Pollution Liability Insurance
/fəˈluːʃən ˌlaɪəˈbɪlɪti ɪnˈʃʊərəns/
Definitions
- (n.) An insurance policy covering liability arising from environmental pollution incidents, including cleanup costs and third-party damages.
The company purchased pollution liability insurance to protect against contamination claims.
Forms
- pollution liability insurance
- pollution liability insurances
Related terms
See also
Commentary
Often tailored to specific regulatory frameworks, this insurance is crucial for businesses handling hazardous materials or operating in regulated industries.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.