Are There Any Restrictions or Precautionary Rules? - Liability Insurance for Acute Pollution

Are there any restrictions or precautionary rules?

Where is the insurance valid?  - Liability Insurance for Acute Pollution

The insurance is valid in Iceland and within Iceland’s pollution control zone.

Where is the insurance valid? 

What are the insured's obligations? - Liability Insurance for Acute Pollution

What are the insured's obligations?

When and how is the insurance paid for? - General

The insurance premium must be paid on the due date. Upon renewal, the annual premium is adjusted in accordance with changes in the index from the base index of the agreement. Vörður sends payment claims monthly to online banking services, or annually if the policyholder prefers to pay the premium in a single installment. 

It is possible to change the payment method via Vörður's online service, “My Pages.” There, policyholders can also choose to pay premiums using a credit card. 

When and how is the insurance paid for?

When does insurance coverage begin and how does it end? - General

Insurance contracts are generally valid for 12 months from the date of acceptance of the offer and issuance of the insurance, and premiums are based on the annual premium. If the insurance is not terminated within that period, it is automatically extended. 

When does insurance coverage begin and how does it end?

How is the insurance terminated? - General 

The insurance can be terminated at any time during the insurance period. 

How is the insurance terminated?

Information Document

This liability insurance covers damages for which the insured may be held liable due to acute pollution under Article 16 of Act No. 33/2004 on the Prevention of Pollution of the Sea and Coast. The insurance is an add-on to business liability insurance and applies only to incidents that fall outside the scope of that insurance.

The liability insurance covers liability for damages incurred by the insured due to sudden pollution

What Is Covered?

Ábyrgðartryggingin tekur til skaðabótaábyrgðar sem fellur á tryggðan vegna bráðamengunar.

What Is Not Covered?

Liability Insurance for Acute Pollution

Liability Insurance

Terms and Conditions

Vörður operates according to the various policies and rules that can be found here on the website.

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