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Environmental clean-up policies
Underwriter	Cover	Exclusions	Term	Reporting Period	Limit	Deductible/Excess	Minimum Premium	Cost
AIG Europe (UK) Ltd Tel: 0171 626 7866	Costs incurred in meeting requirements of remediation notice	Deliberate act	Usually 1 to 5 years	Extra 36 months available	£20m aggregate	£5000/£10 000 min	£5000	Variable
	Clean-up	Fines and penalties for environmental damage	Maximum 10 years
	Legal defence costs		Annual renewal available
Allianz Cornhill/Certa (UK) Ltd Tel:0171 903 6500	Costs incurred in remediating to standard quoted in policy	Post inception pollution	12 years plus	Within term	Variable	Variable	No minimum quoted	Typically 0.05% pa up to 0.25% pa based on ‘Limit’ - includes certification costs
	Clean-up	Deliberate act	Optional 8 year roll forward or
	Legal defence costs	Electro-magnetic radiation	Optional extension of
		Asbestos	6 years followed by an
		Non -specified uses	extra 7 years
ECS Underwriting Tel: 0171 711 0222	Costs incurred in meeting requirements of remediation notice	As appropriate	Up to 10 years	Extra 5 years available	Up to £10m aggregate	£5000/£8000 min	£15 000	Variable
	Clean-up
	Legal defence costs
Liberty Legal Indemnities/ BCD Underwriting Tel: 01892 863863	Losses incurred due to the serving of a remediation notice under S.78	Deliberate act	Usually 10 years	Within term	Usually upto £5m per site	No minimum quoted	No minimum quoted	0.05% to 0.1% per annum based on ‘Limit’
	Clean-up
	Ancillary costs
	Blight-reduction in sale value (cover for owners/mortgagees)
NHBC Tel: 01494 434477	(new section of warranty for new registrations from 1/4/99)	Consequential loss	As per warranty	Within term	Purchase price of home indexed at 12% pa capped at maximum of	As per warranty	Not applicable	Varies by builder
	Costs incurred by home owner in complying with remediation notice	Human health			£1m per housing association site and
	Clean-up	Financial loss by blight			£0.5m per private sector unit
	Ancillary costs	Deliberate act
	Property buy-back at NHBC’s option	Post inception pollution
Zurich Municipal - Building Guarantees Tel: 01252 522000	(Scheme starts later this year)	As appropriate	10 years	Within term	Variable	Variable	Variable	Variable
	Costs incurred in remediation		Extendible thereafter
	Clean-up
	Ancillary costs