Terrorism Insurance on UK Property | Terrorism Cover

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Terrorism insurance is generally purchased by property owners to cover their potential losses and liabilities that might occur due to terrorist activities.  The majority of UK property insurance policies whether insuring a block of flats or an individual house, do not including terrorism cover.

Terrorism insurance is usually brought along with the main property insurance policy at quite a considerable additional cost.  This cost can often be passed onto the residents or leaseholders of the insured property, so another burden on the service charge.  You can arrange cover for terrorism either through your buildings insurance policy or as a stand alone policy.

Woodstock can offer a stand alone policy from one the worlds leading insurers at a fraction of the usual premium, as well as offering an alternate if needed for the main building premium

Terrorism cover is needed because It is considered to be a difficult product for insurance companies to include automatically , as the odds of terrorist attacks are very difficult to predict and the potential liability enormous. For example the September 11, 2001 attacks resulted in an estimated $31.7 billion loss.

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