Pollution liabilities can arise suddenly during operations at a job site or develop over time. Chubb’s Contractors Pollution Liability Insurance protects against these liabilities and includes indemnity for clean-up costs incurred as a result of third party claims. If you’re insured, this policy covers you and your subcontractors as you carry out your work on site.
In March 2020 Chubb launched the Contractors Pollution Liability III Wording (CPLIII) to the New Zealand market. The CPLIII policy is designed to offer protection for third-party environmental liabilities arising out of the covered operations of our clients. The CPLIII has been tailored by Chubb Environmental Risk to meet our clients' specific needs, industry and principle contractor requirements.
Key enhancements built into the new CPLIII Wording include:
The above is a product summary only. For actual terms and conditions, please refer to the policy. The foregoing presents examples of the types of coverage available under the CPL policy and is subject to the terms and conditions contained in the policy. The information contained herein is not intended to explain or broaden coverage afforded under this or any policy or product offered by Chubb.