I wonder how many businesses in Boston have “Terrorism” coverage. Some companies allow a business to reject it for a credit and others build it into the premium. As shown by this incident, in a large metro area, it would be prudent to have it.
Only one wrap-up client has ever rejected terrorism from us, but I would suspect that insureds, wrap-up or practice, will be purchasing terrorism coverage with more frequency.
I wonder how many businesses in Boston have “Terrorism” coverage. Some companies allow a business to reject it for a credit and others build it into the premium. As shown by this incident, in a large metro area, it would be prudent to have it.
Only one wrap-up client has ever rejected terrorism from us, but I would suspect that insureds, wrap-up or practice, will be purchasing terrorism coverage with more frequency.