Environmental

Kraft Lake offers a storage tank pollution liability under our Environmental program.

Classes

Storage Tanks

Description

Kraft Lake offers a storage tank pollution liability policy which covers releases commencing after the policy retroactive date that emanate from scheduled storage tank systems for cleanup costs on-site and off-site, as well as third-party loss. This coverage can be used to meet U.S. EPA Financial Responsibility requirements. This coverage can be used to meet U.S. EPA Financial Responsibility requirements.

Target Markets

• Gas stations & Convenience stores
• Schools
• Golf courses
• Car dealers
• Hospitals
• Condominiums
• Hotels

Features

• Claims-made coverage
• Coverage for releases that start after the retroactive date on the policy
• Coverage for releases from scheduled storage tank systems
• Pays for necessary corrective action to clean up contamination from scheduled storage tanks
• Pays compensation for bodily injury and property damage to third parties that an insured is legally obligated to pay as a result of a release from a scheduled storage tank system
• Meets U.S. EPA Financial Responsibility requirements
• Covers spills from loading and unloading to operate the tank system
• Automatic six-month extended reporting period (ERP) plus optional ERP
• Deductible and “pay on behalf” wording
• Loss of business income coverage
• Dedicated limits per scheduled locations coverage
• Additional name insured per scheduled locations coverage
• Up to $50 million limit of capacity

Submission Requirements

• Your Foremost/Bristol West/Zurich Small Business Agent Code
• Completed application

Contact Information

Toll Free Number: 1-800-339-3114 Fax Number: 800-561-4582 E-mail: info@kraftlake.com Hours of Operation: Mon-Fri: 8 a.m. to 5 p.m. Eastern time Mailing Address: P.O. Box 3278, Grand Rapids, MI  49501