Political Risks Insurance

Political Risks

Those businesses that provide funds for plant, equipment, and stock to foreign processors are exposed to the risks of a foreign government's refusal to permit export, confiscation, seizure, expropriation or appropriation. Additionally, war, civil war, revolution, rebellion, insurrection or hostile acts can also be threats to property. None of these perils are covered by the typical property insurance policy. Politically unstable countries create prime climates for this cover.