If your costs associated with “green” repairs or replacements aren’t covered by traditional policies, our specialized solutions can cover the gaps and help you meet new green standards.
Coverage Highlights
Benefits
- Coverage for additional costs associated with repair or replacement to a “green” standard not covered by traditional property insurance policies
- Standalone policy as a companion policy for companies where Chubb participates in shared or layered property program
- Offered by endorsement to Chubb’s middle market property policies
Coverage
- Unique offering that provides allowance, defined as a percentage of underlying net loss, which indemnifies the insured for incremental costs to purchase "green" products and services not covered by standard physical damage property policy.
Minimums & Limits
Minimum Premium
- $25,000
Limits
- Up to $25 million
Target Clients
- Financial Services
- Business Services (Legal and Accounting Firms, Advertising Agencies Consulting and Public Relations, Research, etc.)
- Healthcare
- Higher Education
- Hospitality and Casinos
- Real Estate Owners and Managers
- Retail Stores
Restricted Industries
- Chemical
- Food and Agricultural
- Fuel Oil and Liquefied Petroleum Gas Terminals and Dealers
- Gas Production and Distribution
- Mining
- Municipalities
- Nursing Homes/Frame Apartments/Habitational
- Oil, Petroleum, and Coal Products
- Pharmaceuticals
- Pipelines
- Primary Metals
- Pulp and Paper
- Utilities