Warren, NJ (Vocus) 9 December 2008

If green is your company against the loss, it turns green after a loss. This is the message behind an amendment to the new trade policy of insurance from Chubb Group of Insurance Companies.

“For years, Chubb is a leader in the insurance cover for green buildings through its commercial property insurance policy,” said Peter Thompson, vice president, Chubb & Son and energy managers in the world for Chubb Commercial Insurance. “However, some customers do not consciously take steps to grow their businesses for the protection of the environment, trade policy Chubb Insurance of goods would automatically protect their” green “investments, although it had a loss. Our approval of the new highlights of this important product> functionality.”

Since 1994, Chubb’s commercial insurance policies to ensure ecological characteristics on the basis of replacement cost. These features include vegetative roofs, solar panels, geothermal, wind, collection systems and groundwater startm energy equipment. The guidelines also offer:

Business income and additional costs of insurance, which help companies with green features, operations quickly after a disaster. For example, an insured will be reimbursed for additional costs incurred to generate electricity from a public utility companies purchase, until its equipment for production of alternative energy repaired or replaced.
Reimbursement of the cost of hiring a licensed professional design and reconstruction, registration and certification costs to divert recyclable debris after a loss of recycling facilities rather than landfills, and other green services.
A period of restoration, which recognizes that it may take longer to be a green building on its state rebuild before last for the loss of a typical office building and therefore longer to restore business and income.
Thompson adds that the technology is behind the development of green building standards in transition, and state intervention in the world, is to accelerate the market for green building. The market value of the construction of the new green building this year, more than billions of dollars and in 2010, according to McGraw-Hill Construction Greening of U.S. companies Smart Market Report.

For over 20 years, Chubb renewable energy producers and distributors, including wind, ethanol and biodiesel, solar, hydro and other transactions of the available renewable energy sources. Chubb’s loss control and underwriting professionals to help identify who completed Leadership in Energy and Environmental Design (LEED) professional accreditation, and develop from loss control programs for green buildings and other property.

member insurer Chubb Group of Insurance Companies form a joint multi-billion dollars in property and casualty insurance for private and commercial customers worldwide offer over 8,500 independent agents and brokers. > Chubb’s global network includes branches and affiliates in North America, Europe, Latin America, Asia and Australia.

Chubb Group of Insurance Companies

15 Mountain View Road

P. O. Box 1615
Warren />
(908) 903-2608

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