Insurance Age

Businesses that fail to manage asbestos ..

Businesses that fail to manage asbestos may be refused insurance warns broker Jardine Lloyd Thompson. UK businesses with asbestos contamination on their premises now have a legal obligation to control/clean up the highly dangerous material or face fines and possible imprisonment, under new regulation. Many insurers now exclude cover for asbestos claims in standard insurances because of the growing number of claims in the UK and US.

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