Political risk insurance provides protection for your property, assets, plant, machinery and business interruption from the following types of events when you are operating overseas in an unstable political environment:
- Civil commotions, riots, strikes, malicious damage and sabotage
- Confiscation, expropriation, nationalisation and deprivation
- Currency inconvertibility and non transfer
- War and terrorism
- Contract frustration
- Sovereign payment default
- Wrongful calling of guarantees or bonds
