The appropriate limit of Asbestos Liability Insurance depends on several factors, including:
- The type of work you do
- The level of risk involved in disturbing asbestos
- The size and nature of the sites or projects you work on
- The potential for personal injury, property damage, or environmental contamination
Asbestos-related claims can be substantial, particularly when multiple parties are involved or legal action is initiated. Higher limits are generally recommended for businesses that:
- Work on older buildings where asbestos is more likely to be present
- Operate in sensitive or high-traffic environments such as schools, hospitals, or public buildings
- Take on large-scale or government-related projects
You may also need to hold a minimum level of cover to satisfy contract requirements set by clients, head contractors, or government departments.
We currently offer Asbestos Liability cover with limits of $10 million or $20 million, depending on your business needs and risk profile.
Contact us if you’re unsure which option is appropriate for your work.