LEAKAGE & CONTAMINATION COVER


This extension is available only for Oil and Chemicals stored in tanks at insured premises. This extension pays for the loss of chemical by leakage from insured container/ storage tank due to accidental means.

For example, if the inter-connecting pipelines or valves of storage tank develop leakage / cracks by falling of any object then cost of leaked chemical / oil shall be payable under this extension up to the selected loss limits.


This extension also pays for loss or damage to stocks due to its contamination by accidental mixing with other chemical/oil due to an unintentional error by a third party contractor's employee. For example, if third party contractor's employees wrongly unload stock in a tank having a different chemical, it would lead to accidental mixing and contamination of entire stocks stored therein.

It may also be noted that any loss caused due to an error of insured's employee is not payable under this extension

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