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 third and final in a series that 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 MuniProtect^SM 

PLL MuniProtect addresses the environmental exposures associated with municipalities.  Unforeseen pollution incidents arising from the operation of schools, parks, roadways, wastewater treatment facilities and other services may lead to third-party claims which, if left uninsured, may impact the financial resources of the municipality.  As a result, the funds available for these public services may be reduced.

Features and Benefits of PLL MuniProtect^SM  

• Clean-Up Costs, Property Damage and Bodily Injury are included in the policy form.  Underground storage tanks (USTs) can be scheduled by endorsement to the policy.

• Coverage is offered for Waste Disposal Activities, including illicit abandonment of waste by a third-party transporter.

• The policy specifically addresses bodily injury and clean-up costs for legionella pneumophila and microbial matter, which includes fungus, mold, and mildew.

• Clean-Up Costs are now included for bacteria and viruses, to the extent required by the Center for Disease Control or by the local health department.

• Emergency Response Costs allow an Insured to quickly respond to a pollution condition that requires immediate action, regardless of whether or not a written claim is received.

• CrisisResponse^® may minimize the impact of negative publicity surrounding an event.

• Coverage is available for Clean-Up Costs for new and unknown Pre-Existing Pollution Conditions.

• Protection from third-party claims for Clean-Up Costs, Bodily Injury, and Property Damage, including Natural Resource Damage, resulting from Pollution Conditions, is provided in the policy form.

The above is only a brief overview of Chartis' PLL MuniProtect^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 MuniProtect^SM or any of the other products from the quality carriers that offer similar solutions for municipality 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.