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Coverage Highlights

Coverage Highlights: Closure/Post Closure Financial Assurance

By September 2, 2017 March 11th, 2019 No Comments

Conservation United proudly offers Closure/Post Closure coverage to help clients satisfy financial assurance requirements imposed by local, state and federal regulators. In many jurisdictions, an insurance product can be used to satisfy financial assurance.

Product Details
Capacity – Claims-made/Primary: USD $50M  – $10,000 Minimum Premium

Coverage

Claims-made coverage when a regulatory body requires partial or final closure of a covered location
– Closure costs
– Post-closure costs
– Corrective action costs
– Reclamation costs

Typical Information Required

– Supplemental Application
– Regulatory approved closure plan and cost estimate
– Two years financial statements

Benefits & Services

– Coverage customized to satisfy the specific financial assurance requirements for a client’s business
– Integrated underwriting, risk consulting and claims handling
– Professionals with average 15+ years environmental/insurance experience
– Specialized in-house risk control consultants and claims handling
– Emergency response services available 24/7 for North America

 

Contact

Program Manager: Robert Johnston 1-855-570-2797 x.7058 rjohnston@conservationinsurance.com