AIG launches environmental liability cover
AIG has released an environmental liability policy targeted at a wide range of commercial, manufacturing and industrial sites.
The insurer’s Enviropro product fills common gaps in general liability cover such as clean-up costs and losses arising from gradual pollution.
The policy also covers restoration of third-party sites, mitigation of pollution costs, third-party bodily injury and property damage, with optional extras such as first-party business interruption losses, transportation-related environmental liability and contractor operations-related risk.
The insurer’s Enviropro product fills common gaps in general liability cover such as clean-up costs and losses arising from gradual pollution.
The policy also covers restoration of third-party sites, mitigation of pollution costs, third-party bodily injury and property damage, with optional extras such as first-party business interruption losses, transportation-related environmental liability and contractor operations-related risk.