Environmental Impairment Liability Policy EIL-001-0712 The coverage provided by this policy contains requirements for claims-made and reporting to the insurance company listed in the declarations (hereinafter the company). Please read this entire form carefully. This policy has certain provisions and requirements unique to it and may be different from other policies the insured may have purchased. Defined terms, other than headings, appear in italics. Notice: the descriptions in any headings or sub-headings of this policy are inserted solely for convenience and do not constitute any part of the terms or conditions of this policy. I. INSURING AGREEMENT .................................................................................... 3 II. DEFINITIONS ....................................................................................................... 3 Affiliates............................................................................................................................................ 3 Auto................................................................................................................................................... 4 Bodily Injury ..................................................................................................................................... 4 Business Interruption Losses ............................................................................................................. 4 Cargo ................................................................................................................................................. 5 Carrier ............................................................................................................................................... 5 Claim(s)............................................................................................................................................. 5 Cleanup Costs ................................................................................................................................... 6 Corrective Actions ............................................................................................................................ 6 Defense Expenses.............................................................................................................................. 6 Discovered ........................................................................................................................................ 7 Environmental Laws.......................................................................................................................... 7 Insured(s) .......................................................................................................................................... 7 Leased Worker .................................................................................................................................. 8 Liabilities .......................................................................................................................................... 8 Loss of Rental Income....................................................................................................................... 8 Loss of Use........................................................................................................................................ 8 Mobile Equipment............................................................................................................................. 9 Mitigation Actions ............................................................................................................................ 9 Named Insured .................................................................................................................................. 9 Natural Resource Damage ............................................................................................................... 10 Non-Owned Disposal Sites............................................................................................................... 10 Operations ....................................................................................................................................... 10 Period of Restoration ...................................................................................................................... 10 Policy .............................................................................................................................................. 11 Policy Period ................................................................................................................................... 11 Pollutant(s) ...................................................................................................................................... 11 Pollution Condition(s) ..................................................................................................................... 11 Property Damage............................................................................................................................. 11 Regulatory Body(ies) ...................................................................................................................... 12 Restorative Actions ......................................................................................................................... 12 Retroactive Date .............................................................................................................................. 12 Scheduled Location ......................................................................................................................... 12 Temporary Worker .......................................................................................................................... 12 Termination Date ............................................................................................................................ 13 Third Party(ies) ............................................................................................................................... 13 Transported Cargo ........................................................................................................................... 13
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I. INSURING AGREEMENT 3 II. DEFINITIONS 3 Impairment Liability Policy EIL-001-0712 3 of 26 The Company, in consideration of the payment of the premium and in reliance
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Environmental Impairment Liability Policy
EIL-001-0712
The coverage provided by this policy contains requirements for claims-made and
reporting to the insurance company listed in the declarations (hereinafter the company).
Please read this entire form carefully. This policy has certain provisions and
requirements unique to it and may be different from other policies the insured may have
purchased. Defined terms, other than headings, appear in italics.
Notice: the descriptions in any headings or sub-headings of this policy are inserted solely
for convenience and do not constitute any part of the terms or conditions of this policy.
I. INSURING AGREEMENT .................................................................................... 3
II. DEFINITIONS ....................................................................................................... 3 Affiliates ............................................................................................................................................ 3 Auto................................................................................................................................................... 4 Bodily Injury ..................................................................................................................................... 4 Business Interruption Losses ............................................................................................................. 4 Cargo ................................................................................................................................................. 5 Carrier ............................................................................................................................................... 5 Claim(s) ............................................................................................................................................. 5 Cleanup Costs ................................................................................................................................... 6 Corrective Actions ............................................................................................................................ 6 Defense Expenses .............................................................................................................................. 6 Discovered ........................................................................................................................................ 7 Environmental Laws .......................................................................................................................... 7 Insured(s) .......................................................................................................................................... 7 Leased Worker .................................................................................................................................. 8 Liabilities .......................................................................................................................................... 8 Loss of Rental Income ....................................................................................................................... 8 Loss of Use........................................................................................................................................ 8 Mobile Equipment ............................................................................................................................. 9 Mitigation Actions ............................................................................................................................ 9 Named Insured .................................................................................................................................. 9 Natural Resource Damage ............................................................................................................... 10 Non-Owned Disposal Sites ............................................................................................................... 10 Operations ....................................................................................................................................... 10 Period of Restoration ...................................................................................................................... 10 Policy .............................................................................................................................................. 11 Policy Period ................................................................................................................................... 11 Pollutant(s) ...................................................................................................................................... 11 Pollution Condition(s) ..................................................................................................................... 11 Property Damage ............................................................................................................................. 11 Regulatory Body(ies) ...................................................................................................................... 12 Restorative Actions ......................................................................................................................... 12 Retroactive Date .............................................................................................................................. 12 Scheduled Location ......................................................................................................................... 12 Temporary Worker .......................................................................................................................... 12 Termination Date ............................................................................................................................ 13 Third Party(ies) ............................................................................................................................... 13 Transported Cargo ........................................................................................................................... 13
Environmental Impairment Liability Policy
EIL-001-0712
III. EXCLUSIONS .................................................................................................... 13 Acts of War ..................................................................................................................................... 13 Asbestos .......................................................................................................................................... 13 Automobiles .................................................................................................................................... 14 Certain Damages ............................................................................................................................. 14 Compliance Actions and Improvements .......................................................................................... 14 Contractual Liability ....................................................................................................................... 14 Course of Employment .................................................................................................................... 14 Insured versus Insured ..................................................................................................................... 14 Intentional or Illegal Acts ................................................................................................................ 14 Known Conditions........................................................................................................................... 15 Lead-Based Paint ............................................................................................................................ 15 Mold ................................................................................................................................................ 15 Silica ............................................................................................................................................... 15 Subsequent to Property Transfer ..................................................................................................... 15 Transportation ................................................................................................................................. 15 Underground Storage Tanks............................................................................................................ 16 Workers Compensation ................................................................................................................... 16 Wrongful Delivery ........................................................................................................................... 16
IV. LIMITS OF INSURANCE .................................................................................... 16
V. SELF-INSURED RETENTION ........................................................................... 18
VI. EXTENDED REPORTING PERIOD ................................................................... 18
VII. CONDITIONS ..................................................................................................... 20 Notice of Pollution Conditions and Claims ..................................................................................... 20 Defense and Cooperation and Assistance of the Insured ................................................................. 21 Inspection ........................................................................................................................................ 22 Actions Prejudicial to the Company ................................................................................................ 22 Mitigation Actions .......................................................................................................................... 22 Subrogation ..................................................................................................................................... 23 Named Insured as Agent ................................................................................................................. 23 Assignment ...................................................................................................................................... 23 No Action Against Company .......................................................................................................... 23 Changes ........................................................................................................................................... 24 Cancellation .................................................................................................................................... 24 Nonrenewal ..................................................................................................................................... 25 Additional Premiums ....................................................................................................................... 25 Representations and Covenants ....................................................................................................... 25 Other Insurance ............................................................................................................................... 26 Concealment or Fraud ..................................................................................................................... 26 Separation of Insured ...................................................................................................................... 26
Environmental Impairment Liability Policy
EIL-001-0712 3 of 26
The Company, in consideration of the payment of the premium and in reliance
upon all representations and warranties contained in the application submitted
to the Company and made a part of this Policy, including any addendum or
addenda, and subject to all provisions of this Policy subsequently set forth
herein, agrees with the Named Insured as follows.
I. INSURING AGREEMENT
COVERAGE
The Company shall pay, up to the Limits of Liability and in excess of the Self-
Insured Retention, on behalf of the Insured all:
• Cleanup Costs of the Insured;
• Liabilities for Property Damage to a Third Party (including Cleanup
Costs)
• Liabilities for Bodily Injury to a Third Party; and
• Defense Expenses
resulting from Pollution Conditions at, upon, within, under or migrating from a
Scheduled Location which commenced during the Policy Period or after the
Retroactive Date, if any and were Discovered and reported to the Company
during the Policy Period, the Automatic Extended Reporting Period or the
Optional Extended Reporting Period, if any. A Claim under this coverage must
be reported to the Company in accordance with Section VII. Conditions.
II. DEFINITIONS
Words and phrases in italics in this Policy have the following special meaning:
Affiliates
The term Affiliates means all affiliates of the Insured, including without
limitation, subsidiary or parent entities, shareholders, members, partners,