ENVIRONMENTAL POLLUTION INSURANCE
This risk has been identified as a requirement for many businesses that may be subject to civil claims and state prosecutions following sudden and accidental pollution/contamination incidents.
Cover should ideally extend to include:
- Clean up costs of contaminated water and land as imposed by regulation
- Third party legal liability
- Property damage
- Obstruction
- Remediation
It is furthermore important in considering this section that the coverage offered is supported by a 24-hour call centre that manages the remedial clean up following incidents effectively and quickly. The footprint should, as largely as possible, align with the territorial cover required by the entity seeking such protection.