MIM-O

Chubb is now the second largest carrier for Credit Unions in the United States !!!

Chubb has developed FOREFRONT SECURITY BY CHUBB – Credit Union Bond, a fidelity bond designed specifically to help protect credit unions as they increase member services and grow their business. Chubb understands the credit union business and the threats to it. We have a strong reputation for our commitment to the markets in which we do business, and we’re consistently one of the leading U.S. fidelity writers.

Some of the unique features of this bond are as follows:

• Worldwide plastic card fraud protection, including counterfeit cards, with limits of up to $1 million.

• Fraudulent deposit, including check kiting and forgery insurance.

• Consumer legislation insurance

• Workplace violence

In addition, Chubb also offers additional products to help you round out your credit union’s insurance program:

CUSTOMARQ is Chubb’s premiere property/casualty package policy. Customarq offers a breadth of insurance protection, including a flexible approach to valuation and automatic limits of insurance for many coverages. Customarq’s business income and extra expense insurance helps set the standard for the industry, providing many extras. In addition, boiler and machinery perils are built into select Customarq policies so, in many cases, there’s no need to buy separate insurance for these exposures.

 

PROFESSIONAL LIABILITY PROTECTION from Chubb helps minimize gaps in coverage that exist among separate policies. Our professional liability policy consists of six insuring clauses that share one aggregate limit of liability and provide insurance for employment practices liability, fiduciary liability, directors and officers liability, outside directorship liability, errors and omissions liability, and lending liability.

 

For more information, please contact:

Roger Elfert, relfert@mimins.com

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