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Chubb’s environmental risk solutions go well beyond the limits of liability insurance cover. This includes specific protection for cleaning up contaminated soil or water - a feature that most liability policies are lacking.
Coverage Highlights
Remediation costs imposed by regulators – includes clean-up of:
the insured’s own property
other land, water, and biodiversity
Third-party legal liability
Bodily injury
Cover for sudden & accidental and gradual pollution
Property damage, including loss of use and diminishment in value
Nuisance, trespass and obstruction
Covers all environmental damage, not just resulting from pollution
Includes complementary and compensatory remediation
Losses arising from transportation of products or waste by or on behalf of the insured- No terrorism exclusion
First-party business interruption
Loss mitigation costs – emergency expenses incurred in responding to an incident
Contractor’s pollution – includes cover for the insured’s contract works at customer sites
Costs and expenses included for all claims within the policy limits
Products pollution liability
Multinational policy form available, providing coverage on a worldwide basis with local policies where required