Environmental & Construction Professional Lender Liability Policy

Distinguished offers a Pollution Legal Liability Plus (PLLP) form for lenders. Coverage is specifically tailored for lenders and provides protection against the loss of collateral value in a covered location because of a pollution condition or an indoor contaminant condition, in the event of a loan default at a covered location, which serves as the loan collateral. The coverage is for the lesser of the clean-up costs or outstanding loan balance owed to the lender by the borrower after the default.

Download a printable version of this information >> here.

Product Highlights:

  • Coverage for clean-up costs
  • Coverage for bodily injury and property damage (including natural resource damage)
  • Additional legal costs may be provided outside the limit
  • Occurrence coverage for the insured’s contracting services at job sites
  • Occurrence non-owned disposal site and transportation coverages
  • Business interruption, including contingent business interruption and delay costs for new pollution conditions
  • Mezzanine lenders may be added to the policy for additional premium
  • Borrowers may be added to the policy for additional premium with exclusions that will not necessarily apply to the lender
  • Policy can be assigned to a new lending institution if/when loan is sold
  • Types of loans covered
    • Acquisition
    • Refinance
    • Construction – development, tenant improvement
    • Bridge loan
    • Single site or portfolio transaction
  • Legal defense expense up to 100% outside of limits
  • Coverage provided by SiriusPoint


  • Limits of Liability up to $25MM/$25MM limits
  • Policy terms up to thirteen (13) years
  • Minimum SIR can be as low as $0 depending on favorable loan terms and site conditions

For more information, please contact: Doug Stepenosky at dstepenosky@distinguished.com.

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The information contained herein is intended for informational purposes only. Insurance coverage in any particular case will depend on the policy in effect and its governing terms, conditions, exclusions, and the facts of each situation. Please refer to the policy forms for details on specific coverage. Insurance coverage may not be available in every jurisdiction.

About Distinguished Programs

Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Fine Art and Collectibles, Environmental and Construction Professional, Executive Lines, Inland Marine, Real Estate & Builder’s Risk, Community Associations, Hotels, and Restaurants. Property and Liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished’s high-limit Umbrella programs remain the clear choice in its area of specialty for superior coverage, competitive pricing, and attentive service. Through thoughtful innovation, stemming back to 1995, Distinguished Programs fosters growth and opportunities for its brokers, carriers, and employees.

View a full list of our programs and submit business with Distinguished.

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