Environmental & Pollution Liability Insurance

There has been an increase in the levels of reported pollution incidents which is sharpening the government and social focus on monitoring and reducing our pollution impact on the environment. We are seeing stricter enforcement of the Resource Management Act 1991 with increasing penalties. As a responsible business owner, not only do you want to ensure that your pollution of the environment is low, you also want to ensure that in the event of a pollution incident you are able to afford the often crippling clean-up costs and penalties imposed. 

Industries such as agriculture, construction, property development, manufacturing, trades, transport, specialist asbestos cleaning, waste management, storage facilities and medical all have a need for this specialist cover. Here are some of the ways we can help to protect your business:

Environmental & Pollution Liability Insurance For Fixed Sites

Some very real scenarios are businesses who store any type of hazardous material at their site. If this should leak over time or suffer a sudden spill, you could end up contaminating the surrounding environment and require immediate remediation. This policy can provide cover for bodily injury, property damage and environmental damage caused by pollution incidents arising from locations that are owned or operated by your business. Most importantly, this policy will also cover the emergency response expenses required to contain and remediate the contamination on your site and/or your neighbours site where you may have a legal obligation to do so.

Some of the coverage benefits can include:

  • Both sudden and accidental and gradual pollution incidents.
  • Emergency response expenses.
  • Owned and operated locations are scheduled onto the policy.
  • Cover for transport-related pollution liability.
  • Cover for business interruption.
  • Optional statutory liability policy endorsement.

Environmental & Pollution Liability Insurance For Service Industries

Imagine transporting hazardous material when your truck overturns near a stream or river causing the hazardous material to spill onto the road and into the river. This business could face crippling clean-up costs as well as claims from both the council and/or any nearby businesses that may be affected as a result of the contamination. This policy can provide cover for your business for your legal liability arising from bodily injury, property damage and environmental damage caused by pollution incidents that occur when providing services. Most importantly this policy can also offer cover for emergency response expenses that are required to contain and remediate a contamination incident.

Some of the coverage benefits can include:

  • Both sudden and accidental and gradual pollution incidents.
  • Emergency response expenses.
  • Cover for asbestos related incidents.
  • Comprehensive protection for a wide range of contracting activities.
  • Multi-year policies are available for projects - up to 5 years.
  • Optional statutory liability endorsement.

Contractors Professional & Pollution Liability Insurance

Any contractor could encounter a contamination issue if they deal with asbestos. Traditional insurance policies will often exclude cover for asbestos. This policy can provide you - the contractor - with cover against professional acts, errors and omissions and the various environmental liabilities that are often not covered by professional indemnity or general liability policies.

Some of the coverage benefits can include:

  • A tailored liability cover for services by or on behalf of environmental consulting operations.
  • Transportation, non-owned site liability – covered on a blanket basis.
  • Broad definition of pollution including microbial matter, mould and asbestos.
  • Natural resource damage cover.
  • Emergency response expense cover.
  • Optional statutory liability Endorsement.
How We Can Help

Helping businesses prepare and plan for future unknown events is part of what we do and we take the time to understand your business, its unique insurance needs and requirements. We work with you to create a tailored solution for your business. At Moynahans Insurance we have access to large insurers and specialist insurers for those hard to place insurance covers. Freeing up your capital by offering and arranging premium funding options is one of the ways that we can help add value to your business.

Contact Us For An Obligation Free Quote!