Insurance Underwriters
require information in order to assess which insurance policy
is best suited for the user.
Below
are general guidelines provided by XL Environmental
that indicate the type of preliminary information required to assess policies
to cover Pollution Liability and Professional
Liability.
For
Pollution:
Basic
information on site activity and past land use
Existing
Environmental Studies or Documentation
Plot
plans of facility layout
Three
(3) years Loss and Premium History
Two
(2) years audited Financial Statements
XL
Environmental Underwriting Application
More
detailed information required and obtained at site survey should
insurance be purchased
For Professional:
Description
of current and anticipated future operations including representative
descriptions of previous projects
Three (3) years
Loss and Premium History
Two (2) years
Financial Statements
XL Environmental
Underwriting Application
Contract and
Bid Specifications, including scope of work (for project quotes)
