What Does Active Assailant Insurance Cover?
An active assailant event is one of the most traumatic and stressful situations, a business owner can face. Because of the high number of people present, it is difficult to keep the premises secure. However, a business insurance policy can provide payment to victims if they are injured while at work. Moreover, businesses are held to a high standard of accountability when it comes to public safety. In fact, they may be held liable for injuries caused by a breach of their “duty of care.”
A specialist insurance policy is specifically designed to manage the risks associated with active assailant attacks. The policy will cover the loss caused by an incident and include victim compensation and support. It will also cover loss of business and attraction. The coverage will include legal liability, property damage, and business interruption costs, as well as the cost of a response consultant’s services. For those who are unsure whether an insurance policy is right for them, check the company’s references.
Active assailant insurance is an excellent choice for businesses in an active shooter situation. A policy will provide medical benefits without waiting for liability to be determined. Most GL policies will cover medical expenses regardless of who is at fault, so it is essential that business owners disclose any past threats or attacks. If you don’t have such a policy, you may end up losing a lot of money. In addition, if you’ve been involved in an attack, your insurance coverage will not cover the costs of a police investigation.
Aside from offering protection against a shooter, active assailant insurance is important for small businesses to consider. Many business owners fail to understand the potential costs and benefits of an active assailant insurance policy. While an active assailant policy will cover some recent events, the total loss numbers are usually quite low, and the policy has limited history on which to base rates. For this reason, business owners should consider purchasing an appropriate policy for their business.
An active assailant attack can have devastating consequences for a business. A small business insurance policy may not be enough to protect against such an incident. The cost of a policy is often too high, but active assailant insurance can help. It is a wise choice for a business to purchase a general liability policy, as it covers the risks of an attacker. A general liability policy provides little to injured parties, but may not cover the cost of a gunman or a shooter.
The benefits of an active assailant insurance policy are clear. It protects a business from the financial costs of a shooting. Those impacted by an active assailant will need compensation for their legal and physical damages. Such losses can be catastrophic for any business and require the immediate help of an experienced attorney. Thus, it is essential to ensure that any coverage policy is adequate. By taking out an active assailant insurance policy, a business can prepare for the worst.