Marine Facilities Insurance

Chubb is an industry leader in providing comprehensive insurance packages for marine-related facilities We provide coverage for a wide range of marine facilities Marina operators boat dealers premier boat buildersmanufacturers and yacht brokers must protect themselves against risks that exist both in the water and on land Chubbrsquos Marine Facilities Group offers solutions to help minimize these exposures

Chubbrsquos marine facilities insurance is designed to address the unique needs of this segment of the US marine market Package solutions can include coordinated marine and non-marine coverages to provide clients with comprehensive protection for the full scope of their operations

Benefits

bull Unparalleled marine industry expertise bull Broad coverage bull Fast flexible underwriting response bull Solutions and policy terms tailored for

the size and complexity of exposure bull Marine Risk Management bull Chubbrsquos financial strength

and flexibility

Coverage Highlights

bull Marina Operators ndash Wet and dry storage hauling and

launching ndash Hull and machinery ndash Docks slips and piers ndash Work boats ndash Repair and fueling ndash Brokers legal liability ndash Rental operations ndash Crew coverage

bull Boat Dealers ndash Inventory ndash Transit and demonstration ndash Title EampO False Pretense and Truth

in Lending ndash Boat shows

bull Boat BuildersManufacturers ndash Hull and machinery ndash Molds ndash Sea trials

bull Yacht Clubs ndash Fleets regatta liability and

sail training ndash Covered person includes club

members volunteers directors employees and committee persons

bull Packaged coverage including commercial general liability property commercial automobile inland marine (computers and heavy equipment

floaters) boiler amp machinery crime amp fidelity business interruption workers compensation and liquor liability

bull Property enhancement endorsement available

bull Option for bumbershoot coverage

Chubbrsquos Loss Control and Marine Risk Management

Chubbrsquos Marine Risk Management team is comprised of a network of experienced marine risk management professionals who are dedicated to helping clients reduce the likelihood of insurance loss and minimize business disruption if a disastrous insured event occurs Chubbrsquos specialists are professional marine insurance surveyors who actively participate in local and national marine technical industry groups to help remain current on industry trends and strategies

Chubbrsquos Marine Risk Management include the following

bull Onsite inspections and risk evaluations of marinas and boat yards boat dealers boat buildersmanufacturers and related operations Chubbrsquos experienced specialists are available to visit facilities to identify exposures and evaluate existing controls This inspection includes recommendations to help facilities reduce the potential of a loss occurring Chubb can also tailor ongoing programs for clients with large property and liability risks to ensure risk management procedures remain effective

bull Emergency procedures and disaster planning Chubbrsquos risk management support includes natural hazard risk assessments of facility locations including flood earthquake and windstorm exposures Chubb works directly with risk managers to assist in developing emergency procedures and contingency plans helping facilities prepare for the marine catastrophe exposures they may face and minimizing business interruption should an incident occur This includes developing detailed plans to guide efficient emergency response facilities preparations evacuation of premises cleanup operations and business restoration

bull Technical and operational support Chubb offers technical and operational insurance risk management support should any questions arise regarding operations safety and regulatory requirements that impact risks presented in day-to-day operations

Contact

For more information on Marine Facilities insurance please contact your local agent or visit wwwchubbcom

Operators and insureds are responsible for safety and risk control Chubb is not responsible for ensuring the safety or risk control of any operation and we are not required to make any inspections of any operations although we may exercise our right to do so from time to time under the terms and conditions of our insurance policies The provision of this brochure to the insured its personnel or broker or any other facility operator is for informational purposes only We hereby disclaim any obligation to oversee or monitor any facilityrsquos or insuredrsquos adherence to any guidance or practices set out in this brochure or to any other required or otherwise reasonable safety and risk control practices This document is an overview only and is not intended as a substitute for consultation with your insurance broker or for legal engineering or other professional advice Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services For a list of these subsidiaries please visit wwwchubbcom Insurance is provided by ACE American Insurance Company and its US based Chubb underwriting company affiliates All products may not be available in all states This communication contains product summaries only Coverage is subject to the language of the policies as actually issued Surplus lines insurance is sold only through licensed surplus lines producers copy2016 Form 617264 (Rev 1116)

floaters) boiler amp machinery crime amp fidelity business interruption workers compensation and liquor liability

bull Property enhancement endorsement available

bull Option for bumbershoot coverage

Chubbrsquos Loss Control and Marine Risk Management

Chubbrsquos Marine Risk Management team is comprised of a network of experienced marine risk management professionals who are dedicated to helping clients reduce the likelihood of insurance loss and minimize business disruption if a disastrous insured event occurs Chubbrsquos specialists are professional marine insurance surveyors who actively participate in local and national marine technical industry groups to help remain current on industry trends and strategies

Chubbrsquos Marine Risk Management include the following

bull Onsite inspections and risk evaluations of marinas and boat yards boat dealers boat buildersmanufacturers and related operations Chubbrsquos experienced specialists are available to visit facilities to identify exposures and evaluate existing controls This inspection includes recommendations to help facilities reduce the potential of a loss occurring Chubb can also tailor ongoing programs for clients with large property and liability risks to ensure risk management procedures remain effective

bull Emergency procedures and disaster planning Chubbrsquos risk management support includes natural hazard risk assessments of facility locations including flood earthquake and windstorm exposures Chubb works directly with risk managers to assist in developing emergency procedures and contingency plans helping facilities prepare for the marine catastrophe exposures they may face and minimizing business interruption should an incident occur This includes developing detailed plans to guide efficient emergency response facilities preparations evacuation of premises cleanup operations and business restoration

bull Technical and operational support Chubb offers technical and operational insurance risk management support should any questions arise regarding operations safety and regulatory requirements that impact risks presented in day-to-day operations

Contact

For more information on Marine Facilities insurance please contact your local agent or visit wwwchubbcom

Operators and insureds are responsible for safety and risk control Chubb is not responsible for ensuring the safety or risk control of any operation and we are not required to make any inspections of any operations although we may exercise our right to do so from time to time under the terms and conditions of our insurance policies The provision of this brochure to the insured its personnel or broker or any other facility operator is for informational purposes only We hereby disclaim any obligation to oversee or monitor any facilityrsquos or insuredrsquos adherence to any guidance or practices set out in this brochure or to any other required or otherwise reasonable safety and risk control practices This document is an overview only and is not intended as a substitute for consultation with your insurance broker or for legal engineering or other professional advice Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services For a list of these subsidiaries please visit wwwchubbcom Insurance is provided by ACE American Insurance Company and its US based Chubb underwriting company affiliates All products may not be available in all states This communication contains product summaries only Coverage is subject to the language of the policies as actually issued Surplus lines insurance is sold only through licensed surplus lines producers copy2016 Form 617264 (Rev 1116)