Political Risk Insurance
Political risk insurance is a type of insurance that protects businesses and investors from the potential financial losses caused by political events such as war, revolution, and government expropriation. This type of insurance is particularly useful for companies that operate in countries where political stability is uncertain or where the government's actions may be unpredictable. Some common types of political risk insurance include expropriation coverage, war and terrorism coverage, and currency inconvertibility coverage.
By purchasing political risk insurance, companies can mitigate the risks associated with doing business in politically unstable regions and continue to operate with confidence.
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