There are good reasons to consider Property Terrorism and Sabotage insurance from AIG
Growing reports of violent attacks in particular regions has aroused concerns in the wider world to this threat. Businesses should consider the risk to their operations from collateral damage from an event.
With no control over the timing, severity and location of such events, a risk mitigation strategy of safeguarding against the risk by taking out appropriate insurance on the property and lost income as a result, could mean the difference between minimising losses and irreparable damage to the organisation.
Who is it for?
Sectors that might consider they have a higher exposure to this type of event include:
Tourism and Leisure (Hotels, Resorts, Stadiums, Amusement Parks, ...)
Communications and Transport (Telephone, Airports, Metro, Railways, ...)
Government and Facilities Paratroopers buildings (Embassies, ...)
Public Supplies (Electricity, Water, Gas, ...)
Large, central public buildings
What is covered?
Our insurance against Acts of Terrorism was specifically designed to cover the following risks:
Sabotage - Deliberate subversion to cause harm or destruction of property
Terrorism - The unlawful use of violence against persons or property including policy objectives