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What Are Political Risks For Business ? How to Transfer them

Losses Outside the Standard Insurance Policy

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 or Nationalisation" = Loss of Goods/Equipment/Equity Interests Loss Events Include :-

  1. Non-Delivery

  2. Non-Payment

  3. Contract cancellation

  4. Calling of Performance/Bid/Retention Bonds/Guarantees

  5. Non-Honouring of Letters of Credit

  6. Licence Cancellation

  7. Sanctions/Embargo

  8. Nationalisation/Expropriation/Confiscation of Assets

  9. Deprivation / Loss of Use of Assets

  10. Non-Repossession of Capital Equipment

  11. Currency Non-Transfer/Inconvertibility

  12. War on Land/Terrorism

  13. Business Interruption

  14. Non-Honouring of Arbitration

We have 35+ Years Proven and Positive Experience Guiding and Advising Commercial Companies as a "Virtual Risk Manager" to Recognise and Transfer Risk. We can also act as Insurance Broker being a FCA regulated Authorised Representative of Lloyds Broker Bellwood Prestbury.

A Problem Shared Is A Problem Solved - Act Now To Get Your Business on the the right footing.

We are Here to Help so call for a Free Confidential Review +447979801237 or check our website to book the Initial Consultation.

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