InsuranceAdditional living expenses Disability loss Fire insurance Indemnify Inland marine insurance Annuity Certain
Pollution insurance
In the world of finance, there are important policies that cover potential property loss and liability due to pollution-related damages. These policies are specifically designed for sites that have been inspected and deemed uncontaminated. They operate on a claims-made basis, meaning they will only cover claims that are presented during the policy term or within a specified time frame after the policy expires. This ensures that both the insurer and the insured are protected against any unforeseen environmental liabilities.
Related terms
Understand the meaning and definition of Additional living expenses in the context of stock market, trading, and investments.
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MOREUnderstand the meaning and definition of Fire insurance in the context of stock market, trading, and investments.
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