EPUL adds non-damage business interruption cover to UK and Northern Ireland terrorism solution
Leading commercial property MGA, European Property Underwriting Limited (EPUL) has announced the addition of a non-damage business interruption cover extension to its flexible and cost-effective UK and Northern Ireland terrorism policy.
Following Royal Assent being given to the Counter-Terrorism and Border Security Bill 2018, EPUL is adding a non-damage denial of access cover to the business interruption (BI) extension of its stand-alone terrorism policy. The extension is available for no additional premium. EPUL are also offering an enhanced broker commission and rate reductions on its UK and Northern Ireland terrorism product.
EPUL’s terrorism policy provides material damage and business interruption coverage for business owners and property investors. EPUL brokers use an online quote and bind facility which also offers a “Quick Quote” option that enables them to obtain an indicative price using just a postcode and the sum insured.
Andrew Whittaker, Managing Director of EPUL, said:
“Addressing the gap in terrorism cover for smaller businesses is an important move forward in ensuring there is adequate protection for clients. We have improved both the cover and pricing strategy of our cover which continues to provide a strong and competitive alternative to Pool Re.”