ENVIRONMENTAL LIABILITY
Prevention – and Environmental Liability insurance – is the key to ensuring that no unforeseen events affect your business. Environmental risks are increasingly a reality in companies. Therefore, adequate protection at the level of environmental impact risk is the safeguard so that your business will never be harmed.
This insurance, mandatory for the activities described in Decree-Law nº147/2008 of 29 July, is transversal to all businesses, since environmental impact can occur in any sector of activity, being a responsible and preventive attitude.
The solution integrates the protection required by law covering all the sites where the activity is carried out, as well as compensation for expenses resulting from the adoption of emergency measures to contain environmental damage.
There are several benefits related to this insurance:
- Comprehensive coverage: the insurance covers all locations where business activity is carried out, ensuring complete protection against environmental incidents at any facility;
- Legal compliance: meets the legal requirements, avoiding fines associated with non-compliance with environmental regulations;
- Financial protection: protects the company or organization from high costs resulting from environmental accidents, which can seriously compromise the financial viability of the business;
- Corporate reputation: demonstrates a commitment to responsible environmental management, which strengthens the company’s reputation with customers, partners and regulators.
GUARANTEES
- Expenses for environmental damage (costs, charges and expenses in research and repair);
- Cleaning expenses and expenses for damages caused to third parties as a result of polluting discharge;
- Environmental damage resulting from the activity in Portugal or possibility to include other countries of the European Union, Norway, Iceland and Liechtenstein;
- Annual validity of protection or option that covers damages with indefinite retroactivity, in order to ensure maximum safety.
