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force majeure insurance

Force majeure insurance provides coverage for financial losses arising out of the inability to bring a project to completion.

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force majeure insurance

Force majeure insurance provides coverage for financial losses arising out of the inability to bring a project to completion.

Additional Information


The coverage encompasses delays as well as total termination of the contract resulting from events totally outside the control of the contractor (i.e., fire, earthquake, war, revolution, flood, and epidemics). Types of losses covered by the policy include continued debt servicing, loss of income, ongoing fixed costs, spoilage, and related contingencies. The coverage has a very limited domestic market but is commonly placed as a political risk coverage for contractors working in foreign countries.