Sabotage and Terrorism

There has been a growing concern about the damage inflicted by acts of political terrorists. Terrorist acts occurring throughout the world have focused worldwide attention on the threat of terrorism. 

Acts of terrorism and sabotage against corporate facilities have potentially far-reaching political and economic effects. The Property Terrorism and Sabotage Insurance offered by various markets seek to cover the sabotage, terrorism (excluding war and civil war) risks faced by multinational companies operating in countries where these risk are normally excluded from standard insurance programs.

Underwriters also offer Construction Terrorism and Sabotage Insurance covers that protect the interests of not only Contractors, but also Principals who invest huge sums of money in vulnerable geographies.