Deprivation
After individuals entered a small office in Cincinnati and severely vandalized workspaces, the area was deemed no longer fit for employees to work in.
Coverage
1st party coverage
Financial loss where no damage occurs at the real property and/or property but the policyholder suffers loss(es) as a result of deprivation from each of the following insured event(s):
- Civil commotion, sabotage, terrorism, threat and vicious attack or a series of connected acts thereto.
- Assault, detention, hostage crisis and kidnap or a series of connected acts thereto.
3rd Party coverage
Judgments, settlements & defense costs
Crisis Consultant costs
Definition
Deprivation means the denial of access/ingress,egress caused by an insured event(s) as listed in the “Schedule” to the policyholder’s real property and/or property imposed by a public authority and/or military authority.
