • Tailored engineering, including marine risk management services
  • Global risk transfer options for large, complex financial requirements, including:
    • Dedicated team of specialists in global marine program structures
    • Customized risk transfer options, as well as risk retention options through deductible and retrospective rating structures and use of captive reinsurers

Minimums & Limits

  • Minimum premium: $1,500
  • Limits up to $60 million

Target Clients

  • Exporters
  • Importers
  • Manufacturers
  • Logistics companies and businesses that ship unusual or distinctive products

For More Details Please Visit

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close