The storage of fuels, chemicals and other potential pollutants presents a unique set of environmental contamination risks.
These can lead to financial penalties and legal action for operators and business owners. Claims of this nature can easily exceed R1 million for an average-sized site and may take years to complete. The owner/operator will be held liable for the clean-up and rehabilitation costs. The government may fine up to R10 million and/or 10 years in jail for non-compliance following an incident.
The On-site Solution covers the Insured for environmental incidents arising from any above-ground storage tanks, underground storage tanks, silos, loading and offloading, products in the manufacturing process, warehousing and yard storage. This cover is designed to protect owners and operators of Dangerous Goods and potential pollutants from the extensive costs of pollution and rehabilitation following an environmental incident.
It is important for property owners/lessees/tenants to ensure they have adequate environmental cover to protect themselves against the costs they could face in the event of an environmental incident. Separate cover for service station forecourts is also available. The policy meets the licence requirements for financial provision for rehabilitation, as requested by government departments for licencing purposes
Cover Includes
Emergency response and spillage containment
Clean-up and rehabilitation
Environmental and ecological restoration
1st and 3rd party clean-up costs
Handling of the claim
Customised limits and underwriting
