New Day Underwriting Managers has always made it a priority to keep its broker partners educated on the vast number of environmental and construction-related products available in the marketplace.  As part of this priority, throughout 2011 New Day will issue Product Highlights to our broker partners.  This is the second in a series that will highlight some of the products offered in Chartis Environmental's NextGen Protection^SM program.  These products offer "enhanced coverage targeted to specific industry classes facing potential exposure to environmental liability."

PLL Campus Protect^SM 

Environmental risk exposures in higher education, including indoor air quality, laboratory facilities and new construction or renovation activities, have been growing in recent years.  If these and other potential risks are not properly addressed, the organization may expose itself to environmental liability claims that likely would not be covered by a general liability policy.  Chartis' PLL Campus Protect^SM is a policy geared to the unique risks facing higher and post-secondary education.

Features and Benefits of PLL Campus Protect^SM  

• Coverage solution is tailored to the environmental risks that are faced by the higher education sector.

• Underground storage tanks (USTs) can be scheduled by endorsement to the policy. Unknown or phantom tanks are covered in the policy form.

• Coverage is available for the clean-up of unknown pollution conditions resulting from donated land and other acquired properties.

• The policy specifically addresses a variety of indoor air quality exposures including microbial matter (mold) and legionella pneumophila.

• Clean-up costs for viruses or bacteria as required by the local health department or Center for Disease Control is included in the policy form.

• Microbial matter (mold) is included in the definition of Pollution Condition. Coverage for clean-up costs, bodily injury and business interruption are included in the form.

• Business Interruption and Extra Expense including loss of rental value. 

• Emergency response costs allow an insured to quickly respond to a pollution condition that requires immediate action before they receive a written claim from a regulatory agency.

• Coverage is offered for waste disposal activities, including illicit abandonment of waste by third party transporter.

• CrisisResponse^® coverage may mitigate the impact of and expedite recovery from a loss arising from a crisis management event.

The above is only a brief overview of Chartis' PLL Campus Protect^SM product.  The information contained above has been provided by New Day Underwriting Managers LLC for general discussion purposes.  The information is not offered for the purpose of providing exact coverage terms or conditions.  Policies should be reviewed to understand all coverage terms and conditions.

For more information about Chartis' PLL Campus Protect^SM or any of the other products from the quality carriers that offer similar solutions for education clients, contact John Heft at 609.298.3516 ext. 105 or john.heft@newdayunderwriting.com to obtain an indication from Chartis, or any of the many quality carriers with whom we work.  We look forward to the opportunity to discuss how our extensive risk management expertise can help ensure that you are offering your clients the protection they need to guarantee the livelihood of their business.