Property prices in some European markets fell as much as 40-50% during the financial crisis and are still yet to fully recover.1 As a result, many US high net worth individuals and families are taking advantage of this opportunity and purchasing new properties abroad, either for new vacation homes or as investments.
Through our new Chubb Global Client and Global Extension programs, you can now offer your US clients the exceptional coverage they have come to expect from Chubb for their international properties, backed by the same claims excellence that has made Chubb the high net worth carrier of choice for decades.
The Global Client Program
Currently available for your Signature and Premier clients with residences in the United Kingdom, France, Ireland, Italy, Monaco, the Netherlands, Portugal, Spain, or Switzerland, the Global Client program provides exceptional coverages tailored for high net worth families and individuals for a variety of international exposures, including homes, condo/co-ops, and rental properties. Automobile coverage is also available in Ireland and the United Kingdom.
Beyond our broad coverages, the Global Client program offers many other benefits, including a streamlined workflow managed by your current underwriter, a seamless claims experience, the global capabilities and expertise of Chubb, and more.
The Global Extension
As a complement to our Global Client program, our new Global Extension program extends many of the comprehensive Extra Coverages found in our US Masterpiece policy from both a coverage and limit perspective, including Mold Remediation, to your clients’ international residential policies.
Together, these coverages provide the best possible international coverage solution for your Chubb clients. For more information on both the Global Client and Global Expansion program, please refer to the Program
Overview and Frequently Asked Questions documents included in this email.
Get Started Today!
Your US underwriter continues to serve as your main point of contact, coordinating the process for both quotes and endorsements. Contact your Premier Underwriter for accounts with annual premiums of $50,000 or more, and your Portfolio Underwriter for accounts with annual premiums between $15,000 and $50,000.
Contact Cross Private Client Insurance and get started today!