top of page

Chubb: A Communication Regarding Cancellation and Non-renewal Notices

Chubb understands that many of our policyholders have been severely impacted by the events surrounding the novel coronavirus, and we are committed to working with them to make accommodations based on their specific situations. Our number one priority is to help our clients minimize any disruption. During these uncertain times, we will be looking for ways to accommodate our insureds in alignment with guidance provided by state regulators.

For our commercial clients, Chubb will commence a voluntary 60-day hold on cancellation and nonrenewal notices for all of its US and Canada insureds that advise they cannot pay their premiums due to events related to coronavirus except where a longer period may be required by regulatory order. We will continue to bill premiums but will not cancel for non-payment and no late fees will be assessed during this hold. The hold will commence on March 23, 2020. Commercial insureds may contact us directly or reach out to their brokers and agents to let us know that they will be requesting this accommodation.

In all cases, we will make sure that, in compliance with all applicable regulatory guidance, we are providing accommodations to our insureds where we are required to do so.

Chubb believes insurance companies, agents and brokers are needed more than ever, and we remain available to provide the same level of service and care our clients and partners have come to expect.

13 views0 comments

Recent Posts

See All

Help Protect Your Dealership with the Correct Coverage

Is it time for auto dealerships to re-evaluate their inventory value? As auto values continue to increase and weather-related events occur more frequently and severe, now may be a good time for auto d

Critical Coverage for Adult Family Homes

Operating an adult family home comes with a range of risks, including the potential for abuse or molestation allegations. These types of claims can be devastating for both the facility and its residen


bottom of page