Environmental Site Liability insurance helps protect companies from the uncertainty of potential environmental liabilities associated with owning or operating facilities or sites. Environmental Site Liability insurance for buyers and sellers of property helps protect buyers and sellers in mergers, acquisitions or divestitures. From a seller looking to help reduce or eliminate the requirement for collateral to support environmental provisions contained in an underlying sales agreement, to a buyer who needs help to protect against loss as a result of a pollution discovery at a property to be purchased, Chubb’s Environmental Site Liability insurance offers valuable assistance. It can even help protect in cases where a pollution problem is already known.

Coverage as Easy as A, B, C and D
Chubb’s Environmental Site Liability insurance offers four insuring
agreements to provide needed protection.

• Coverage A addresses liability for bodily injury, property damage
  (including natural resource damages and diminution in value) and
  remediation costs and remediation costs arising from known or unknown
  pre-existing pollution incidents at or migrating beyond an insured site. It
  also addresses first-party remediation costs.
• Coverage B addresses liability for bodily injury, property damage and
  remediation costs arising from new pollution incidents at or migrating
  beyond an insured site. It also addresses first-party remediation costs.
• Coverage C addresses liability for bodily injury, property damage and
  remediation costs resulting from pollution incidents at or migrating beyond
  a designated insured site that is neither owned nor operated by the
  insured, such as a warehouse, waste transfer station or disposal facility.
• Coverage D pays for business interruption expenses resulting from
  pollution incidents at an insured site that suspends operations at that site.
  

 

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