What does EIL mean? Read on to discover the definition & meaning of the term EIL - to help you better understand the language used in insurance policies.
Environmental impairment liability insurance (EIL) is insurance coverage for liabilities associated with environmental damage or pollution. Companies that may be at risk for losses associated with pollution often purchase these policies. It offers coverage for accidental pollution from normal operations, pollution that arises from products of the business, and other similar mishaps that result in environmental harm.
We hope the you have a better understanding of the meaning of EIL.