Policies that cover property loss and liability arising from pollution-related damages, for sites that have been inspected and found uncontaminated. It is usually written on a claims-made basis so policies pay only claims presented during the term of the policy or within a specified time frame after the policy expires. (See Claims-made policy )

"Pollution Insurance" In Context

"Bermuda insurer Ironshore has expanded its pollution insurance offerings to cover emerging risks in the oil and gas sector. Ironshore said yesterday its Environmental Insurance unit would expand the asset-class specific Site Pollution Incident ..."