Although it might seem unlikely that a terrorist attack could affect your business and its operations, the losses that you could incur by being uninsured could be massive – would it be worth the risk and would your business be able to survive?
A terrorist attack on or near your business premises could be extremely damaging for not only your building but also your employees and third-party visitors. For example, it could result in human casualties, business interruption, property damage and issues with legal liability. Plus, there might also be long-term damage to your brand and reputation too.
As terrorist attacks are now regarded by insurers as a foreseeable risk, as a business owner it is important that you take the responsibilities that you have for duty of care extremely seriously – otherwise you face a severe financial hit in the event of the unexpected happening.