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Printer Friendly Version
| | Environmental Products : PPL Port (Premises Pollution Liability Portfolio Insurance Policy) |
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| | | Application
Policy
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- PRODUCT OVERVIEW:
- The Premises Pollution Liability Portfolio Insurance Policy (PPL Port) is a program offering pollution coverage for owners, operators and managers of commercial property including habitational, commercial, hospitality and real estate portfolios.
- The PPL Port combines traditional new and pre-existing pollution coverage with built-in coverage options for non-owned disposal sites, contingent transportation, fungi and off-site operational pollution liability.
- PRODUCT DESCRIPTION:
- Claims-made Premises Pollution Liability Portfolio coverage form
- Off-site Operational Pollution Liability coverage on a claims-made basis with the ability to match existing retroactive coverage
- Non-owned disposal, contingent transportation, and fungal coverage offered within the policy form
- Optional Business Interruption coverage offered by endorsement
- Unscheduled locations
- Automatic Acquisition and divestiture coverage
- Illicit Abandonment coverage
- Non-Auditable Policy
- One, two, three and five-year policy term options
- Initial launch on non-admitted paper
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- Minimum Policy SIR: $25,000
- Minimum Premium: $10,000
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- $1M/$1M up to $25M/$25M inclusive of defense
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- Commercial risks
- Medical
- Hospitality and office
- Multi-tenant residential
- Recreational
- Educational
- Light industrial and warehouse
- Self-storage
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- Waste treatment, recycling, storage and disposal
- Heavy industrial and manufacturing
- Chemical and petrochemical manufacturing and distribution
- Oil & gas operations
- Agriculture
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- Underwriting of account's environmental management program and due diligence process as opposed to underwriting each location
- Elimination of potential coverage gaps with one policy with multiple-coverage approach
- Coverage for premises, operations, completed operations, Bodily Injury/Property Damage from pollution conditions, pollution clean-up - all under one policy
- Unscheduled locations
- Fungal coverage offered on a presence basis
- Automatic acquisition and divestiture coverage
- Experienced and responsive underwriting staff with a strong depth of expertise in environmental coverage
- Dedicated claim and risk control services
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