ACE Enhances TankSafe Policy
Streamlines Environmental Coverage for Tank Owners and Operators
ACE has introduced an enhanced, easy-to-use ACE TankSafe® program that streamlines environmental coverage for owners and operators of aboveground and underground storage tanks.
Storage tank owners and operators face significant pollution risks and often must satisfy federal and/or state requirements to demonstrate financial responsibility. Companies and organizations with storage tanks range in size from small to the largest operations and span a diverse set of industries from healthcare facilities, municipalities, educational institutions, auto dealerships, gas stations and convenience stores, to airports, marinas, commercial and industrial facilities and manufacturing plants.
The enhanced ACE TankSafe program leads the industry and addresses the needs of storage tank owners and operators to manage their aboveground and underground storage tank coverage with an integrated solution:
- Combines aboveground and underground coverage in a single policy
- Available through online platform that simplifies submission through policy and certificate issuance for brokers and tank owners and operators
- Available on an admitted basis in forty-eight (48) jurisdictions or on a non-admitted basis where necessary
- Cost-effective solution
- Builds on the ACE TankSafe offering launched in 2003
Key features include:
- Coverage for third-party bodily injury and property damage claims resulting from storage tank incidents involving scheduled tanks
- Coverage for corrective action costs resulting from storage tank incidents involving scheduled tanks
- Available on an admitted basis in forty-eight (48) jurisdictions and on a non-admitted basis where necessary
- Instant online certificate issuance that satisfies federal and/or state requirements for storage tank financial responsibility
- Electronic account management
- Experienced underwriters for large, unique tank risks or tanks installed prior to 1975 that require tailored solutions
- Dedicated claims specialists
- Customized tank risk control services available through ACE’s ESIS Health, Safety and Environmental Services, including Spill Prevention Control and Countermeasures (SPCC) Plans and underground storage tank management systems
Learn more about the ACE TankSafe® program or Get a Quote.