Introduction
Acts of political violence and terrorism have occupied the news in recent years. For an organisation to function in the global marketplace, it is essential to recognise the risk of terrorism and cater for the cost of sustaining profitable business activity in the event of an attack. In addition, there is a need for companies to protect their staff and corporate interests from such threats. The Terrorism insurance policy offers financial security against the threat of property damage and business interruption following an act of terrorism or civil unrest. PromiseLand works together with our clients and partners to tailor Terrorism insurance coverage as our clients’ needs evolve along with the changing security environment.
What does the product cover?
Terrorism insurance covers:
- loss or damage to the insured property
- loss of income
- and various extensions depending on the nature of the attack (for example, assailants’ motivations and allegiances can sometimes define how claims are processed).
Our specialized terrorism insurance advisers are experienced in the placement of many types of coverage, including domestic and global terrorism and sabotage coverage; nuclear, biological, chemical, and radiological coverage; and general terrorism liability coverage. Talk to us to get the best insurance solutions based on your risk profile to protect your organization, people and property.