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Insurance Definition: POLLUTION INSURANCE

By Compuquotes Team on March 27th, 2008

POLLUTION INSURANCE:

Definition:

  • 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)

Information provided by Insurance Information Institute

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