MasterPackage ™

MasterPackage™ offers full theft coverage as standard. Chubb does not require evidence of forced entry or exit from the premises (not including gardens or yards) for the policy to be triggered as theft can occur without such evidence, for example through tailgating into the insured’s premises.

• Claims preparation costs included as standard £50,000 for property and business interruption losses, and £50,000 for employers and public liability 
• Loss prevention expenses up to £10,000 
• Recompilation of valuable papers up to £50,000
• Computer and machinery breakdown as standard 
• Computer reinstatement of data £25,000
• Contract works £50,000
• Product recall expenses  £50,000
• Environmental liability covering remediation costs  £100,000
• Data breach and cyber-attack cover following damage to third parties £100,000

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.