Sabotage and Terrorism Insurance

Purpose

Protects declared property against direct physical loss or damage caused by acts of terrorism or sabotage as defined in the policy, subject to the locations, limits, deductibles and conditions shown in the schedule.

Main covers

• Direct physical loss of or damage to insured property caused by an act of terrorism or sabotage as defined in the policy.
• Buildings, contents, machinery, stock and other property specifically described in the schedule.
• Reasonable debris-removal expenses and professional fees may be included or added, subject to sublimits.
• Business interruption may be available under a separate section following covered physical damage, subject to the stated waiting and indemnity periods.
• Cover applies at the scheduled locations and during the policy period, subject to occurrence and aggregate limits.

Main exclusions

• War, invasion and hostile acts of sovereign states; civil war, rebellion, revolution, insurrection, mutiny, coup d’état, strikes, riots, civil commotion and malicious damage unless specifically included.
• Nuclear, chemical, biological, biochemical and electromagnetic weapon risks, subject to the applicable exclusions.
• Cyber acts, computer-system interference, electronic means, data loss or loss of functionality, except to the extent expressly covered.
• Confiscation, requisition, nationalisation, detention, embargo or destruction by public authority.
• Threat or hoax without covered physical damage, and preventive denial of access unless specifically endorsed.
• Consequential loss, business interruption, delay, loss of market or loss of use unless separately insured.
• Ordinary theft, looting, mysterious disappearance, inventory shortage and employee dishonesty.
• Known damage or circumstances existing before inception and property not declared in the schedule.