XL Catlin Adds Terrorism & Political Violence Coverage to Property Program

November 21, 2016

XL Catlin has enhanced its Platinum Property insurance program with a new terrorism and political violence insurance option.

XL Catlin’s Platinum Property program allows businesses to address 100 percent of their commercial property risks under one policy form, with one carrier. The new terrorism and political violence endorsements enhance XL Catlin’s property clients’ protection; helping address gaps in insurance coverage provided by the Terrorism Risk Insurance Program Reauthorization

With liability limits up to $100 million, XL Catlin’s Terrorism and political violence endorsement:

  • Includes a broad definition of terrorism including coverage for acts perpetrated for political, religious and/or ideological purposes;
  • Provides an option for political violence peril coverage – addressing the perils of war, civil war, coup d’etat, insurrection, revolution, rebellion, and mutiny.
  • Provides insurance coverage often limited or excluded by other property markets.
  • Coverage is provided by endorsement to the Property Platinum policy to provide a seamless solution addressing these additional perils under one policy.

XL Catlin’s property coverage is delivered by a team of underwriters, risk engineers and property claims managers who specialize in addressing large, complex property risks.

XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally.

Was this article valuable?

Here are more articles you may enjoy.