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 costs coverages provided in coverage form
- Industry-specific endorsements to provide unique coverage for Healthcare and Multinational businesses
- Coverage for domestic and U.S.-based multinational companies
- Admitted local policies outside of the U.S. can be placed in many jurisdictions as part of a master U.S. program
- Claims-Made and Reported coverage form
- Sudden and accidental and non-sudden/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
- 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 U.S. 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 & 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; sublimits may apply to certain coverages and classes of business
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
Restricted Industries
- Disposal, recycling and waste treatment operations
- Mining and reclamation operations
- Livestock ranching, fowl hatcheries and packing plants
- Oil refining, pipeline and distribution operations
- Heavy manufacturing
- Chemical manufacturing and chemical distribution