WHAT  DOES  IT  COVER?

Environmental Impairment and Pollution Liability Insurance: Indemnity is provided for the cost of clearing up, the liability arising from the contamination or pollution, not deemed accidental, sudden or foreseen.  The EIL insurance cover includes cost of clearing up, legal expenses to defend and financial loss arising there from.

The EIL insurance cover provides protection for the vendors, the buyers and/or any other party that might have a risk of inherent, imbedded or historic pollution.

ENVIRONMENT AND POLLUTION INSURANCE COVER FEATURES

1.         On site clean up of pre-existing conditions - coverage for conditions which existed before any land sale, but were not discovered until and after the sale and for which the Insured is obligated to pay

2.         On site clean up of new conditions - coverage for conditions which commenced on or after the sale and which the Insured is obligated to pay Third Party :-

• Environmental Pollution Liability Insurance is for bodily injury and property damage;
• Environmental Pollution Liability Insurance is for clean up resulting from pre-existing conditions;
• Environmental Pollution Liability Insurance is for clean up resulting from new conditions;
• Environmental Pollution Liability Insurance is for off site bodily injury and property damage;
• Environmental Pollution Liability Insurance is for off site clean up costs of waste disposal sites;

3.         Pollution conditions resulting from transported cargo.

4.         Business Interruption coverage. Clean up costs includes legal or associated expenses incurred by the Insured in and around the environmental condition.

E.I.L (Environmental impairment liability) ‘ON-LINE'  QUOTATION'

Most non-industrial and commercial environmental risks, such as :-

a)         Residential properties with high value or large footprint.

b)         Commercial property sale or multi-sale portfolio screening.

c)         Bespoke risk screening for agricultural land holdings.

All of these categories can be quoted for immediately on-line, supported by a desktop risk valuation report starting from £125 and can be delivered within forty-eight hours.

Risks which require regulatory compliance checks for complex industrial sites and requiring site sampling and assessment, including intrusive investigation, will need to be supported by a survey report, which can be completed between four to ten days.

KEY E.I.L. BENEFITS

• The EIL insurance policy is specifically designed for lower risk, existing commercial properties and provides competitive premiums.
•  EIL insurance Cover is available for up to £5 million in the aggregate.
• Deductions typically start at £5,000 per claim.
• Covers liability arising under Part11A (EPA 1990), and the Water Resources Act 1991.
• Includes on-site remediation, restoration costs and loss of sale value for on-site property.
• Third Party property damage cover and legal expenses cover as standard.

 EIL insurance covers liability arising from pollution on-site prior to inception of the policy (i.e. historical pollution conditions) making the policy an ideal tool for property transactions