CLS launches planning refusal cover
MGA has worked with Team Partnership to develop the offering.
CLS Risk Solutions has launched an abortive planning costs product alongside risk management firm Team Partnership.
The product is designed to cover the associated costs of planning applications being refused.
The firms have secured capacity with Great Lakes Insurance SE, an arm of Munich Re, to provide the new offering.
Costs
Costs associated with planning refusal typically include site investigations, planning fees, project management costs, legal fees, and market research.
CLS said its
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