Safety Act Coverage
In today’s world, terrorist acts and the threat of violent attacks and political intimidation by domestic and international criminals is a sad reality of life in any country. With these threats comes the increased need for innovative products, equipment, devices and technology that are used to thwart and defend against these acts.
That’s why the federal government, as a means to incentivize companies that develop technology used to combat these acts, established the Support Anti-Terrorism by Fostering Effective Technologies Act of 2002 – also known as the SAFETY Act – as part of the Homeland Security Act. The SAFETY Act is intended to help encourage innovation that can save lives by mitigating the liability that could result from this innovation. SAFETY Act coverage shields qualified parties from claims that arise as a result of the technology’s use in the prevention, response to, or recovery from a terrorist act.Read More »Safety Act Coverage