Commercial environmental risks

There are various types of insurance available covering Environmental Pollution liability, the main policies are:

Third Party Liability

This policy will normally protect the insured against unexpected losses arising from unknown pollution in respect of:

  1. Third party claims for property damage or bodily injury
  2. Clean up costs on and off site
  3. Legal defence costs
  4. Costs of investigation

Remediation cost cap

This policy covers costs over-run in excess of agreed remediation costs to clean up known pollution.

Secured creditor

A lender's security may be affected by contaminated land and if the lender takes possession they may become primarily liable designed to protect the lender against these liabilities.

Please contact us at : enquiries@bjic.co.uk