New Insurance Coverage for Radon and Silica Offered through Schechner Lifson Corporation
Summit, New Jersey – September 15, 2008, Schechner Lifson Corporation (SLC), a preferred provider of insurance and safety management services for the Stone Industry, in conjunction with an A+ rated insurer, has introduced a Pollution Liability Policy which includes coverage for Radon and Silica.
In the past months several articles have made very broad statements about Radon and Granite. Although there has been no confirmed litigation thus far, plantiff’s attorneys have been advertising on the Internet for potential clients. The combination of an aggressive legal system and media attention creates an atmosphere that may lead to potential law suits.
“A pollution policy designed by SLC is the first to offer coverage for Radon and Silica exposures” said Marc Rosenkrantz, President of Schechner Lifson Corporation. “This policy will enable fabricators, installers, and distributors to insure themselves and their businesses in the event of a suit or loss in cases involving Radon and Silica.”
Industry experts have declared this new pollution policy very important for the industry. Limits available for the pollution coverage range from $1,000,000 per occurrence, up to $10,000,000. Each policy has a $5,000 deductible. Premiums are as low as $3,000 per year with a three-year commitment. Preferred pricing is available for various associations, accredited fabricators and contractors.
For more information contact:
Marc Rosenkrantz, President
Schechner Lifson Corporation