The Contractors Pollution Liability (CPL) policy is designed to offer protection for third-party environmental liabilities arising out of the covered operations of the insured. An array of coverage is available for the insured and their subcontractors with each solution tailored by our principal Insurer Environmental Risk to meet their special needs. Key Benefits • Coverage for sudden and accidental and gradual pollution • Claims-made or occurrence forms available • Coverage on a practice or project-specialist basis • Pollution ‘wrap-up’ solutions available for remediation or construction projects • Automatic coverage for biodiversity (natural resource) damage • Damage to third-party property including diminishment in value Coverage Summary • Liability for third-party bodily injury, property damage, trespass, nuisance or obstruction • Indemnity for clean-up costs incurred by the insured in relation to such third-party claims • Costs and expenses included for all claims within the policy limits Errors and Omissions Our principal Insurer's Environmental Risk can also offer professional liability coverage as an extension to the CPL policy. This will provide coverage for third-party claims due to pollution conditions, which arise out of the errors or omissions of the insured whilst performing professional services. | Programme Parameters • Limits available up to USD 25 million per policy • Minimum retentions of USD 7,500 • Minimum premium of USD 7,500 Our principal Insurer's Environmental Risk • With full underwriting authority within Our principal Insurers, we are able to maximize: - responsiveness to the local needs of insureds - Flexibility in coverage provided through bespoke solutions - consistency in our approach, and appetite • As part of Our principal Insurers, we are supported by a 1st-class network of offices throughout the region with a wealth of knowledge and experience. Contact Details For further information, please contact: Simon Poon Product Agent - SIMON POON AGENCY/WONG YOCK WAN AGENCY |
Contractors Pollution Liability Insurance Policy
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ABOUT The First Bilingual Environmental News Portal In Malaysia envdev21 EnvDevMalaysia is established and monitored by a former journalist who is currently a political activist. EnvDevMalaysia is dedicated to all Malaysians who hope to see a different paradigm of development . EnvDevMalaysia will be a collection of the environmental news and related articles in local media. Information on various issues will be provided to the readers. EnvDevMalaysia hope that the blog will become a resourceful and desirable website for Malaysians who are looking for any environmental related information in this country. In view of the continuous degradation of our environment and the depletion of our natural resources, the blog would say: capitalism is not the solution. For information sharing, please email to: envdevmalaysia@gmail.com | Oct 23, 2013, 1:58 PM | Simon Poon | |||
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The environment of Malaysia refers to the biotas and geologies that constitute the natural environment of this Southeast Asian nation. Malaysia's ecology is megadiverse, with a biodiverse range of flora and fauna found in various ecoregions throughout the country. Tropical rainforests encompass between 59% to 70% of Malaysia's total land area, of which 11.6% is pristine. Malaysia has the world's fifth largest mangrove area, which totals over a half a million hectares (over 1.2 million acres) | Oct 23, 2013, 1:51 PM | Simon Poon | |||
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Jabatan Alam Sekitar Kementerian Sumber Asli dan Alam Sekitar Aras 1 - 4, Podium 2 & 3, Wisma Sumber Asli No.25, Persiaran Perdana, Presint 4 Pusat Pentadbiran Kerajaan Persekutuan 62574 Putrajaya, Malaysia. | Oct 23, 2013, 1:52 PM | Simon Poon |