3rd Party Pollution Liability

From its genesis in 1972, OIL has offered its members 3rd party pollution liability coverage.

  • Coverage is provided for legal liability (including punitive damages) or contractual liability of members for personal/bodily injury, loss of or damage to property arising from a seepage, pollution or contamination incident (subject to the terms, conditions and exclusions of the policy).
  • Coverage is provided on a Non-Gradual basis subject to a 40 day discovery/120 day reporting requirement.

Many members rely on the pollution coverage provided by OIL and the $400 million block of capacity as a critical part of their insurance programs.