Nobody wants to go to work and be worried about whether they would make it out alive. The reality is that in modern America, the threat of an active shooter and a workplace violence incidence is more common than you would hope. In the past year, there were 53,679 reported incidences of gun violence that resulted in 14,568 deaths and 28,749 injuries.
The shocking thing is that of the individuals injured or killed, a staggering 4,865 were between the ages 1 and 17, and the shootings took place all over the country. Out of all the verified and reported incidents, the Gun Violence Archive (GVA) defined 435 as mass shootings, which meant that they involved four or more victims.
It isn’t only schools and churches where active shootings occur, as it is a common occurrence in workplaces all over the country. A rising number of people are scared to go to work, knowing that they may have to fend for their lives in an active shooter or workplace violence incidence. The manner and frequency of these incidences have meant that every company has an obligation to seek appropriate coverage to protect their employees and workers.
What Is an Active Shooter?
An active shooter, as defined by US Homeland Security, is “any individual who actively engages in attempting to or killing people in a populated or confined area. In general, active shooters have no method or pattern for selecting their victims and tend to use firearms to carry out their shootings.”
What Do Active Shooter and Workplace Violence Policies Cover?
Businesses are obligated to serve and protect their employees and workers from any harm and provide them with a stable and safe working environment. Therefore, they are encouraged to acquire active shooter and workplace violence insurance policies. They offer the following coverage:
· Physical Damage Coverage
The insured will get coverage for physical damage or loss to the insured property caused due to an active shooter and workplace violence incidence. That will include expenses related to the structural security upgrades and building teardown, closure, or relocation.
· Legal Liability/Litigation
The insured are obligated legally to pay for damages and claim any expense caused by an active shooter and workplace violence incident. Companies are being held to a higher standard of accountability today, especially for the “duty of care” they have towards employees and customers, along with the public safety measures they must uphold. Organizations that fail their “duty of care” are likely to be sued after an active shooter and workplace violence incident.
· Crisis Management
The insured will get coverage for consultant fees and specialist crisis response that results directly from an active shooter and workplace violence incident from the insurance company. That will involve helping the insured manage public relations by reinforcing the company brand and reassuring employees and families.
· Business Interruption Coverage
The insured will get coverage for physical losses, the destruction or damage of their property, and access denials to their business location, which results in income losses for the business.
· Funeral Expenses, Medical Expenses, and Death Benefit
The insured will also get coverage related to trauma response support to help the victims of an active shooter and workplace violence event. That may include therapy and psychiatric counseling for any victims suffering from trauma after the event.
· Loss of Attraction
An active shooter or workplace violence event can stigmatize a brand, neighborhood, or business district. Active shooter and workplace violence insurance can help fill in revenue gaps and deal with brand rehabilitation, even if the event didn’t occur at the place of business for the insured.
What Are the Exclusions in Active Shooter and Workplace Violence Policies?
There are some common exclusions in active shooter and workplace violence policies that companies should be aware of. These include the following:
- Mental anguish exclusion
- Vehicle exclusion
- Employee exclusions
- Casualties threshold limits
- Terrorism exclusions
Any business in the service sector and those with a large workforce must acquire active shooter and workplace violence insurance to carry out their “duty of care” and provide their workforce with a stable and safe working environment.
Why Have Active Shooter and Workplace Violence Policies Have Become Necessary Today?
The number of random acts of violence committed at workplaces isn’t limited to only one state, one cause, or one sector. There have been several fatalities across various geographies and industries with various weapons. The active shooter and workplace violence insurance industry is evolving and has almost become necessary for organizations in the United States.
Healthcare and education industries have witnessed the biggest spikes in business, but it almost always follows headline news. For instance, after a church shooting in Texas, there was a noticeable increase in the number of small churches buying active shooter and workplace violence insurance.
Schools and universities face the largest threats as active shooter events occur with more regularity and frequency there. However, just about every industry is experiencing the same threat, from nightclubs to movie theatres and fast food restaurants to small eateries.
When it comes to securing the safety of your staff, employees, and customers, it is the duty of every organization to acquire the necessary protection for them. That involves getting active shooter and workplace violence insurance coverage on top of their general liability insurance policies. Active shooter and workplace violence incidents are increasing every year, and everyone is a potential victim. Consumers know about the risks they face every day, and it is the organization’s job to provide support and coverage to everyone for these types of risks.