The Chubb Storage Tank Liability Insurance Policy (TankSafe) is designed to offer protection against sudden and gradual first and third party environmental liabilities arising from a storage tank at a covered location.
TankSafe offers a tailored solution to meet the specific needs of facilities with on-site storage tanks.
Coverage Highlights
Benefits
- Tailored policy covering pollution incidents emanating from storage tanks
- Coverage for sudden, accidental and gradual pollution
- Policy can be underwritten from the application form and supporting information only
- Automatic coverage for natural resources damage (biodiversity)
- Damage to third-party property including diminishment in value
Coverage
- Liability for third party bodily injury & property damage
- Indemnity for clean-up costs incurred by the insured in relation to a storage tank incident
- Legal defence expenses incurred in relation to a covered incident
- Coverage for fines and penalties against an insured company
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See how Chubb can help you get covered against potential risks.
