Oil Spill Insurance Broker launches oil leak policy
The product mainly targets HNW individuals who use home oil heating.
Oil Spill Insurance Brokers, part of the Ten Insurance network, has launched a product for home heating oil users. The policy can also be sold by other brokers.
The product, HomeSpill, is designed to provide financial protection from the high costs and liabilities that occur as result of an oil spill or leak causing pollution to land or water including groundwater.
Judy Hadden, founder of Oil Spill Insurance, said there were about 1.1 million households in Great Britain using home heating oil.
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