Terrorism & Political Violence Insurance

Terrorism & Political Violence Insurance

Coverage

To indemnify the Insured for Property Damage of insured property, and/or business interruption, arising costs, and/or terrorism liability in cases of such damage directly caused by one or more insured perils, such as Act of Terrorism, Sabotage, Riots, Strikes, Malicious Damage, Insurrection, Revolution or Rebellion, Mutiny, War and/or Civil War; during the Period of Insurance at Insured Locations.


Exclusions

The Insurer shall not indemnify any loss or damage such as the following:

a) Property Damage:

  • Any loss arising from War (whether before or after the outbreak of hostilities) between any two or more of the following: China, France, the Russian Federation, the United Kingdom and the United States of America,
  • Loss, damage, destruction, distortion, erasure, corruption or alteration of Electronic Data
  • Loss or damage arising directly or indirectly from nuclear detonation, nuclear reaction, nuclear radiation or radioactive contamination, etc

b) Business Interruption:

  • Increase in loss or damage resulting directly or indirectly from interference at the Insured Locations, by strikers or other persons, with rebuilding, repairing or reinstating the property or with the resumption of continuation of Operations,
  • Increase in loss or damage caused directly or indirectly by suspension, lapse or cancellation or any lease, license, contract, or order, etc

c) Terrorism Liability:

  • Loss, injury or damage arising directly or indirectly from nuclear detonation, reaction, nuclear radiation or radioactive contamination,
  • Loss by seizure or illegal occupation unless caused directly by an act of terrorism, etc