Nuts & Bolts:
The 天美网站传媒传媒 Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio to help protect businesses against terrorism risks, including losses from biological and chemical attacks. The portfolio introduces LexBioChem Shield, a new biochemical terrorism endorsement for customers purchasing property terrorism coverage from 天美网站传媒传媒 member companies, either on a property terrorism standalone basis or within a property policy. The new endorsement covers clean-up and business interruption expenses arising from a biological or chemical attack committed domestically by U.S. or non-U.S. citizens. A “prevention of re-occupancy” provision covers the full amount of an insured property’s value, subject to the policy sublimit, when civil authorities do not allow the insured to re-occupy the property post-remediation.
Dollars:
Limits up to $10 million are available.
Carrier:
Lexington, rated “A++” by A.M. Best.
States Available:
All.
Contact:
Charles Benda, (212) 770-3745 or homelandprotector@aig.com.
Topics Catastrophe Natural Disasters Property
Was this article valuable?
Here are more articles you may enjoy.
How Niche Insurance Shielded Bad Bunny From Bad Weather 
AI for the Defense: Should Insurers or Law Firms Pay? 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive From This Issue
