Environmental Liability Insurance – Contractors Pollution Liability (CPL)
Overview
This policy covers you for your legal liability arising from exacerbating existing pollution conditions, introducing new pollution conditions, claims made and obligations directed by a regulatory body.
It also covers you for your legal liability arising from bodily injury, property damage and environmental damage caused by pollution incidents that occur when providing services, as well as emergency response expenses that are required to contain and remediate the contamination.
Coverage
Sudden & Accidental as well as Gradual Pollution incidents
Emergency response costs
Costs incurred to respond to a pollution incident.
Third Party Bodily Injury
Physical injury, disease, mental anguish or emotional distress
Third Party Property Damage
Claims for damage, including the resultant loss of use, to third party property
Clean Up Costs
Covers gradual as well as sudden and accidental pollution conditions covered
Asbestos/ Microbial Matter
Broad definition of pollution includes asbestos and microbial matter.
Fixed Site
Cover provided for pollution from your own site.
Territory/Jurisdiction
NZ and Pacific Islands domiciled risks.
Worldwide Territory and Jurisdiction can be considered on request.
Target Segments
General contractors
Commercial, residential, municipal, infrastructure, demolition, excavation and grading
Building trades
plumbing and electrical
Specialty contractors
Oil and gas, pipeline, drillers
Remediation contractors
asbestos, amphetamines, emergency clean-up, general remediation
Capacity
$30m
Our Products
Financial Lines