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					Chubb Environmental Solutions


Environmental Site Liability Insurance
B  odily injury. Property damage. Remediation costs. The effects of pollution can be
   far-reaching – and devastating. Chubb’s Environmental Site Liability insurance offers
protection against a wide array of environmental risks.

Customer Profile
Environmental Site Liability insurance helps protect companies from the uncertainty of
potential environmental liabilities associated with owning or operating facilities or sites
and protects buyers and sellers in mergers, acquisitions or divestitures. These companies
include:
• Commercial property owners and developers
• Real estate portfolio owner/managers
• Real estate investment trusts (REITs)
• Schools and colleges/universities
• Municipalities
• General manufacturing companies
• Fixed-based airport operators
• Food processors
• Power generation operators
• Waste treatment, storage and disposal operators

Coverage as Easy as A, B, C and D
Chubb’s Environmental Site Liability insurance offers four insuring agreements to provide
the needed protection:

Coverage A
Addresses liability for bodily injury, property damage (including natural resource
damages and diminution in value) and remediation costs arising from known or unknown
pre-existing pollution incidents at or migrating beyond an insured site. Also addresses
first-party remediation costs.

Coverage B
Addresses liability for bodily injury, property damage and remediation costs arising from
new pollution incidents at or migrating beyond an insured site. Also addresses first-party
remediation costs.

Coverage C
Addresses liability for bodily injury, property damage and remediation costs resulting
from pollution incidents at or migrating beyond an insured site that is neither owned nor
operated by the insured, such as a warehouse, waste transfer station or disposal facility.

Coverage D
Pays for business interruption expenses resulting from pollution incidents at an insured
site that suspends operations at that site.
Product Highlights                                                                                                                                                                     Solvents spell liability
Chubb’s Environmental Site Liability insurance provides the flexibility of a nonadmitted policy form                                                                                    A semiconductor man-
and is designed to address emerging environmental risks. Highlights include:
                                                                                                                                                                                       ufacturer contaminates
• Primary insurance coverage
                                                                                                                                                                                       adjacent property with
• Designated insured sites can be located anywhere in the world
• Multiyear policy terms                                                                                                                                                               chlorinated solvents.
• Discovery trigger for on-site cleanup                                                                                                                                                The manufacturer is
• Coverage for formerly owned or operated designated sites                                                                                                                             sued, resulting in a
• Remediation costs include restoration costs                                                                                                                                          $10 million settlement.
• Potential claims may be reported for five years after coverage terminates
                                                                                                                                                                                       Chubb’s Environmental
• Above-ground storage tanks automatically included
                                                                                                                                                                                       Site Liability insurance
• Automatic 60-day extended reporting period
• Optional coverage for underground storage tanks                                                                                                                                      helps protect the
• Optional extended reporting period for claims of up to four years                                                                                                                    manufacturer against a
• Optional coverage for transportation of cargo                                                                                                                                        potentially huge loss.
• Optional mold coverage subject to individual account underwriting

Experienced Insurance Underwriting                                                                                                                                                     Legacy means cleanup
Chubb Environmental Solutions provides an experienced team of environmental and business                                                                                               A large corporation
professionals – including underwriting, engineering and legal specialists – who develop insurance
                                                                                                                                                                                       purchases a former
programs that meet your company’s unique needs.
                                                                                                                                                                                       quarry site, and soil
Valuable Loss Control Recommendations                                                                                                                                                  testing indicates high
Chubb maintains a global network of loss control professionals who have the technical skills and                                                                                       lead levels stemming
industry-specific knowledge to offer practical and cost-effective suggestions for loss control and                                                                                      from operations
disaster planning. Our environmental specialists have completed course work in environmental
                                                                                                                                                                                       decades ago. Chubb’s
sciences, environmental law, site assessments, hazardous waste and/or ISO 14000 training. Our loss
control recommendations can help customers reduce the probability of loss and improve the odds                                                                                         Environmental Site
that, if a loss does occur, its severity is minimized.                                                                                                                                 Liability insurance
                                                                                                                                                                                       pays for remediation
Responsive Claims Service                                                                                                                                                              and follow-up testing
Chubb has built an unparalleled reputation for treating customers fairly and providing
                                                                                                                                                                                       that results in a
responsive customer service. If you have a claim, you can be confident of receiving superior
service 24/7.                                                                                                                                                                          “no further action
                                                                                                                                                                                       required” status from
Enduring Financial Strength                                                                                                                                                            the state environmental
Chubb’s strong balance sheet and superior credit rating are assurances of our enduring financial                                                                                        protection agency.
                                                                                      1
strength. Agents and brokers consistently rank Chubb at the top of the insurance field , and
customers have chosen Chubb for more than a century.

1. Goldman Sachs U.S. Research Property/Casualty Insurance Rate Survey of Producers, February 24, 2004.



For past, present and future protection, Chubb Environmental Solutions is your
essential resource. To get more information about Chubb’s Environmental Site
Liability insurance, call your insurance agent or broker.




                                                                  Distribution of this literature is limited to licensed surplus lines brokers. This literature is descriptive only.
                                                                  Actual coverage is subject to the language of the policies as issued.

                                                                  Chubb Custom Market refers to Chubb Custom Market Inc., 55 Water Street, New York, NY 10041.

                                                                  Chubb refers to the following member insurers of the Chubb Group of Insurance Companies:
                                                                  Chubb Custom Insurance Company, Executive Risk Specialty Insurance Company, Federal lnsurance
                                                                  Company, Great Northern Insurance Company, Pacific Indemnity Company and Vigilant Insurance
                                                                  Company. Chubb Custom Insurance Company is an eligible surplus lines insurer in all states except
                                                                  Delaware and New Jersey, states in which it is an admitted insurer. Executive Risk Specialty Insurance
Chubb Group of Insurance Companies                                Company is an eligible surplus lines insurer in all states except Connecticut, where it is an admitted insurer.
                                                                  Not all insurers do business in all jurisdictions.
Whitehouse Station, New Jersey 08889
www.chubb.com                                                     Form # 66-01-0002 (Ed. 2/05)

				
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Description: Bodily injury. Property damage. Remediation costs. The effects of ...