google bot detected Nuclear Energy Liability Insurance | Insurance Glossary | Realestateagent.com

Nuclear Energy Liability Insurance


Definition of "Nuclear energy liability insurance"

Coverage for bodily injury and property damage liability resulting from the nuclear energy material (whether or not radioactive) on the insured business's premises or in transit. This insurance has become more significant since the Three Mile Island accident. In order to obtain a license for a nuclear facility, there must be evidence of financial responsibility such as insurance. Nuclear energy liability is excluded from nearly all other liability policies.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ