— A pollution incident or loss can seriously damage a contractor’s operations, balance sheet and even reputation. It’s important that you select a policy developed specifically for your industry-related coverage needs
Coverage Highlights
Benefits
Broad definition of pollution conditions, including the presence of fungi and legionella
Property Damage definition includes Natural Resource Damages
Built in coverage for Transportation and Emergency Response Costs
Option to tailor coverage, including pollution-related blanket non-owned disposal site coverage and project excess requirements
Environmental Incident Alerts - our complimentary program developed to assist clients find and dispatch qualifieincident response contractors, monitor cleanup costs and mitigate potential liabilities associated with environmental releases
Coverage
Programs can be tailored for small to major accounts:
Policy Types available including: Practice, Project and Follow-Form Excess
Coverage for domestic and Canada based multinational services abroad
Coverage for work performed by or on behalf of Named Insured
No base policy exclusions for construction defects or water intrusion
Claims-Made and Reported or Occurrence Triggers available
Built-in Completed Operations coverage on occurrence form
Practice Policy Specific (Practice Policy up to two years/Project-specific construction policy period plus completed operations: terms available up to 17 years)
Sudden and accidental and gradual pollution events
Transportation coverage included
Silt, soil and sedimentation built into the definition of Pollution Condition
Built-in coverage for Emergency Response Costs
Emergency Response timeline 7 days
Mould coverage
Legionella coverage
Occurrence based Non-owned Disposal Site coverage
Owned or leased locations coverage
Catastrophe Management coverage
Defence outside the limits available
Owned site coverage for contractor’s owned/leased locations available
Loss includes civil fines, penalties and punitive damages
No jurisdiction and venue or choice of law provisions
Pollution definition includes illicit abandonment
Available for Catastrophe Management
Project Policies can be written as OCIPS, CCIPS, or specifically for healthcare risks
Minimums and Limits
Minimum self-insured retention: $5,000
Minimum premium from $1,500 to $5,000
Capacity available up to $50M per/aggregate limit, inclusive of legal defense costs
Target Client
Most commercial contractors, subject to underwriting guidelines, including: