Working Overseas How Can I Insure Political Risks for My Business?
Updated: Jul 25, 2022
We will show you How to Use Political Risks Insurance to Boost Your Business
Global Instability = Commercial Opportunity Or Financial Loss? Use Political Risks Insurance to Reduce Your Risk and Boost Profits. Recognised and Proven Risk Transfer.
A Political Risks Policy is a Contract to Pay/Indemnify Following a Loss Which is Excluded from Most All Risks Aviation, Marine Cargo and Property Policies.
Two Types of Insured Loss
"Contract Frustration" = Contract Cancellation & Non-Payment for Goods/Services
2. "Confiscation & Expropriation" = Loss of Goods/Equipment/Equity Interests
Types of Loss Includes :-
Non-Payment
Non-Delivery
Contract cancellation
Calling of Performance Bonds/Guarantees
Licence Cancellation
Sanctions/Embargo
Nationalisation/Expropriation/Confiscation of Assets
Deprivation / Loss of Use of Assets
Non-Repossession of Capital Equipment
Currency Non-Transfer/Inconvertibility
War on Land/Terrorism
Business Interruption
Non-Honouring of Arbitration
We have 35+ Years Proven Experience as Risk Consultants and as a FCA Regulated Authorised Representative of Lloyds Broker Bellwood Prestbury to guide, advise, Negotiate with Risk Takers to Risk Transfer and recover Losses for our clients.
How do you arrange cover?
. Contact us for:-
· Free and Confidential review of your documentation
· Draft bespoke insurance wording for your Contract/Project
· Final price and coverage negotiation on your behalf with insurers
· Agreement reached Policy issued for a fixed term to suit you
Call on +447979801237 or Email to arrange for a Free In Person Review Rupert.Cutler@Holtarka.com
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