CHES Special Risk has launched a new range of products to address active shooter and terrorism risks.
The company’s active assailant insurance package protects against losses businesses and their owners could sustain following an active shooter event. The package’s coverage includes:
CHES’s terrorism insurance package addresses risks more in line with terrorist activity – this notably includes cyberterrorism. This product’s coverage includes:
While CHES’s terrorism package deals with losses sustained directly after a terror incident, the “threat of terrorism” package looks to mitigate the damages caused by the mere threat of a terror act – even if no property damage has occurred. There is no property damage trigger required for this insurance to take effect. Coverage of the product includes:
In addition to the three packages, CHES has also launched a loss of attraction cover – a standalone product for large clients such as stadiums, and shopping malls – where a threat of an incident forces an event venue to close for investigations, which could lead to loss of revenue for businesses.