Chubb Introduces New and Modernized Package Product for Commercial Clients
Chubb Benchmarq Package helps to fill a gap in the lower middle market; provides agents and brokers the ability to scale and tailor coverage offerings to create a fully customized package policy
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WHITEHOUSE STATION, N.J., May 21, 2021 /PRNewswire/ Chubb has introduced a new insurance product, Benchmarq Package, for the lower middle market segment, setting the standard for package policies focused on broader and more scalable coverage and efficiency. Benchmarq includes an expanded base coverage offering in both property and liability, resulting in insurance protection that is more inclusive than the typical industry package policies. While Benchmarq s base offering is optimal for smaller or less complex package risks, coverage can also scale up through higher limits and additional endorsements to create fully customized solutions for clients unique