Political Risk Protection
PoliticalRiskGuard™
Proposed cover for investors, lenders and traders exposed to government action and political instability.
Request a quotationSubject to underwriting
Product overview
Coverage description
Loss arising from defined political perils affecting investments, assets or contracts in named countries.
Eligible industries
Foreign direct investorsBanks and lendersCommodity tradersInfrastructure sponsors
Covered risks
- Confiscation, expropriation, nationalisation
- Currency inconvertibility and transfer
- Political violence
- Contract frustration by public buyers
Policy exclusions
- Losses known or anticipated at inception
- War, invasion and nuclear risks unless specifically agreed
- Wilful misconduct or fraud by the insured
- Gradual deterioration, wear and tear, inherent vice
- Sanctioned parties, goods or jurisdictions
- Losses outside the agreed territorial scope
Underwriting requirements
- Completed proposal form and declared values
- Independent valuation or certification where relevant
- Security, storage and transit protocols
- Loss history for the last five years
- KYC, sanctions and beneficial ownership checks
Claims procedure
01Notify Renfield as soon as reasonably possible after discovery02Take reasonable steps to prevent further loss and preserve evidence03Provide the documentation requested by the claims team04Cooperate with any appointed loss adjuster05Assessment and any settlement follow the policy terms and insurer approval
Subject to underwriting
All products are proposed or available subject to underwriting approval, applicable licensing and confirmation of insurer capacity. Nothing on this site constitutes an offer of insurance or guaranteed coverage.