Terraffirm
An innovative solution for existing commercial properties
Terraffirm is our contaminated land policy, designed specifically for existing light or non-industrial commercial properties such as hotels, shops and restaurants.
It has been developed to provide purchasers of existing commercial properties with complete peace of mind from the threat of historical land contamination. By combining a comprehensive indemnity policy, backed by a detailed environmental report supplied by a specialist provider, Terraffirm offers the complete solution – and all at an extremely competitive one-off premium.
Key benefits
- Covers all clean-up and restoration costs plus any shortfall in the market value of the premises when sold in the future, following a claim on the policy
- The insured can make a claim on the policy as soon as a property is being investigated by a local authority
- Includes cover for third party property damage as standard, together with third party bodily injury as an optional extension
- All policies automatically cover not just successors in title, but also lenders, lessees and tenants
- Extremely competitive one-off premium
- Flexible cover options, including 10 or 15 years period of insurance
- Clear and concise policy wordings
To find out more about our exciting commercial contaminated land indemnity policy, visit www.terraffirm.co.uk.
