Environmental Asbestos Exposure Risk Insurnace

There are two main types of insurance products that apply to work conducted by asbestos abatement contractors:

Contractors Pollution Liability (CPL) policies are designed to respond to claims against contractors for pollution events related to their abatement operations. They will respond to claims asserted against asbestos abatement contractors for third party Bodily Injury, Property Damage, and Clean up Costs. They may be endorsed to provide coverage for pollution events during transportation of asbestos waste or materials used during abatement activities as well as pollution events at disposal sites that may come back to the generators of materials sent to disposal sites. There have been cases where abatement contractors have been held responsible under environmental laws for environmental claims against disposal sites because of their involvement in the disposal of hazardous asbestos containing materials.

Pollution Liability (EIL) policies are designed to respond to claims against asbestos abatement contractors for pollution events related to their owned facilities where they may store equipment or hazardous materials, including asbestos waste. This type of policy will respond to claims asserted against contractors for third party Bodily Injury, Property Damage, and Clean up Costs. They may be endorsed to provide coverage for pollution events during transportation of hazardous asbestos containing materials as well as pollution events at disposal sites that may come back to the generators of materials sent to disposal sites. In addition, First Party Business Interruption is typically an available enhancement to this type of policy.