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

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.

  • Cost

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.