How are Political Risks Affecting Your Business?
Updated: Oct 13, 2022
How are Political Risks Affecting Your Business? What is Political Risks Insurance ? We explain and can help you now
Billions in Paid Losses have been made to Policy Holders from Political Risks Insurers. If We Could Explain How To Use Political Risks Insurance What Would That Mean To 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 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:-
· Confidential review of all documentation
· Draft bespoke wording for your Contract/Project
· Final price and coverage negotiation
· Agreement reached Policy issued for a fixed multi-year term
Call on +447979801237 or Email to arrange for a Free In Person Review Rupert.Cutler@Holtarka.com
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