PREVENTIVE MAINTENANCE AND INSURANCE COVERAGE

Mould and fungous derivatives are excluded from insurance contracts in the same manner as war, terrorism, pollution and nuclear risks. In 2003, most insurers added exclusions relative to mould to their commercial insurance coverage (property and civil liability). Canadian insurance companies have been on the alert since American courts granted huge settlements in cases of contamination related to mould. No longer will companies pay the costs of cleaning up mould caused by faulty ventilation or due to improper maintenance.

Preventive cleaning of ventilation systems is the best insurance coverage that building managers can buy! Regular inspection of ventilation systems allows the identification and elimination of potential sources of contamination, in addition to avoiding lawsuits by occupants and non-payment by insurers in case of an accident.

For more information, please refer to the document entitled Toxic Mould, A Growing Risk by Guy Carpenter.

• www.guycarp.com/portal/extranet/pdf/mold.pdf?vid=1
• www.citadel.ca