CLS Expands Contaminated Land Insurance Suite
28th January 2011 Following the success of the recent collaboration of CLS and Landmark Information Group (LIG) to bring you market leading environmental insurance with Homecheck Professional, CLS are pleased to announce that we are now expanding our suite of contaminated land products to offer further cover options for both residential and commercial properties.
Residential Contaminated Land Insurance
Environmental reports – Potential risk
Regardless of the type of environmental search report that you buy, CLS now provides a policy that gives cover where a report identifies a potential risk which can be insured BEFORE an actual risk is confirmed. Now there is no need to contact the Local Authority, simply put this cover in place and the risk is dealt with.
EnviroSearch – increased cover
CLS are pleased to announce the launch of an "EnviroSearch Top Up Policy" which works in excess of the £60,000 warranty covered by the search provider (LIG). This new policy increases the cover to the full £1m currently offered under the standard CLS policy.
Commercial Contaminated Land Insurance
CLS are also proud to announce the launch of an online commercial contaminated land insurance scheme – a market first. CLS have worked in conjunction with Landmark Information Group to create an 'off the shelf' policy for commercial properties which covers the following all under a standard scheme policy, negating the need for a long winded bespoke referral process:
Remediation costs
Diminution in value
Third party property damage and bodily injury
This policy (and all other CLS Contaminated Land Insurance policies) is available to order online through our website (www.clsl.co.uk) with bespoke policies available from our legally qualified team of expert underwriters where specific requirements are found. If you would like to find out more about these, or any of our suite of defective title and legal indemnity policies, please visit www.clsl.co.uk or contact our underwriters on 01732 897_530.
