PLL Commercial-SM is a unique, first-of-its-kind environmental policy form
modeled after a standard commercial general liability contract. The broad
insuring agreement is ideal for first-time environmental insurance buyers
and allows for efficiencies in covering a range of environmental risks.
PLL Commercial-SM provides blanket coverage for properties, disposal sites,
operations and transportation exposures and can be endorsed to provide
products pollution coverage. It is the only environmental insurance policy
available that automatically provides coverage for all properties and activities
associated with operations of the insured without scheduling each individual
site or operation.
Customer Profile:
• Chemical Facilities
• Manufacturing Facilities
• Medical Facilities
• High Tech Commercial Industry
• Research and Development Firms
• Educational Facilities
• Recreational Facilities
• Public Entities
• Laboratories
• Bulk Storage and Distribution Facilities
Benefits:
Provides broad coverage, which gives the
insured the security of knowing that environmental exposures
are protected without having to go through the process of
specifically identifying each exposure and choosing the corresponding
coverage’s General liability type policy language and
construction provides a more readable, understandable environmental
insurance policy particularly important for first-time buyers
By covering facilities, operations, transportation, and disposal
under one policy, PLL Commercial-SM eliminates the need for
multiple environmental insurance policies and minimum premiums.
Features:
PLL Commercial-SM offers the broadest environmental
form available and includes coverage for:
• Onsite cleanup coverage for insured premises triggered
by first-party discovery
• Third-Party claims for bodily injury, property damage & cleanup costs
(both on and off-site exposures)
Covers the insured’s liability from
the following exposures:
• Premises
• Contracting Operations
• Transportation (owned and non-owned vehicles)
• Disposal Sites
• Completed Operations
• Coverage for products pollution is available by endorsement
• No retroactive date is applied to the policy except
for non-owned disposal sites
• Reporting conditions under the policy are as soon as practicable
• Coverage for punitive damages, fines and penalties where allowable by
law
• Definition of bodily injury does not exclude mental anguish
• Natural resource damages are defined and covered in the definition of
property damage
• Can be endorsed to provide an incident reporting provision
• Policy provides option of up to 40-month extended reporting period
• Covers both sudden and gradual pollution conditions
Submission Requirements:
PLL Commercial-SM Application
Premium and Limits:
$1,000,000 limit, one year term MINIMUM
PREMIUM $5,000
MINIMUM DEDUCTIBLE $10,000
LIMITS AVAILABLE UP TO $10,000
Contact Us today to get your quote!
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