Environmental Liability policies are written to protect the client from claims arising from pollution occurring due to an incident on their site or project. The implications following an environmental incident can be significant, both financially and due to business interruption, especially when the event generates substantial publicity.
As there is limited coverage provided under a standard third party liability or property insurance policy, the Environmental Liability policy is designed to help protect the asset of a company by filling the gap created by these existing policies.
The policy arranged would normally cover the following items:
- Bodily injury, property damage and clean up claims
- Sudden and gradual events
- A contractor conducting work at third party job sites
- Environmental legislation