Ironshore Environmental is offering a COVID-19 endorsement that can be added to its contractors’ environmental legal liability (CELL) policy for certain contractor classes. The company’s CELL coverage responds to third-party bodily injury, property damage and remediation of environmental damages resulting from pollution incidents caused by contractors’ work at a job site, the firm said.
The new COVID-19 coverage is designed for experienced environmental and disinfection contractors. The endorsement is offered on a claims-made, practice, or project-specific basis with available limits of up to $5 million. The coverage is available with a minimum premium of $25,000 and a minimum deductible of $50,000.
“During this period of change and unprecedented uncertainties, contractors’ exposures are evolving along with the need for responsive insurance solutions,” said Michael Delmore, Ironshore Environmental CELL product line manager. “Ironshore’s COVID-19 remediation endorsement to our CELL policy is intended to help our insureds feel confident that they are protected against such emergent risks.”
Ironshore’s CELL policy also includes coverage for pollution liability associated with transportation, non-owned sites and time-element pollution incidents at insured owned sites, Ironshore said. The policy also covers costs associated with image restoration, disinfection events and pre-claim expenses.