What is Mandatory Liability Insurance for Hazardous Waste Storage Areas?
Those engaged in the collection, transportation, temporary and interim storage, recovery, reuse, and disposal of hazardous waste are required to obtain hazardous waste liability insurance according to the principles specified in the relevant regulation, to cover damages they may cause to third parties and the environment due to accidents arising from their activities.
Why?
It falls under the scope of Law No. 2872 “Environmental Law,” the “Regulation on General Principles of Waste Management” dated 05.07.2008 and numbered 26927, and the “Tariff and Instruction Communiqué Regarding Liability Insurances to be Taken Out for Hazardous Substances” dated 09.05.2010 and numbered 27576.
When?
Businesses must obtain the said liability insurance before starting their activities and must obtain the necessary permission from the Ministry. Hazardous waste liability insurance contracts concluded before the enforcement date of the Council of Ministers Decision No. 2010/190 remain valid until the end of their insurance periods.
Where?
All insurance companies licensed in the general liability insurance branch in Turkey are obliged to provide the specified insurances. In policies to be issued for hazardous substances, it is mandatory that liability clauses comply with the mentioned tariff and general conditions, that no exemption is allowed, and that they conform to the tariff, instruction, and the General Conditions of Mandatory Liability Insurance for Hazardous Waste.
Purpose
The purpose is to cover the liability of the activity owner who produces, stores, transports, or sells flammable, combustible, and caustic substances for bodily and material damages caused directly by these substances to third parties, whether or not there is fault, up to certain limits.
Important!
Institutions, organizations, and businesses that do not comply with the insurance obligation will not be granted permission for these activities.
Note: In case of non-compliance, it is appropriate to take necessary actions to avoid legal proceedings by the Ministry of Environment and Urbanization according to the relevant law.