Nuts & Bolts: The Chubb Group of Insurance Companies is offering Masterpiece Family Protection to its homeowners policyholders. Family Protection coverage can help defray a broad range of expenses if the policyholder or a covered relative is the victim of a home invasion, child abduction, car jacking or stalking threat that occurs almost anywhere in the world. The insurance reimburses the policyholder up to specified limits for various expenses, including fees for medical and psychiatric services, reimbursement for lost wages, fees for professional security consultants and security guards, and the cost of recuperation, improving household security and temporarily relocating one’s residence. The policy also provides a reward for information leading to the arrest and conviction of the responsible party. Covered relatives include spouses, children, grandchildren, parents, grandparents, siblings and their children.
Dollars: Policy limits of $300,000, accidental death and dismemberment benefit up to $250,000 applies in all states except Colorado and New Jersey.
Carrier: Rated “A++ XV.”
States Available: California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Kansas, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee and Wisconsin
Contact: Mark Schussel, (908) 903-2107, mschussel@chubb.com
Topics Fraud
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