Hiscox unveils threat product
Insurer says policy protects businesses against loss of revenue following a threat or a malicious act.
Hiscox London Market has launched a standalone threat product which is designed to protect businesses if they lose revenue as a result of a malicious threat or hoax.
The insurer said the policy provides non-physical damage business interruption cover.
Evacuation
According to Hiscox, the product protects businesses if their premises are evacuated, locked down or cordoned off as a result of a threat and provides policyholders with advice on risk prevention, indemnity against loss of revenue for the
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