- Businesses
- Individuals & Families
- Partnerships
- Brokers
Chubb Climate+ spans major industries, with a goal of enabling climate change progress in a meaningful way.
Stack up your cyber protection with Chubb.
All Chubb cyber policyholders are eligible for cyber services. Get the most value from your Chubb policy and request access today.
In a complex world, Chubb’s support for multinationals and their brokers when choosing the right cover has never been more valuable.
Protecting all that makes your house, your home.
As one of the world's largest providers of jewellery and fine art insurance, you can count on our unparalleled service and expertise, offering some of the broadest protection available.
As pioneers of using in-house appraisers to help clients establish the value of their property, and mitigate the risk of loss, our appraisal service is a key reason why owners of fine homes and high value possessions around the world choose Chubb
Build your business by providing the protection your customers need – it’s insurance for the new possible.
The seamless, secure, and scalable engine behind new possibilities for your company and customers.
Travel insurance made easy.
Owner Controlled Insurance Policy
Risk Scenarios
Who it’s for
The Chubb OCIP policy insures all participants in a building contract:
- Any company having work undertaken – the project ‘owner’
- Main contractors
- Sub-contractors.
What it covers
The policy can protect new builds and alterations to existing buildings with the following options of cover:
- Fire (including malicious arson)
- Storms and flood
- Escape of water from fixed installations and temporary water supplies
- Theft of materials
- Accidental damage
- Contractors all risks protection
- Public liability (optional)
- Non-negligent damage liability (optional)
- Protection for the owner if a contractor ceases trading or can’t complete work for any other reason
- Delay in Start-Up
- Advance Loss of Profit for the owner and lenders.
FAQs
Apart from the clear cover advantages of the OCIP, Chubb’s long-term presence in the construction sector, along with its experienced underwriters, means you’ll benefit from our insurance knowledge and insights – protecting your financial interests at a fair premium for the risk. We also have a dedicated construction claims team to fully focus on prompt settlement of any loss.
Yes, existing buildings can be considered and included in the OCIP plan, subject to certain underwriting criteria.
Absolutely – this is automatically included in the OCIP policy wording.
Your OCIP policy can usually be extended, subject to full underwriting information and terms and conditions as agreed.