Environmental Liability Insurance What does it offer me?
Environmental Liability Insurance is a
3-in-1 product
Environmental Liability Insurance
The insurance company covers the costs of urgent measures to prevent damage or address suspicions of an imminent threat before any damage occurs.
It also liaises and mediates with the Administration in order to resolve the conflict.
After the damage has occurred, the insurance company:
- Helps take measures to ensure damage is kept to a minimum.
- Negotiates with the relevant Authority.
- Plans, contracts and oversees repairs, including primary, complementary, and compensatory actions.
Civil Liability Loss Insurance
Should a third party lodge a claim against you due to contamination, the insurance covers:
- Material and personal damage, as well as properties and rights.
- Losses from the damage.
- Losses not from the damage, mandatory closure due to risks, etc
THIS IS OPTIONAL
It complements general Civil Liability insurance, which usually excludes contamination.
It includes employer’s liability for occupational accidents due to contamination.
Insurance for Loss of Profits due to Environmental Damage
If activity cannot continue, the insurance compensates for lost gross earnings, starting from the sixth day and up to a maximum of 365 days.
This insurance is optional and supplements the own-damage loss of profit insurance, acting in excess of it.
Enjoy our 3-in-1 product
Enjoy our 3 in 1 product which also includes:
Decontamination of the insured’s own soil INCLUDED 100%.
Costs of Primary, Supplementary and Compensatory Prevention and Repair, UNLIMITED.
Activity inside and OUTSIDE the insured premises, TRANSPORT, ETC.
Find out more
about our specialist support
If you are an involved party needing an assessment of your activity’s potential environmental risks and the Environmental Liability Insurance policy, please contact us for a no-obligation consultation.