What's New January 31, 2010 Save money with multi-use environmental survey Environmental site surveys are an excellent risk management tool, although they are often considered solely to achieve a single objective such as to qualify for environmental insurance or to secure a business loan. To make a survey really work for you, try to make it perform several functions. Plan ahead for future uses such as: Qualifying for environmental insurance (and reducing the premium) Informing insurers for other property and casualty covers Business financing Occupational health and safety Spill control and emergency procedures As a component in a due diligence defence to future environmental charges. More survey tips A pre-binding survey at your expense is usually a necessary part of placing an EIL risk. We'll reduce the first year's premium by up to 10 per cent to help defray the survey costs. We'll absorb the cost of any renewal survey as well. For most risks, the survey will therefore be a one-time requirement, although there may be cases where mid-term acquisitions require additional or follow-up inspections. back

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