Political Risk Insurance can be taken out by businesses of any size & protects against revolution or other political conditions that can result in a loss.

Political Risk Insurance is available for several different types of political risk including :

• Political violence such as revolution, insurrection, civil unrest, terrorism or war
• Governmental expropriation or confiscation of assets
• Governmental frustration or repudiation of contracts
• Wrongful calling of Letters of Credit or On-Demand Guarantees
• Inconvertibilty of foreign currency or the inability to repatriate funds

As with any insurance, the precise scope of cover is governed by the terms & conditions of a policy.

The underwriting of Political Risk Insurance is a dynamic, growing business. As globalisation increases there are simply more corporations doing business in more places around the world.

Whilst Political Risk Insurance policies are often for specific situations, the major Political Risk Insurers operate standard forms of cover too.

For more information about Political Risk Insurance, Contact Our Commercial Team