Product Highlights: Benefits

The allocation of liabilities for identified contingent risks is typically heavily negotiated between parties. These exposures are often the subject of purchase price negotiations, specific indemnities, and/or escrow arrangements. Chubb’s Contingent Liability Insurance may eliminate or effectively mitigate the parties’ exposures to these risks — enabling the transaction to close more quickly, without either party assuming undue risks or limiting or impairing the sales proceeds from the transaction.

Coverage

  • Provides coverage within the context of a merger and acquisition or other transaction
  • Risks that might be eligible for coverage include potential:
    • Litigation exposures
    • Environmental exposures
    • Intellectual property infringement claims
    • Employment matters and disputes
    • Exposures relating to accounting methods adopted in the past

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