Terrorism Insurance For Businesses
Sagar Insurances offers Terrorism cover to businesses, in order to help repair and rebuild any property destroyed in the event of a terrorist attack.
If you are considering purchasing terrorism insurance for your business, why not give Sagar a call today on 01282 858250?
Why does my business need terrorism cover?
- A commercial terrorism policy covers damaged or destroyed property—including buildings, equipment, furnishings and inventory. It may also cover losses associated with the interruption of your business.
- Terrorism insurance may also cover liability claims against your business associated with a terrorist attack.
- Most commercial property insurances exclude terrorism, including motor policies, or severely limit the cover provided automatically.
- UK insurers limit the limit of indemnity in respect of Employers’ Liability cover to £5,000,000 in respect of Terrorism.
Factors to Consider When Deciding Whether to Buy Terrorism Insurance:
A few factors to consider when deciding whether or not to insure yourself against terrorism include:
- Business location
Rural and residential areas are less likely to be targeted by a terrorist attack. Commercial urban centers, as well as airports and train stations, have a higher risk for terrorist attack
- Type of business
- Business location
Certain industries, such as the energy sector, have a higher risk of being targeted for terrorist attacks. If your business is part of a high-risk industry, you may want to consider purchasing terrorism insurance.
Contact Sagar Insurances for a quote
If you would like to find out more about the terrorism cover available from Sagar Insurance, or receive a quote for your business, then contact one of our advisors today. You can call our team directly on 01282 858250, or contact us online. Why not get in touch via our live chat service at the bottom right of this page? A friendly member of staff will be happy to help.