Commercial property owners, operators and managers can receive broad-based pollution coverage through Chubb’s Premises Pollution Liability Portfolio (PPL Port) policy for various facility operations.
Coverage Highlights
Coverage
- Broad liability insuring agreement not specifically tied to covered locations
- Coverage for owned, operated, leased or maintained properties on a blanket basis
- Covered operations liability and emergency response coverages provided in coverage form
- Industry-specific endorsements to provide unique coverage for Healthcare and Multinational businesses
- Coverage for domestic and Canada -based multinational companies
- Admitted local policies outside of Canada can be placed as part of a master Canadian program
- Claims-Made and Reported coverage form
- Sudden and accidental and gradual pollution events
- Broad definition of pollution conditions including illicit abandonment and medical, redbag, infectious and pathological wastes
- Indoor Environmental Conditions coverage, including fungi, and Legionella pneumophila
- Third-party Property Damage coverage including Natural Resource Damages
- Built-in coverage for Emergency Response Costs
- Transportation coverage
- Non-owned Disposal Site coverage
- Business Interruption and Delay Expense coverage
- Catastrophe Management Costs coverage
- Products Pollution coverage may be available by endorsement
Benefits
- Chubb financial stability (rated AA by Standard & Poor’s and A++ by A.M. Best)
- Option to tailor coverage for complex risks, such as mergers and acquisitions and multinationals
- Environmental Incident Alert℠ -- our complimentary program developed to assist clients find and dispatch qualified incident response contractors, monitor cleanup costs and mitigate potential liabilities associated with environmental releases.
- Experienced underwriting specialists across the World and specialized claims expertise
- Broad range of risk control services available through national and international network of best-in-class engineering consultants, including environmental risk control experts from ESIS, Inc.®
- Thought leadership that addresses the complexities of domestic and global environmental regulations and compliance
- Valued long term relationships
Minimums and Limits
- Minimum self-insured retention: $10,000
- Minimum premium: $10,000
- Capacity available up to $50 million per/aggregate limit, inclusive of legal defense costs
Policy Terms
Annual or multiyear policy terms available
Target Segments
- Agriculture
- Commercial
- Healthcare
- Hospitality
- Mergers & Acquisitions
- Mixed Use/Residential
- Real Estate
- Recreation
- Research & Development
- Retail
- Warehousing & Distribution