ACE Online Environmental Liability
This relatively new cover responds to the EU Directive that exposes companies to the cost of clean up following a pollution incident. It covers historic or gradual pollution and the costs of clean up to soil and water.
Our online product offers the same protection as the fully underwritten product and provides flexible limits up to £2 million and for terms up to five years.
Product Highlights:
- Immediate quotations available on a wide range of criteria
- Instant binding and issuance of policy documentation
- Focus on rapid referral response time
- Product designed to fill gaps in cover in traditional property and liability policies
- Responds specifically to claims arising out of the European Environmental Liability Directive
- Original inception date is also the retroactive date, increasing the value of gradual cover as the policy renews.
Cover:
- Broad environmental solution covering
- Sudden and accidental and gradual pollution
- First party clean up costs imposed by regulatory authorities
- Third party liability including diminishment in property value
- Nuisance claims
- Legal costs and expenses
- Cover for both operational and historical pollution issues
