Saturday 16 July 2011

Residents face demand for terrorism insurance | Money | The Guardian

Residents face demand for terrorism insurance | Money | The Guardian

An MP this week hit out at a property management firm for demanding that flat-dwellers pay for pricey "terrorism insurance".

Leaseholders in Walthamstow, east London, have been told they must pay around an extra £68 a year, on top of their buildings insurance premium. When one complained, he was told that "terrorist activity has in the past been present in Walthamstow". Three people living in the area were convicted in 2009 and 2010 for their part in an airliner bomb plot.

It is not clear how many people in Walthamstow have received the demand, though it could be as many as 2,500. ...

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