Protection against damage caused by terrorist acts
Cost absorption for property damage and personal injury
Compensation for business interruptions
Crisis management and emergency measures
Expert advice
Terrorism insurance
Terrorism insurance is a special form of business insurance that protects companies against the consequences of terrorist acts.
This includes in particular property damage and personal injury, but also business interruption and loss of sales. The insurance kicks in if damage is caused by a terrorist attack or a comparable act of violence.
Insurance usually also includes crisis management and contingency planning measures to enable rapid and effective action in the event of an emergency.
Typical examples of damage
A typical example is an attack on a company resulting in property damage and personal injury.
In this case, the insurance covers the cost of damage to buildings, inventory and technology, as well as the cost of treatment and rehabilitation of injured persons.
Business interruptions can also be caused by terrorist attacks. In this case, the insurance provides compensation for the lost sales and the costs necessary to restore operations.
Terrorism insurance is useful for companies that have an increased risk of terrorist attacks due to their industry or location.
These include airports, train stations, utilities, government and administrative buildings, and large events.
However, companies that are located near potential attack targets or enjoy a high level of public attention should also consider terrorism insurance. Expert advice helps to assess the individual risk correctly and find the right insurance solution.