FUEL RETAILERS & DEPOTS

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Overview

With extensive experience in the insurance industry, we understand that every fuel retailer and/or depot face a unique set of risks. That is why we tailor policies to meet our clients’ specific requirements. Our insurance solutions, specifically designed for the petroleum industry, take every aspect of a business into account.

 

Key features of cover:

Fuel leakage

Storage tanks

Under and above ground

Contamination of environment

Contamination of fuel

Loss of income after insured event

Theft of fuel

from underground tanks, without forceable and violent means

Absconsion by customers

Damage to buildings following theft

Malicious damage to property

Forecourt negligence

Food poisoning

 

 

Read more about Envirosure® by visiting their website: www.envirosure.co.za

UNDERGROUND STORAGE TANKS

Envirosure’s Underground Storage Tank (UST) cover is designed to protect owners and operators of USTs from extensive pollution and rehabilitation costs that result from environmental incidents. The cover includes clean-up costs for unforeseen and gradual pollution incidents, as well as access to HazCall 24, a 24-hour emergency call centre.

Furthermore, the policy meets the Department of Energy’s “Proof of Financial Provision for Rehabilitation” fuel retail license requirements.

Did you know

Claims of this nature can easily exceed R1-million.



ABOVE GROUND STORAGE TANKS

Management of pollution and contamination risks are very important for business operations. Therefore, Envirosure’s On-Site Environmental Impairment (OSEI) insurance provides coverage for environmental incidents that emanate from the above ground storage of fuels and other depot risks.

The OSEI insurance will cover fuel depots and other similar facilities against pollution risks from above ground storage tanks, warehousing, loading and offloading, and yard storage, to mention a few. Access to HazCall 24, a 24-hour emergency call centre, is also included.

Did you know

The Department of Environmental Affairs may fine up to R10 million and/or 10 years in jail for non-compliance following an environmental spillage incident. NERSA can fine up to R2-million per day.