What does Naturally Occurring Substances mean? Read on to discover the definition & meaning of the term Naturally Occurring Substances - to help you better understand the language used in insurance policies.
Naturally Occurring Substances
Substances that are naturally present in the environment but still may expose organizations to environmental liability. Examples include mercury, arsenic, asbestos, pyrite, silica, and radon. Most of these substances are discovered during development or construction. For construction firms, the biggest exposure is disturbance of this material through excavation, street/road construction, and any other intrusive type work. Environmental and pollution liability policies often do not cover this exposure by exclusion, definition, or omission.
We hope the you have a better understanding of the meaning of Naturally Occurring Substances.