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What terrorism insurance covers?

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Question added by Tariq Omer , Sr. Trainer and Consultant Insurance , Watan First Institute
Date Posted: 2016/10/29
Mamoun elbaghir abdalla mhamad Eltayeb
by Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

Usually all insurance policies excludes some perils from insurance coverage such as war ,civil war ,strikes , riots, and a like.

But as far as I know , very recently insurance industry's experts introduce new insurance policy to cover the recently appears risks of terrorism .

 sorry for  this short answer , and this because I have now more knowledge and experience in this new side of insurance.

Best wishes

Muhammed Zawahir Adhnan
by Muhammed Zawahir Adhnan , IT Specialist/Administrator , SMSA Express (FedEx)

A coverage protecting again any terror attack

Majid Wangade
by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )

A commercial terrorism policy covers damaged or destroyed property—including buildings, equipment, furnishings and inventory. It may also cover losses associated with the interruption of your business. Terrorism insurance may also cover liability claims against your business associated with a terrorist attack.

Deleted user
by Deleted user

Terrorism is not covered under regular insurance policies due the missing element of (accident) as insurance only cover unexpected accidents and not planned attacks, because terrorism usually is planned. But, some insurance companies has exclusions can be added to a commercial policy in the western world, but I don't think it's available in the middle east. 

Abdelfattah mohamed hassan Abdelhafez
by Abdelfattah mohamed hassan Abdelhafez , مدير عام ببنك القاهرة بالمعاش حاليا , بنك القاهرة - المركز الرئيسي

 Thank you for your kind invitation

 

Terrorism insurance utter interview I have no information about him He apologized for the answer

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