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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

  1. "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

Copyright All Rights Reserved Holtarka TM

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