Chubb Product Recall Insurance

Chubb underwrites product recall insurance directly through Recall Plus for Consumer Goods, aimed at both new and established business owners producing consumer goods. ¹Company-reportedRecall Plus for Consumer Goods product page.

Chubb primarily targets companies with sales up to $1 billion; companies above $1 billion are considered with a high self-insured retention or on an excess basis. Target risks include manufacturers, importers, distributors, wholesalers and retailers of finished consumer products such as appliances, electronics, clothing, furniture, household goods, children's products and sporting goods. ¹Company-reportedClient Profile section.

Chubb says coverages are made-to-order, letting policyholders select add-on coverages based on need or budget, and offers crisis consultants available 24/7 via an emergency hotline. ¹Company-reportedCoverage Highlights section; subject to the policy as issued.

Chubb restricts this product for drop-side cribs, e-cigarettes, fireworks, and products that are incorporated as a component of a third party's products or goods. ¹Company-reportedRestricted Classes list.

Chubb publishes a $5,000 minimum self-insured retention ($2,500 minimum for small businesses) and says its Product Recall unit has $5 million in limits available on a primary and excess basis, with additional capacity considered case by case. ¹Company-reportedCoverage Highlights, Minimums and Limits sections.

Chubb says businesses get 24/7 access to a network of specialized product-recall consultants on a post-incident basis, described as leading industry professionals familiar with product-recall regulatory challenges. ¹Company-reportedSpecialized Consultants section.

Chubb publishes a Recall Plus application for non-food products and provides an email address for product-recall insurance questions. ¹Company-reportedRelated Resources and Contact sections.