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Pollution Legal Liability Insurance

Pollution legal liability insurance offers comprehensive coverage against environmental risks which are involved with operating a manufacturing unit. This risk management solution will protect the financial interest of a policyholder against clean-up costs, bodily injury claims and property damage.
Insurance Covers
Third party claims for on-site (under the insured property) clean-up cost of pre-existing conditions
Third party claims for on-site clean-up from new conditions
Third party claims for on-site physical injury and property damage caused by pollution conditions
Third party claims for off-site (beyond the boundaries) clean-up cost resulting from pre-existing conditions or started before the issued date of the policy
Third party claims for off-site clean-up cost resulting from new conditions
Third party claims for off-site injury and property damage caused by pollution
Third party claims for clean-up cost at the waste disposal sites; if lawfully deposited
Third party claims for clean-up cost, injuries and property damage beyond the boundaries of waste disposal sites
Loss of profit, rental value and additional expenses caused due to pollution
Advantages of Buying
Coverage in lieu of indemnities
Provides coverage for both sudden and gradual pollution
Some insurance policies include coverage for both pre-existing and new losses
Improves business prospects as this policy covers creditor protections
Can be tailor-made to suit the requirements of the policyholders
Coverage for present, past and future environmental exposures
Safeguards the insured from penalties which might be incurred due to government rules and regulations
Safeguards the policyholders from unknown environmental liabilities which result from asset transactions
Improves the reputation of the organisation; public and media are highly sensitive to incidents caused due to pollution
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