With broad protection for property and liability exposures, Chubb’s Business Owner's Policy serves as the foundation for your insurance portfolio.
Lawsuit defense
Covers you if you're sued or a claim for damages made against you for bodily injury, property damage or personal and advertising injury.
Court costs
Court costs, bail bonds and bonds to appeal judgments or for your release.
Damages
Damages you're legally obliged to pay because of liability.
Note: Doesn't include fines, penalties, taxes, sanctions, restitution, or disgorgement, or punitive or exemplary damages. This is money you're required to pay to resolve a claim or suit, including interest and attorney fees
No-fault medical expenses
Medical fees for people injured in an accident if the:
Medical expenses include first aid given at the time of the accident, medical services and ambulance, hospital, professional nursing and funeral services
Loss of business income
If your business space is damaged and you have to stop operating, we'll pay for your lost business income while you're getting repairs made and your business back on its feet. We'll also cover any extra costs you have to pay for during this time.
Accounts receivable record
If your accounts receivable records are lost or damaged meaning you can't collect money from your customers, we'll pay:
Forged checks
Covers your costs if someone issues a forged or altered check or draft in your name. If you're sued for refusing to pay the forged or altered note, we'll also cover reasonable legal expenses as long as you have our permission.
Electronic data
We'll pay to restore or replace electronic data that has been destroyed or damaged, physically or by a computer virus. We'll also cover any extra costs you have to pay for during this time.
We define this as software, data or other information in electronic form
Employee dishonesty
If your employee commits a dishonest or criminal act, causing physical damage to or loss of property, money and securities, this covers your loss.
Business personal property
Lost or damaged business personal property on either an actual cash value or replacement cost, depending what you choose when you take out this policy.
This is all business property you own or use in your business, other people's belongings, signs, fixtures, glass and other tenant's improvements and betterments, and any business items you lease.
Personal property (Off-Premises)
Loss or damage to your employees' personal property, as long as it happens within 1,000 feet of your building.
Outdoor property
Loss or damage to your outdoor fences, radio and television antennas (including satellite dishes), signs, outdoor trees, shrubs and plants caused by fire, lightning, explosion, riot or civil commotion, aircraft or self-propelled missiles
Valuable papers and records
Cost to restore, reproduce or replace valuable papers that are physically damaged or lost in a fire, lightning, an explosion, a windstorm, hail, smoke, aircraft or vehicles, a sinkhole collapse, volcanic action, falling objects, weight of snow, ice or sleet or water damage.
Pollutant clean-up and removal
Covers costs to clean up or remove pollutants from the land, water or air at your business, if they're released by a fire, lightning, explosion, windstorm, hail, smoke, aircraft or vehicles, sinkhole collapse, volcanic action, falling objects, weight of snow, ice or sleet or water damage.
We class pollutants as any solid, liquid or gaseous irritant or contaminant including smoke, vapor, soot, fibers, fumes, acids, alkalis, chemicals and waste
Dependent business premises
These are other premises in the coverage territory that you depend on to deliver materials or services to you or others on your behalf, buy or accept your products or services, manufacture products for you, or attract customers to your business.
We define this as software, data or other information in electronic form
You will be able to test our APIs in the Sandbox below. To get started, you will be required to get a bearer token/JSON Web Token (JWT) which can be requested using the “Authentication” operation. After you have requested the token, it can be used to authorize all test transactions. Copy and paste the token response from the Authentication operation using the “Authorize” button. Once complete, click the “Try it out” button to run the sample request and receive a response. All the other required fields are already prefilled in the headers for each operation in the Sandbox.
