Chubb sells yacht coverage.Owners of yachts valued at $1 million and more now can obtain broader coverage through a new Masterpiece Yacht yacht: see motorboating; sailing. yacht Sail- or motor-driven vessel used for racing or recreation. The term is popularly applied to large recreational engine-powered boats; the sailboats known as yachts and used for racing are usually light and Preference policy from the Chubb Chubb is the name of several individuals and companies:
Policy features include payment for a loss--the physical damage deductible That which may be taken away or subtracted. In taxation, an item that may be subtracted from gross income or adjusted gross income in determining taxable income (e.g., interest expenses, charitable contributions, certain taxes). for partial loss caused by another vessel is waived; marine environmental damage--if a yacht causes harm to a marine habitat, Chubb will pay up to $50,000 for damages; and full-time full-time adj. Employed for or involving a standard number of hours of working time: a full-time administrative assistant. full paid crew liability--Chubb covers the liability of all full-time paid crew members, including the captain. Property/Casualty Marketplace is compiled by Managing Editor Lynna Goch. |
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