Terrorism Insurance
We specialise in all kinds of property insurance, we tailor solutions to meet the needs of private homes, landlords and commercial portfolios.
TERRORISM INSURANCE
In an uncertain world, the risk of terrorism, while unlikely, can have devastating consequences for property owners and businesses. Terrorism insurance provides financial protection if your property is damaged or your business is interrupted due to an event such as bombings and other harmful acts meant to cause major devastation, fear or disruption.
At IPS we make sure your business or property is not left exposed to terrorism-related losses. The team offers fast quotes and ongoing support so you can make an informed decision to ensure your property or business is appropriately protected against this evolving risk.
Terrorism insurance is relevant to a wide range of clients, including but not limited to:-
- Commercial property owners and landlords
- Residential landlords and managing agents
- Retailers, offices and hospitality venues
- Public sector organisations and charities
Key Features of Terrorism insurance (subject to quotation/terms & conditions):-
Physical Property Damage
Buildings and Infrastructure: This typically covers damage to physical assets such as buildings, infrastructure, machinery and equipment. If a terrorist act results in destruction or damage to these properties, the insurance policy will cover the cost of repairs or rebuilding.
Contents and Stock: The insurance will also cover damage to goods, inventory and furniture within the insured premises. This includes the destruction of stock, office equipment or any other tangible assets.
Loss of Income
In the event that a terrorist attack leads to business closure or operational disruption, terrorism insurance can provide cover for loss of income and business interruption. If your business is unable to operate due to physical damage or enforced security measures following an attack, this policy offers compensation for lost revenue, helping to maintain financial stability during the recovery period.
Loss of Life or Injury
Certain terrorism insurance policies also provide coverage for bodily injury or loss of life resulting from acts of terrorism. This may include compensation for medical expenses, rehabilitation costs and death benefits for employees, customers or visitors affected by such incidents.