Contractors Environmental Liability
In some instances, a Contractors Environmental Liability (CEL) policy is offered on a stand-alone basis. The CEL product is specifically for an Insured who works on third party sites (e.g. plumbers, tradespeople, and the like hence the reference to “Contractors”).
The CEL does not provide cover for any premises/properties which the Insured owns and/or occupies. CEL is available with a claims-made trigger or occurrence trigger. Typically, the type of trigger will depend largely on the risk and where offered, the occurrence trigger is always more expensive than a claims-made trigger. Sterling is able to assist with CEL.
Premises Environmental Liability (PEL) product is specifically for an Insured who owns and/or occupies property and who requires cover for a potential pollution event at such property (e.g. a factory, assembly plant, processing plant, and the like hence the reference to “Premises”). It is only available with a claims-made trigger. Unfortunately, Sterling cannot assist with PEL.