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PARLL
(redirected from Pollution and Remediation Legal Liability)

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AcronymDefinition
PARLLPollution and Remediation Legal Liability (insurance)


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Lowry's coverage includes pollution legal liability (PLL), pollution and remediation legal liability (PARLL), defense legal liability, remediation stop loss (RSL), and an owner-controlled wrap-up program.
The most common insurance product is the Pollution and Remediation Legal Liability (PARLL) policy, which provides a stop-loss provision to limit on-site cleanup costs and also protects the insured from third-party bodily injury and property damage coverage," Vuono noted.
It is a tailored form of the Pollution and Remediation Legal Liability (PARLL) insurance policy, which provides coverage against third-party claims resulting in sudden and gradual pollution conditions, additional cleanup costs and legal defense.
 
 
 
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