Political Risk, Sabotage, and Terrorism Insurance
The world we live in is unpredictable, and businesses are increasingly exposed to a range of political risks that can impact their operations. Political Risk, Sabotage, and Terrorism Insurance arranged by UniTrust aims to provide protection against the financial repercussions of such events. This policy is designed to safeguard businesses from a range of political risks, including expropriation, political violence, forced abandonment, and more. It also covers losses resulting from acts of sabotage and terrorism.
Whether you operate in a high-risk industry or a volatile region, our team of experts at UniTrust can arrange a tailored policy that specifically caters to the challenges you face. We align ourselves with the most secure and reputable insurers to ensure that our clients receive the best protection possible.
Currency Inconvertibility and Non-Transfer
Sovereign Payment Default
Political risk insurance specifically covers the risks associated with political instability or change, such as government action or political violence that leads to financial loss. Standard business insurance typically doesn’t cover these unique risks.
Sabotage refers to deliberate acts intended to cause damage or disruption to a business or its operations. Terrorism, on the other hand, refers to acts of violence perpetrated by groups to achieve political, religious, or ideological objectives.
This type of insurance can provide compensation for financial losses resulting from political instability or change, including acts of terrorism or sabotage. It covers a range of risks, including expropriation, political violence, forced abandonment, and more.
The necessity of this insurance depends on the nature of your business and the locations where you operate. If you have operations in areas with political instability or high risk of terrorism or sabotage, this insurance can provide essential financial protection.
At UniTrust, we work to understand the unique risks associated with your business. Our team of experts will then leverage their knowledge and relationships with top insurers to arrange a tailored policy that meets your needs and provides optimal protection against political risks, sabotage, and terrorism.