Political Risk Insurance
Get a QuotePolitical Risk Insurance: essential for international business
Expanding your international business presence opens you up to new markets. Unfortunately, it can also expose you to heightened financial and political risks. Cowan can help you protect your assets against any losses due to political risk events like a seizure of assets, war, civil uprisings and more. Political Risk Insurance coverage can help mitigate the uncertainty associated with international business or trade.
Key political risks include:
- Expropriation, nationalization or discriminatory regulations
- Inability to access an asset due to war, revolution, or civil strife
- Cancellation or non-renewal of import or export licenses
- Embargo or other import/export restrictions not in place prior to investment or contract
- Confiscation, seizure or inability to re-export equipment or inventory
- Non-payment by a Sovereign buyer
- Failure to honour a Sovereign guarantee
- Frustration of payment under Documentary Credits resulting in the rightful call of a bond or guarantee due to political events
- Kidnap, ransom, or extortion of personnel or their families
Speak with an expert advisor to learn more about our Political Risk Insurance and how Cowan can provide information and options for you to prepare for these unpredictable risks.
Why partner with Cowan Insurance Group?
Expert Advice
Someone who specializes in business insurance will call you directly. Our expert advice means you will speak to the right person the first time.
Custom Coverage
Custom coverage specifically built for you means that Cowan will take the time to learn about your needs and understand your specific business.
Our Promise
Cowan is Canadian owned and independent. Your satisfaction is the only outcome we accept. Our clients are at the heart of everything we do and we care about what you care about.
Recommended Reading
Does your business rely on your supply chain?
Supply Chain Insurance is specially designed to protect the revenue of businesses that import, export, manufacture, assemble and distribute goods.
Why your business needs Corporate Planning strategic advice
Cowan Insurance Group offers a comprehensive suite of products and services designed to help you achieve the goals you’ve planned for, and prepare for the challenges you didn’t.
Industries & Services
Leading-edge products for industries and services across Canada. No matter what your needs may be, you can count on us to deliver the right service, at the right time, when you need it the most.