Brokers should help their customers and clients to understand the current limitations of civil disobedience insurance and consider what actions they need to protect against future events, warn the CII’s New Generation Broking Group.
Guidance produced by the group highlights the limitations of current civil disobedience cover, what are the options for those who want that level of cover and examines whether the policies that are currently available are affordable for businesses that want this type of protection. Actions that businesses can take to reduce the risk of being financially affected by civil disobedience and how they can ensure a claim is successful is also detailed in the guidance.
James Nattrass, member of the New Generation Broking Group, said: “No single insurance product currently covers civil disobedience fully, so it is vital that insurance brokers clearly articulate the limitations of the products and options available for affected businesses.
“It is like the approach of a hurricane – you can’t stop civil disobedience but there are actions you can take to survive the more innovative ways of protest that are emerging that have moved towards more direct action.”