Our policy is specifically designed to protect businesses against environmental damage following the introduction of the Environmental Liability Directive. It's available for farmers and growers and small to medium enterprises.
LBU was formed by a group of insurance professionals to meet the needs of businesses following major changes to legislation for environmental impairment.
The new laws came into effect in 2009 and since that time LBU has been working with insurers to provide environmental impairment insurance to brokers for their policyholders.
LBU is now recognised as the leading supplier of environmental impairment cover and provides a unique quote and bind web-based service. LBU has built a reputation of providing brokers with advice and guidance, which can be cascaded to their clients to provide the broker with on hand guidance through the new risks faced.
Changes in recent legislation means every business is now at risk of prosecution if they cause damage to the environment.
Cover for up to £2,000,000 for loss resulting from any pollution in, on, at, under or migrating from the covered location or during transportation, including:
Cover for up to £50,000 First Party Business Interruption resulting from any pollution in, on, at, under or migrating from the covered location.
Cover for up to £1,000,000 for loss resulting from any pollution in, on, at, under or migrating from the covered location or during transportation, including: