Property prospects
Andrew Tjaardstra examines the potential threat to property in the event of acts of terrorism and natural disasters and how insurers can ensure the best possible cover and advice for their clients
The first anniversary of the Boscastle floods evokes vivid memories of a village underwater and spectacular rescue missions to pull stranded villagers to safety onto helicopters. Following the coverage of the human cost of a disaster, insurance then hit the spotlight. Boscastle cost insurers between £10m and £15m in claims - many as a result of damaged property - a sum that has contributed towards the transformation of the village, though there are alleged outstanding claims from Jordan-based
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