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Our Monoline Contractors Pollution Liability Policy (CPL) provides coverage for
third party claims, bodily injury and property damage, including clean-up costs
that result from pollution conditions arising from operations of the non-environmental
contractor.
Non-environmental contractor classes include but are not limited to:
As environmental specialists, we have on many occasions witnessed insurance producers
believe that their accounts were free of any pollution or environmental exposure.
The reality is, however, that this kind of thinking can needlessly jeopardize your
agency's financial health by creating a serious and easily avoided E&O exposure.
Just as important, it also results in lost opportunities to generate additional commission income from existing accounts and generally improve the professional
standing of your firm. If you write any of the accounts referenced above and are
not offering pollution coverage, you may be missing a terrific opportunity.
Contractors
All contractors have a pollution exposure, and some of the largest pollution
losses can come from risks that are not classified as environmental contractors.
Serious pollution losses can arise while digging, moving or operating equipment,
performing any construction activity or can arise as a result of a fire, explosion,
storm, vandalism etc. Most CPL losses result from unforeseen and unpredictable circumstances
arising out of a variety of contracting activities.
To answer this exposure you
should be letting all of your contractors know that they can apply for Contractors
Pollution Liability (CPL). CPL can provide third party Bodily Injury, Property Damage
and Cleanup coverage for unintentional pollution caused by covered operations while
the named insured is working at sites that are not owned or occupied by the named
insured. CPL coverage usually ends once materials are moved beyond the boundaries
of the job site. As the name implies, contractors of all types purchase this coverage.
CPL policies may be written on either claims made or occurrence form, depending
on exposures. CPL policies can be written either on a job specific or annual basis.
Minimum Premium
Limit
- Limits up to $25 million on a blanket basis or for individual projects are available
Product Features
- Occurrence or Claims-Made Form
- Both Sudden and Gradual Pollution coverage
- Coverage for bodily injury including exposure to hazardous materials
- Extended retroactive coverage for prior claims-made coverage
- Contractual Liability
- Blanket or project-specific coverage available
- Prior acts coverage available
Submission Requirements
-
Burns & Wilcox Environmental Application
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