Conducting business outside your home country raises a host of business challenges. After all, every country has its own regulations, language and legal system.
Product Highlights
Chubb’s Customarq Global Extension expands the terms and conditions of your Customarq domestic policy to apply outside the U.S.
- Insurance for worldwide exposures under one insurance contract.
- Protection against any difference in conditions or excess insurance contained in local policies issued outside the U.S.
Product Features
- Provides a seamless approach to address worldwide liability exposures.
- Includes a collectibility provision which applies when an insured cannot collect payment of a covered loss under the controlled underlying insurance.
- Offers either occurrence or claims-made triggers to best suit your insurance program.
- Supports either a defense outside or defense within limits structure to ensure seamless protection throughout the world.
- Incorporates flexibility within the form to tailor the coverage territory and meets the unique international requirements of an insured.
- Separates specialized, unique local insurance protection from the standard limit structure, preserving the master limits for conventional insurance.
- Meets industry-specific requirements and provides specialized insurance, such as Liquor Liability, Garage Keepers Legal Liability and other fringe insurance.
- Provides Advancements or reimbursements for efficient settlement of claims.