Environmental Liability Insurance
The Environmental Liability Insurance program is an integral part of sustainable business practice and a powerful tool for environmental protection and regulatory compliance. This type of insurance covers expenses related to managing the environmental impact a business may cause.
🔹 Key Benefits of the Environmental Liability Insurance Program
Environmental Damage Coverage
Covers expenses related to:
- Restoration or rehabilitation of biodiversity
- Prevention and mitigation of pollution or environmental damage
- Cleaning and decontamination of facilities
- Costs associated with emergency containment
Legal Defense Costs
Covers legal expenses related to lawsuits or claims concerning environmental issues.
Business Protection
Protects the business from financial losses resulting from environmental incidents or violations.
Reputation Safeguard
Helps preserve the company’s reputation and credibility in the market by demonstrating environmental responsibility.
This coverage is crucial for businesses operating in industries that may have a negative environmental impact, such as:
- Manufacturing
- Chemical processing
- Storage of hazardous materials
- Waste collection and transportation
Additionally, cost-effective packages are available for mandatory insurance related to accidental pollution arising from the collection and transport of non-hazardous waste, in accordance with Greek Law 4685/2020 and Presidential Decree 148/2009.
📞 Contact the Allsafe insurance advisors today to tailor the program to your company’s needs, ensuring that you protect both the environment and your business in the best possible way.
