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The TerraSure® Difference
Benefits and Features
The potential benefits of the TerraSure Program include:
- Guarantee regulatory closure for a fixed price
- Indemnify owners, buyers, and lenders/investors from environmental cleanup liability
- Protect against regulatory re-openers, third-party claims, and undiscovered contamination
- Transfer protection and indemnification to new owner(s)
- Reduce real project costs through innovative techniques and flexible, performance-based payment terms
TerraSure’s Unique Features
- Fully integrated technical and risk management (insurance) approach as opposed to a “bolt on” arrangement between engineering firm and insurer
- Favorable “milestone payment” terms
- Well-conceived and received contract document
- Fills the market gaps left by “cost cap” insurance
- TerraSure Associate Program allows other contractors/consultants to offer fixed-price remediation services by partnering with TerraSure
- Provides the only mechanism for insurance companies to issue "cost cap" policies.