Environmental insurance

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EnvironmentLiabilityProperty

Environmental insurance is designed to cover your company against any environmental damage intentionally or unintentionally caused by you. It is the perfect finishing touch to the preventive measures for contending with the financial consequences of contamination.

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General explanation

Maybe you do not agonise about environmental pollution because you do not produce any pollutants. You had better think again. Almost every production environment is at risk of contamination: rusting conveyor belts, overflowing water basins, leaking (underground) heating oil tanks,... What is more, environmental legislation is becoming ever more stringent. Hence the chances of you being held liable for some type of environmental damage are very high.

The problem is that such damage is difficult to manage and may soon increase dramatically. Moreover, standard fire insurance and/or liability policies do not apply in most cases.

Protection against environmental damage

Effective environmental damage insurance does not make any distinction on the basis of the location, the cause or type of damage. In the best case scenario, the exclusions are limited.

You are covered in the case of:

contamination of your own site, both accidental and gradual
liability for environmental damage affecting third parties
defence costs
clean-up costs
damage to biodiversity

Extensions for specific activities

If you run any specific environmental risks (at a construction site or as a transport company, for example) you can have these risks specifically included in your policy. ‘Loss of profits’ cover protects your company's financial balance sheet against the financial consequences of environmental damage.

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Contact: Paul Caekebeke

FleetLiability
L'assureur de protection juridique DAS annonce de nouveaux tarifs.
La compagnie d'assurance DAS appliquera une augmentation des primes pour les nouveaux contrats à partir du 01.07.2022. En outre, la société annonce...
03 June 2022
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Environmental insurance

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Protection against environmental damage

Extensions for specific activities

L'assureur de protection juridique DAS annonce de nouveaux tarifs.

Legal expenses Vehicles

Transport insurance