Our Deadly Weapon Protection product is designed to cover events such as active shooter incidents, knife or vehicle attacks, and other situations typically excluded under TRIA or standard policies.
This product includes Third-Party Liability coverage and provides Property Damage protection as a standard feature, offered on a shared limit basis. A standout element of our coverage is its flexibility—claims can be triggered even in the absence of Property Damage.
Policy Coverages
Accidental death & dismemberment
Circumstance
Crisis management services
Counselling services
Funeral expenses
Liability to insured person(s)
(Insurance against third party claims including defense costs)
Medical expense
Property damage
Coverage Enhancements
Built in crisis risk services (pre & post event)
Appetite Profile
All Industry Sectors - particularly
Healthcare facilities
Offices
Places of worship
Retail
Schools
Stadiums
Transport hubs
Policy Benefits
Broad, market leading coverage
Broad definition of weapon
Coverage can be triggered by the brandishing of a weapon or by simply if there is a circumstance
No requirement for property damage or bodily injury
No minimum requirement on number of people injured
No exclusions around who the perpetrator is
No vehicle exclusion
Counselling services
CrisisRisk Strategies – pre-contracted the policy aggregate within the form as standard
Circumstance Coverage/Provision (including threat)
Low retention of US$10,000 – can be used as a deductible buy back/buy down
It is clearly stated within the form that this insurance acts as the ‘primary insurance’ policy in respect to both indemnity & expenses (as defined within the Other Insurance clause)
Cover is on a ‘pay on behalf’ basis meaning that businesses do not need to worry about any cash flow issues post a Deadly Weapon Event
Maximum consortium limits: US$30,000,000 limit for each and every Deadly Weapon Event and US$75,000,000 in the policy aggregate