Z Choice: The right choice for your environmental coverage needs

Consider these scenarios:

• Your company acquires property to expand its operations. During construction, contamination from a previous use of the site is discovered. Your construction falls way behind schedule while you negotiate with regulatory authorities to find a solution.
• Your company receives a complaint from residents in the community alleging that you have caused contamination resulting in bodily injury and property damage. You must mount an expensive defense, even though it is likely that the contamination migrated through your property from an adjoining industrial facility.
• Your company has a sudden, on-site release that, despite your efforts, has caused the evacuation of nearby residents and impacted neighbouring wetlands.

Each of these examples can happen – and have happened.

This is why Zurich offers Z Choice, an environmental insurance policy that provides protection for owned or leased premises – at a competitive price.

Letting you design coverage to fit your needs

The Z Choice policy is fully customizable – allowing you to secure the coverage you require for your fixed-facility exposures. And you pay only for the coverages you choose.

Begin by selecting from among coverages such as cleanup costs, bodily injury, property damage or natural resource damages for new or existing pollution events. Then add to the program from the portfolio of optional coverages such as business interruption, mould, transportation of materials, financial assurance and many others.

You can even customize individual coverage limits up to an aggregate limit of $50 million.

Z Choice advantages

• Simple. Z Choice provides an easy solution to complex business decisions. Using a single policy format means Z Choice is easy to read and understand. You know the coverages you have just by reviewing the declaration page.
• Flexible. Customize your environmental coverages to build the policy your business requires. It’s easy to add and delete coverages as your needs change.
• Cost-efficient. Because Z Choice is fully customizable, your company pays only for the coverages you need.