XL Group Adds Pollution Insurance Protection For Food And Beverage Industry In North America
EXTON, Pa., March 19, 2013 /PRNewswire/ -- To recover from accidental ammonia discharges, pathogen contamination or wastewater treatment gone awry, the food and beverage industry now has a new pollution insurance policy option from XL Group's Environmental team that helps address their environmental liability, clean up and disaster response concerns.
"Few food and beverage businesses can afford a disruption to their operations in the event of a pathogen outbreak or other accidental pollution incident," according to Matthew O'Malley, President of XL Group's North America Environmental business, "These incidents can be costly and time consuming. Fortunately, new tailored environmental insurance coverage can help food and beverage businesses quickly address and clean up if contamination or pollution conditions arise at their facilities."
"Given some very high-profile contamination and recall cases in the news, we've worked hard to develop a policy that carefully addresses the environmental issues and expense concerns that can keep food and beverage company executives up at night," explained Matt. "The result is a coverage more tailored and applicable to the real risks that can cause problems in their operation or harm their bottom line."
XL Group's Environmental Food and Beverage policy provides the standard Pollution and Remediation Legal Liability coverage that has been offered by XL Group's Environmental business for nearly three decades, offering financial protection for on and off-site bodily injury and property damage claims as well as cleanup and legal expenses.
XL Group's tailored Environmental Food and Beverage Industry policy adds protection for both disinfection and disaster response expenses including:- Costs to clean and disinfect storage areas and processing equipment
- Disaster response advisory expenses
- Medical expenses
- Temporary living expenses
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
