Environmental Impairment Liability  (EIL)

Provides Property owners coverage for both the sudden and non-sudden (gradual) release of pollutants which may have originated from their property. Environmental Impairment Liability Site Coverage (EIL) is an environmental insurance policy that helps cover the environmental risks that come with owning or operating a facility or site. EIL is also a strategic risk-management mechanism, with coverage that can help protect buyers and sellers from environmental liabilities in business transactions, such as those that can occur in a merger, acquisition or divestiture. EIL provides environmental coverage for losses due to on- or off-site pollution conditions, coverage for pollution conditions resulting from transportation and coverage for owned or non-owned disposal site-related environmental liabilities.

Program Highlights

• Coverage applies to sudden and gradual pollution conditions
• First-Party coverage for on-site cleanup of pre-existing and new pollution conditions
• Coverage for third-party claims for on-site and off-site clean-up resulting from pollution conditions
• Coverage for third-party claims for on-site and off-site bodily injury and property damage
• Coverage for liability associated with the disposal, transportation, treatment or destruction of  waste streams (CERCLA)
• First-Party coverage for business interruption
• RCRA financial responsibility assurance can be insured
• Defense coverage (within the limit of liability)
• Coverage for punitive damages, fines, penalties where allowable by law
• Natural resource damages
• Coverage for change in law/government re-openers
• Coverage for claims resulting from products
• Diminution in property value
• Coverage for underground storage tanks
• Contractual liability

Retentions $10,000 minimum and can be deductibles or self-insured retentions.
Submission Requirements:
EIL application - click here-
3 years loss experience, financials and Copies of Environmental Assessments.