Chubb
is truly an expert in the metalworking
industry. Whether you are stamping,
cutting, pressing or drilling parts,
Chubb knows the ins and outs of this
highly specialized industry. Chubb’s
insurance program for the metalworking
industry is broad and flexible, so we
can custom-tailor insurance protection
for you. Chubb’s insurance products
include a number of special insurance
features as well as standard industry
protection. And, of course, every policy
is backed by Chubb’s worldwide
loss control services to help protect
property and financial assets.
Property
Chubb has designed a property insurance
program to meet the individual needs
of metalformers. Chubb’s state-of-the-art,
independently rated property form provides
a wide array of features not typically
found in standard industry policies.
General
Liability
General liability includes vendors,
lessors of premises, lessors of leased
equipment, employees (including leased
workers), volunteers and newly acquired
or formed organizations as insureds.
These are important features for companies
who lease their location or are growing
their business through acquisition.
Workers‘
Compensation
Chubb offers statutory workers’
compensation insurance. In addition,
Chubb will attach its WC Broad Form
Endorsement (where the Broad Form is
available). Chubb’s Basic Broad
Form provides such insurance as Voluntary
Comp and Stop Gap. The Extended Broad
Form provides higher Employers Liability
limits, Waiver of Our Rights to Recover
from Others. Chubb also provides stopgap
Employers Liability insurance in monopolistic
states (per Chubb Guidelines).
Commercial
Automobile
Chubb utilizes the latest ISO commercial
automobile policy forms and endorsements
for its Business Auto clients. In addition,
Chubb broadens insurance beyond industry
standard with its proprietary Commercial
Auto Broad Form endorsement, which is
automatically included for all of PMA
members. Key broadenings include Lease
Gap, Hired Auto Physical Damage and
Broad Form Named Insureds.
Umbrella
Umbrella insurance provides a layer
of financial protection over standard
policy limits. These higher limits (up
to $25 million subject to Chubb Guidelines)
are available in all states and will
be available to PMA members.
Marine
Chubb’s Marine Department has
vast experience in handling insurance
for your Ocean Cargo import/export or
domestic shipments. Whether it is a
one time large shipment, or a regularly
occurring shipping situation with varying
amounts and destinations, Chubb has
the coverages and limits that can suit
your needs.
Optional products available to PMA members
- Manufacturer’s
Errors and Omissions *
- Directors
and Officers
- Environmental
|
- Products
Withdrawal Expense *
- Employment
Practices
- Exporters
Package
|
*Need to be a Chubb package client
to access these products