PARAMETRIC TERRORISM COVERAGE FOR: 

BUSINESS INCOME, EXTRA EXPENSE, & LOSS OF ATTRACTION

Coverage designed for the present realities of today. Coverage is flexible and can be tailored to each policyholder’s individual exposures and risks. 

Coverage Outline:

Coverage may include, but is no way limited to: 

  • Act(s) of terrorism occurring within a pre-determined radius from the insured location(s).

    • The radius can be set as 1, 5, 10, or another pre-set miles.

    • The policyholder can also select multiple locations to be covered under the policy.

  • Business interruptions and the subsequent decrease in revenue caused by an act of terrorism.

    • Can very easily supplement a policyholder’s existing terrorism coverage to protect against the economic effects of a terrorist attack.

  • With the Active Assailant Endorsement, mass shootings and other “lone wolf” type events are also covered under the policy.

COVERAGE FEATURES: 

  • No requirement for physical property damage for coverage to be triggered.

    • Unlike most traditional terrorism insurance products, which do require physical damage to trigger coverage.

  • No requirement for an Act of Terrorism to be certified by the US government.

  • Flexible Limits, from low to very large.

  • Competitive pricing relative to protection afforded.

  • Flexible deductible levels.

pOSSIBLE COVERAGE OPPoRTUNITIES INCLUDE:

  • Hospitality & Casino Enterprises

  • Stadiums, Arenas, Theme Parks, & Other Entertainment Venues

  • Manufacturing & Distribution Facilities

  • Transportation & Logistical Hubs

    • Including airports, sea ports, & rail depots

  • Conventions & Other Large-Scale Events

  • Public Utility Companies

    • Including power plants & distribution facilities