Environmental Insurance

Environmental concerns bring with them complex technical, legal and financial considerations and specific long-term liabilities which can be a significant impediment to the completion of a transaction.

Environmental insurance can assist in managing the risk and exposure to environmental liabilities, which can often emerge as part of the sale and purchase due diligence process associated with almost any corporate or commercial transaction involving land and/or property.

What does the policy cover?
You can choose from the following menu of environmental protection (the policy period can apply for periods of up to 10 years):

• On-site clean-up of pre-existing conditions
• On-site clean up of new conditions and third party claims for on-site bodily injury and property damage
• Third party claims for offsite clean up resulting from pre-existing conditions
• Third party claims for off-site clean up resulting from new conditions
• Third party claims for off-site bodily injury and property damage
• Third party claims for off-site clean-up costs of waste disposal sites
• Third party claims for off-site bodily injury, property damage or clean up costs of waste disposal sites
• Pollution conditions resulting from transported cargo
• Business interruption coverage

Clean up costs includes legal or associated expenses incurred by the insured in and around the environmental condition.