Heightened public awareness surrounding environmental effects has increased the pressure on organisations to act in an ethical and environmentally responsible way. Oil and Gas, infrastructure, construction projects, power producers, manufactures and mining companies are all faced with increased stringent local and international legislation that places more liability on your company for the impact of environmental damage.
Environmental liability cover provides a safeguard from the costs associated with sudden or gradually occurring pollution events and goes further to pay for settlement claims and clean-up costs that could ensue.
For Environmental liability cover to meet the specific need of your organisation, we help you understand how the various competing insurance companies attend to some of the following concerns.
Being a relatively new area of increased risk, Agillient urges a review of current policies to watch out for gaps arising from outdated pollution clauses that may have been overtaken by fast-changing environmental legislation. It is common to find gaps that leave your company exposed because either past pollution is not addressed or cleanup and restoration costs are not part of your current general liability covers. Learn more..