How Terrorism Coverage Can Reduce Risk

How Standalone Terrorism Coverage Can Reduce an Insured’s Total Cost of Risk

The frequency of politically motivated attacks is increasing, and terrorism insurance has become a necessary component of a comprehensive risk management program. Attacks can be large and high profile or small and discreet. Terrorism insurance is designed to protect businesses from the unpredictability of a terrorist attack, but traditional coverage may not be enough. Standalone terrorism coverage can be a more valuable alternative, and it’s important for brokers to evaluate these policies for their clients.