The MIA Says Radon Is Not a Problem, But They Are Selling Insurance Just In Case
Wow, stunning hypocrisy. The Marble Institute of America (MIA) has announced that Schechner Lifson Corp., a preferred provider of insurance and safety management services for the stone industry, is introducing a pollution liability policy which includes coverage for radon damages.
“This policy will enable fabricators, installers and distributors to insulate themselves and their businesses in the event of a suit or loss in cases involving radon and silica.”
““Considering the current issue regarding possible radon emissions from granite countertops, this new policy is very important for the industry,”
The Insurance company requires a three year policy, and needs to see the last three years loss history on a company before issuing a policy. Limits available for the pollution coverage range from $1,000,000 per occurrence up to $10,000,000, with a $5000 deductible. The cost starts at $3000 per year. Limits on Radon exposure were not given.
Seems the MIA is thinking this Radon controversy might affect the bottom line and is advocating procuring insurance, just in case….
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