Political Risk Insurance

Political Risk Insurance is a type of Insurance which covers any losses to businesses caused by any revolution or political conditions in a country.

Political risk insurance is available for several different types of political risks which are mentioned below.

  • Political violence, such as revolution, insurrection, civil unrest, terrorism or war.
  • Governmental expropriation or confiscation of assets.
  • Governmental frustration or repudiation of contracts.
  • Wrongful calling of letters of credit or similar on-demand guarantees.
  • Business Interruption.
  • Inconvertibility of foreign currency or the inability to repatriate funds.

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