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Terrorist insurance bombshell

Language: English Series: Daily Telegraph ; 6 February 1993, 26 | Estates Times ; (1175) 5 February 1993, 1 | Evening Standard ; 10 February 1993, 44(3)Publication details: 1993Subject(s): Summary: The AMA warns that local authorities will pass extra costs of insuring against terrorism to commercial tenants through landlord insurance premiums and council tax. Highlights the plight of householders in Bournemouth who face a 10% increase in premiums to cover the threat. Flat owners in London also face a rise in premiums for terrorism cover as a result of a loophole whereby blocks of purpose-built flats can be classified as commercial buildings.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB2906-39 (Browse shelf(Opens below)) 1 Available 48646-1001

The AMA warns that local authorities will pass extra costs of insuring against terrorism to commercial tenants through landlord insurance premiums and council tax. Highlights the plight of householders in Bournemouth who face a 10% increase in premiums to cover the threat. Flat owners in London also face a rise in premiums for terrorism cover as a result of a loophole whereby blocks of purpose-built flats can be classified as commercial buildings.