Terrorism is now a very real and meaningful threat to many businesses. Attacks by small groups or lone wolfs are becoming more frequent, exposing businesses to far greater risk than in the past. Terrorism Insurance can help protect your business and its ability to continue to trade.
Terrorism can have a number of effects, not just the immediate physical damage. There’s lost revenue, and this won’t be covered by standard business interruption policies. Supply chain disruption is another common consequence, with terrorist incidents easily able to impact businesses miles away from the actual act. Our terrorism cover will look at the most common terror threats to your business and also consider the threats posed by risks in your local area.
- What’s typically covered?
- Damage to or destruction of your property
- Equipment and other contents
- Financial losses associated with the interruption of your business
- The cost of renting space to continue to trade
- Loss of revenue
"Miles Smith staff are friendly, extremely approachable, responsive and very much work with us, allowing us to get on with the day-to-day running and growth of our business"
Group Finance Director, Belfield Group
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If I am too busy to see a representative from Miles Smith what can I do?
Whilst we always prefer to undertake a site visit to fully understand your business requirements, at Miles Smith we appreciate your business requires daily management. If you are unable to accept a visit then we will happily conduct our exercise via phone or email.
Can you create one policy for all my contents?
Yes, we can. Our process involves a thorough appraisal of all your contents, whether that’s a fine art collection or prestige cars, before creating a bespoke policy that is designed just for you.