Commercial
Contaminated Land Insurances
Future Climate Info has created a unique alliance with CLS, to deliver cost effective and innovative Contaminated Land Insurance solutions.
Overview
Whether buying or selling, redeveloping a property or managing day to day business operations, consideration must be given to the risk that the historical use of a property, or its current operations will cause harm to the environment and disruption to commercial activities. Furthermore, third parties may also highlight the potential for financial liabilities.
Insurance can be used to mitigate the potential impact of these risks and provides peace of mind and protection in a timely and cost effective way.
Our partners CLS offer a range of product options, designed to protect the investor, their mortgagees and tenants, with cover to include loss of market value, remediation/reinstatement costs and legal costs.
How to Order
To explore the options for your property or portfolio, contact our specialist environmental underwriters by emailing info@clspropertyinsight.co.uk with:
- an outline of the cover required
- available environmental searches and/or site investigation reports
- any correspondence with the regulators regarding the risk presented
- an indication of the current and intended use of the property
- details of any intended redevelopment plans
- a redline boundary plan of the area to be insured
- an indication of the limit of indemnity needed
Quick Facts
Cover For Remediation
Cover for remediation costs incurred in complying with a remediation notice served against the property in accordance with the Part II A of the Environmental Protection Act 1990.
Cover For Diminution
Cover for diminution in value of the property as a result of the identified contamination.
Optional Cover
Optional cover for third party property damage and bodily injury
Delivered in Partnership with
Our residential contaminated land insurance is delivered in partnership with CLS Property Insight and CLS Risk Solutions. For further information, visit www.clsl.co.uk
Try before you buy
To take advantage of a trial free order of your first environmental report, please complete the enquiry form and we will get back to you as soon as possible. We will need to take more details of the property or site and ask some more questions about your firm and the transaction.
