Insurance articles: Business, Cayman Islands

Plain answers to the questions people ask about insurance and financial services: what is covered, what is usually left out, and what to ask an agent.

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Do I need earthquake cover in the Caribbean?

If you own property, probably yes. Earthquake damage is usually excluded from a standard property policy and sold separately. The region sits on active fault lines, so it is worth asking about before you need it.
Home & propertyBusiness Earthquake +10 Read
What is strikes, riots and civil commotion cover?

It is the cover that pays if your property is damaged during unrest. In many markets it is not part of a standard property policy and is added separately, often as "SRCC". Check for it before there is any trouble.
BusinessHome & propertyAuto Unrest & riots All countries Read
Is my business covered if a storm closes it?

Only if you have business interruption cover, and usually only after physical damage. A storm warning that keeps customers away, with no damage to your premises, is typically not covered.
Business Storm & hurricane +10 Read
Does business insurance cover a cyber attack?

Usually not. A standard business policy covers physical damage and liability, not stolen data or ransomware. Cyber cover is a separate product with its own limits.
Business Cyber All countries Read