Terrorism Insurance
Stand-Alone Protection. Triggered by Facts, Not Politics.
Coverage built for developers, asset managers, and commercial property owners who can’t afford
uncertainty. Our stand-alone policy activates immediately, without waiting for government certification.
Coverage Highlights
- Up to $125 million per policy
- LMA 3030 (globally recognized terrorism wording)
- Up to 3 years
- Non-admitted, stand-alone terrorism & sabotage coverages
- Underwritten by certain carriers at Llyod’s, Hiscox Syndicate 33
- Policy-based definition of terrorism (no federal certification required)
Appetite
We provide flexible solutions for:
- Single location or full portfolios
- Builders risk projects
- Hospitality, retail, office, residential, industrial, and warehousing properties
Trigger to Payout: Stand Alone Vs TRIPRA Explained
| Category | Stand-Alone Terrorism Policy | TRIA/TRIPRA-Based Coverage |
|---|---|---|
| Defined in policy wording, includes political/religious/ideological motives | Requires certification by 3 U.S. officials and they must all agree in their verdict that an event is an act of terrorism. | |
| Once a loss meets the definition of coverage, it will be covered excess of any policy deductible(s). | Only covered if event certified and exceeds $5M losses | |
| Policy Provisions | Insure full portfolio or select properties | Event must be certified + $100M aggregate to trigger backstop |
| No government certification required | ||
| Pricing | Based on risk profile and industry | Calculated as % of all-risk premium |
| Claims Handling | Hiscox has 30+ years of global terrorism coverage experience. | Coverage only applies if the event is certified as terrorism by the U.S. government. |
| Over 25 years of terrorism claims handling with proven, reliable support during crises. | There is no legal recourse if the certification is denied, even if the loss is severe. | |
| Claims are triggered by the policy definition. No government approval is needed. | Certification must go through three federal departments, causing delays. | |
| A dedicated claims team works directly with the insured to resolve efficiently. | Payouts may be significantly delayed while awaiting government decisions. | |
