Strikes, riots, and civil commotion (SRCC) risks
Term · Insurance and risk management · MLC-T-INS-003209
The potential for financial loss or damage to property resulting from organized labor disputes, public disturbances, or widespread civil unrest. These events can cause physical damage, business interruption, and liability claims. Coverage for these perils is frequently offered as an extension to standard property insurance policies or through specialized political risk insurance.
| Identifier | MLC-T-INS-003209 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003209",
"term": "Strikes, riots, and civil commotion (SRCC) risks",
"field": "Insurance and risk management",
"definition": "The potential for financial loss or damage to property resulting from organized labor disputes, public disturbances, or widespread civil unrest. These events can cause physical damage, business interruption, and liability claims. Coverage for these perils is frequently offered as an extension to standard property insurance policies or through specialized political risk insurance.",
"url": "https://mlchart.com/terminology/insurance/strikes-riots-and-civil-commotion-srcc-risks/"
}
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