The SLEEP program basically offers the property owner
coverage for on-site cleanup when a pollutant is released,
plus cleanup of adjacent sites, provided that these
adjacent sites received their pollution as a result
of migration from the insured's property. The program
also offers third party bodily injure and property
damage, plus legal defense cost to the property owner.
Coverage Highlights: This
policy allows for different combinations of specific
coverage's.
Coverage A: provides on-site clean-up for a pollution
incident that originated from either the insured sites
or adjacent sites during the policy period. A $10,000
sub-limit for cleanup of damage caused by leaky underground
storage tanks, is included, plus additional tank coverage
is available at discounted standard rates.
Coverage B: is for off-site cleanup cost caused by
a pollution incident from current site operations that
migrates from an insured location to adjacent sites.
Coverage C: is for third party bodily injury and
property damage (including Cov. B) and defense cost.
Coverage's D, E and F: These three coverage's are
directly, and respectively, related to A, B and C above
and they cover historical pollution incidents that
was not know at the inception of the policy. The A,
B and C coverage's would naturally be a prerequisite
for these three coverage's and an inspection would
normally be required. Give us a call to talk about
inspection cost.
Key Points of Property Owner's Coverage:
• Coverage is flexible and easy to adapt to
a wide variety of possible exposures
• A simplified application
• Quick response on your request for quote
• Very competitive premiums
Contact Us to
get your quote today!