In the world of finance, there are important policies that cover potential property loss and liability due to pollution-related damages. These policies are specifically designed for sites that have been inspected and deemed uncontaminated. They operate on a claims-made basis, meaning they will only cover claims that are presented during the policy term or within a specified time frame after the policy expires. This ensures that both the insurer and the insured are protected against any unforeseen environmental liabilities.
