CHES Special Risk expands coverage for oil and gas contractors

CHES Special Risk expands coverage for oil and gas contractors


Comprehensive liability coverage: Addresses third-party injuries and property damage claims.
Tools and equipment insurance: Protects against theft or damage to high-value equipment.
Pollution liability: Covers incidents such as accidental fuel or oil spills.
Contractor’s errors and omissions (E&O): Mitigates financial losses from project errors or omissions.
Commercial auto and fleet coverage: Ensures vehicles used for transporting equipment are protected.
Business interruption insurance: Provides financial support in the event of operational disruptions.

For example, an Alberta-based welding contractor servicing oilfield equipment could face risks ranging from stolen tools to accidental pollution. With CHES’s policies, “the contractor can work confidently, knowing that their insurance has anticipated and addressed the unique exposures of their profession,” a news release said.

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