Terrorism Insurance
Specialized coverage for property damage and business interruption caused by terrorist attacks, sabotage, or civil unrest, which standard policies often exclude.
Protecting your business in times of increasing global uncertainty
Although we tend to associate the risk of terrorism with foreign countries, in an interconnected world, it poses a real threat even to Czech companies. Standard property insurance often has exclusions for such events. Eurovalley's terrorism insurance is designed for property owners, developers, and businesses located in high-risk areas (shopping centers, proximity to government institutions or infrastructure). It covers not only direct physical damage after an attack but also subsequent financial losses from business interruption when your company must be closed for security reasons.
Who is most at risk?
Locations with high concentrations of people
The primary targets of attacks are often so-called soft targets – shopping centers, office buildings, hotels, or sports stadiums. If you own or operate a business in such a property, the risk of damage (including indirect damage) is highest here.
Strategic Infrastructure and Neighborhoods
Danger also threatens businesses located near government buildings, embassies, airports, or energy hubs. An attack might not be aimed directly at you, but the blast wave or subsequent police lockdown of the area will impact you just as severely.
Exclusions in Standard Policies
Many business owners mistakenly believe their "All-risk" property insurance covers everything. However, clauses regarding terrorism and political violence are a common exclusion. This standalone insurance restores certainty to your risk portfolio.
Scenarios where insurance protects your business
Discovery of a Suspicious Object
An explosive device was reported in the shopping center where your store is located. The police closed the center for 3 days. Business interruption insurance will cover the lost profits for these days.
Damage During a Demonstration
During an international summit, a demonstration in the city escalated into violence. Rioters smashed your branch's windows and destroyed equipment. The insurance covers damages caused by civil unrest.
Production Sabotage
A disgruntled group sabotaged a key machine in your factory, aiming to cripple production for ideological reasons. The insurance company will cover the machine's repair and the loss from production downtime.
Attack in the Neighborhood
An explosion in the neighboring ministry building damaged the structural integrity of your headquarters. Although the attack was not aimed at you, your terrorism insurance will cover the resulting property damage.
How Eurovalley can help you
Cyber Insurance: Still Overlooked, But Increasingly Important
It's a paradox – companies invest millions in development, marketing, and human resources, but when it comes to protection against one of today's biggest risks – a cyberattack – they often struggle. Yet, cyber insurance can be the deciding factor in whether a company survives an attack or is brought to its knees.
Let's talk about terrorism insurance
Although we tend to associate the risk of terrorism with foreign countries, in an interconnected world, it poses a real threat even to Czech companies. Standard property insurance often has exclusions for such events. Eurovalley's terrorism insurance is designed for property owners, developers, and businesses located in high-risk areas (shopping centers, proximity to government institutions or infrastructure). It covers not only direct physical damage after an attack but also subsequent financial losses from business interruption when your company must be closed for security reasons.
