Insights

Industry comment, updates and news from the Websters team.

Is terrorism a “usual comprehensive risk”?

Monday, January 12th, 2015 in Landlord, Managing Agent, News, Residential, Service Charge

Joseph Preisner of Field Seymour Parkes Landlords need to consider carefully whether terrorism insurance is appropriate and the cost recoverable. In a recent case it was decided that the obligation on the landlord to insure against explosion may translate as a requirement to insure against terrorism and that the obligation on the tenant to cover the cost of insurance may also extend to terrorism insurance.

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