The coronavirus pandemic has heightened the awareness of clients and brokers to determine what other exposures may lie in their insurance programs, including within the healthcare industry. You may not know but Chubb has a Healthcare Premise Pollution Liability Policy Wording underwritten by Chubb’s Environmental Risk Team.
In Chubb’s experience, pollution related risk (especially gradual pollution) and facility-borne illnesses are typically excluded (or provide limited cover) in general liability and property policies. Bearing this in mind, Chubb’s Healthcare Premise Pollution Liability Policy was developed to provide healthcare facilities with additional insurance and to bridge some potential pollution risks that may have been overlooked or underinsured.
While healthcare facilities face environmental challenges like many large businesses, they also must address exposures specific to the industry. In Chubb’s experience, healthcare facilities come across a variety of challenges, some of which are listed below:
The critical role of healthcare organisations in our society means that they face intensified repercussions from environmental risks as people recovering from illness or injuries can be more susceptible to new health problems caused by pollution. A proactive risk management strategy can help to identify and mitigate potential pollution risks.
Obtaining the appropriate insurance coverage should be a crucial part of any healthcare organisation’s risk management strategy. Premises pollution liability policies provide coverage for many environmental-related risks in healthcare, and healthcare organisations should look to work with an insurer that has experience both in the industry and expertise in environmental risks. By addressing their environmental risks and working with the right insurer, healthcare organisations can help protect their patients and themselves.
The Chubb Healthcare Premise Pollution Liability Policy Wording has been developed to help address the environmental risks listed above. Some of the benefits of the policy include:
All coverage is subject to conditions and exclusions and we recommend you examine the policy wording. For instance, coverage does not include:
Chubb’s Healthcare Premise Pollution Liability Policy has been developed by Chubb’s Environmental Risk Team to provide cover in certain circumstances to the following categories of insureds:
For more information on Chubb’s Healthcare Premise Pollution Liability Policy, contact Chubb or your broker.
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