MasterPackage ™

Our new and improved form offers the same extensive cover across property and casualty which can be tailored to meet the needs of your business.

Costs and expenses incurred for services provided by qualified professionals in the production or certification of documentation in the event of a claim.

Our policy contains a generous range of extensions, including:

• Computer Breakdown: Cover for interruption or interference to the business due to computer breakdown, includes repair or replacement of computer equipment.
  
  
• Data Breach & Cyber Attack: Cover for damages incurred by a third party as a result of a data breach event relating to personal data, unlawful or unauthorised disclosure of third-party data, and damages incurred by third parties arising from malware.
  
  
• Customers and Suppliers Premises (Specified or Unspecified): Cover for losses resulting from interference or interruption at customers’ or suppliers’ premises.
  
  
• Environmental Impairment Liability: Costs incurred for new sudden and accidental pollution conditions, as well as remediation of unknown historic contaminated land where required by a regulatory authority.
  
  
• Public Utilities: Cover for interruption or interference to the business due to loss of electricity, water, gas or telecommunications.
  
  
• Goods in Transit: Loss or damage to contents or stock whilst in transit by road, rail or inland waterway.
  
  
• Product Recall Expenses: Expenses incurred for media communication, collection, storage and disposal of goods and employee overtime following a recall event.
  
  
• Damage to Leased or Rented Premises: Extension of cover for legal liability for damage to leased premises, including fixtures and fittings.

And more….

Important: Full terms, including sublimits, are outlined in the policy and are only active if specific sections are purchased. Please ensure you read the policy wording for how these extensions are applied.

We provide £500,000 of cover to be allocated across a number of key extensions at the time of loss, leaving you free to deploy this cover when you need it most and not having to second guess where you may need it at the time of loss.

Where public and products liability cover is purchased as part of MasterPackage™ an emergency response helpline is included, which is available 24 hours a day, 7 days a week. Up to £100,000 of crisis response expenses are also available for expenses incurred as a result of damage or bodily injury to third parties.

MasterPackage™is Chubb’s simplified all-risks insurance package created to help our mid-market commercial customers. It’s tailored to make covering your business easier, combining property and casualty insurance in one product. Available for a wide variety of industries, MasterPackage™ offers you broad insurance coverage, as well as a wide range of extensions that can be added on to meet your specific needs.

Business all-risks insurance is a type of property and casualty cover that doesn’t specify what’s covered – instead it only lists what liabilities are not covered. This means your business is protected from a broad range of risks, and only the risks specifically written out in your contract are excluded. Anything not named in your policy is automatically covered.