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FOR INTERMEDIARIES ONLY

Non-damage business interruption

Posted: 1 November 2019
The Counter Terrorism and Border Security Act is an important change in the law and will strengthen the resilience of UK businesses in the aftermath of terrorist attacks.

The provision for terrorism non-damage business interruption (NDBI) is a welcome and reassuring solution for the insurance industry and its customers.

At Allianz, through brokers, we are offering our customers the choice of purchasing damage cover and also non-damage cover (the cause of which is an act of terrorism) separately.

The new terrorism non-damage BI cover available is designed to reduce a gap in insurance and it is important to consider the differences between damage and non-damage BI when purchasing either or both.

The future threat of terrorism is difficult to predict, but your clients need to work with you to ascertain the best levels of cover for their potential needs.

This promotional material is intended for insurance broker use only and no-one else should rely upon it.
It must not be made available to anyone other than the intended recipient, either in its original form or any reproduction.