PRIME CONTRACTORS POLLUTION LIABILITY KEY FACTS

The PRIME CONTRACTORS POLLUTION LIAIBLITY Coverage Form is an occurrence based policy designed to insure small to midsize contractors against environmental liabilities. Coverage is offered on a practice or project basis and can be written excess of other carriers CPL as part of a tower of insurance.

• Capacity: $25,000,000
• Minimum Premium: $1,500
• Minimum Deductible: $5,000

Highlights

• Occurrence Coverage Trigger for CPL

• Occurrence Coverage Trigger for Pollution Events arising from Transportation with built in Prior Occurrence

• Defense expense is outside the limit of insurance and deductible
• Broad Form Named Insured for majority owned subsidiaries and newly acquired entities
• Newly Acquired Entities afforded automatic coverage for up to 180 days
• Worldwide Coverage Territory
• Blanket Contractual Liability if required by written contract
• Blanket Waiver of Subrogation if in writing and prior to a loss
• Blanket Additional Insured provided on a primary and non-contributory basis (if in writing)
• Non-Owned Locations coverage provided on a Claims-made basis with no retro date.
• Emergency Costs (for up to 10 days) and Crisis Management Costs (for up to 6 months) included at full policy limits on a no fault basis

Target Classifications:

• General Contractors
• Street and Road
• Erection
• Concrete
• Demolition
• Environmental Remediation
• Roofing
• Trade
• OCIP/CCIP