DIL/DIC Coverage for Global Enterprises

Samantha McKeag
Sep 30
3 min read

Updated: Nov 11

Difference-In-Limits (DIL) & Difference-in-Conditions (DIC) Coverage can make a world of difference for global businesses

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WMB Case Study

American-Based Manufacturing Company with a Facility in Thailand was Saved With DIL/DIC Coverage

The Data:

Nock-Ten Tropical Storm caused major flooding in 28 provinces
The storm severely impacted over 930 facilities out of an estimated 5,000 in 2011
The American-based company's facility amassed a total of $20M in damages
They also lost an estimated $15M in revenue
The company's local Thai policy only covered $1M in flood damage (since this area was prone to significant flooding
Before going international, the American-based company had done their research; they contacted an insurance company with extensive experience in international business and insurance, from whom the company purchased a Global Master Policy
The Global Master Policy included DIL/DIC coverage
Not only did the this insurance policy cover the "difference in limits" ($19M gap in coverage), through their DIC coverage, they were able to recuperate $15M in lost revenue

This Allowed the Company to Remain:

Compliant to Thailand's insurance regulations
Resilient to loss
And in business

DIL/DIC Coverage Can Make a World of Difference for Your Business

As with anything else, there are restrictions and limitations you should be aware of before securing DIL/DIC coverage. To qualify for DIL/DIC coverage, your business:

Must already have a local policy in the country in which your business will operate - DIL/DIC coverage is explicitly to cover the gaps between your home insurance policy and your local insurance policy you purchase your local insurance must be a licensed by the country in question.
Local Regulatory Restriction & Enforceability - you must be aware of the local laws and regulations concerning your master and local policies to ensure all insurance laws and tax regulations are being followed.

Do Your Due Diligence

DIL/DIC coverage can have massive benefits for your business; however, it's not as straight-forward as it seems. When you operate in more than one country, coordinating insurance becomes legally complex and logistically demanding. A global insurer gives you the infrastructure, legal clarity, and claims coordination needed to make your coverage actually work when it matters.

Appointing a global insurance company - like Wilson M. Beck Global Risks - to handle your company’s global master insurance policy is not only convenient, but essential for most companies who plan to take their business internationally.

A global insurer gives you centralized governance with local execution, which saves time, reduces administrative tasks, and keeps your program consistent.

A global insurer doesn’t just sell policies — they engineer a coordinated solution.

Contacting WMB Global Risks will:

Ensure your business is legally compliant in every country in which you operate
Coordinate your local and master policies seamlessly
Simplify global claims handling
Offer global risk intelligence and benchmarking
Assist in avoiding the potential for double coverage and/or missed coverage gaps
Provide a simple point of accountability

Get the WMB Difference

Need Help?

Contact Wilson M. Beck Global Risks to discuss how to protect your business - wherever it takes you.

Wilson M. Beck Global Risks Inc. is a boutique division of Wilson M. Beck Insurance Services, offering tailored insurance and risk management solutions backed by over 100 years of combined experience.

Our team delivers personalized service rooted in trust, collaboration, and genuine care, ensuring every client feels understood, supported, and confident in their protection.

Our specialization in multinational insurance and corporate risk solutions is designed for mid-sized to large organizations that demand personalized service, specialized expertise, and seamless execution – wherever your business grows.

Contact Wilson M. Beck Global Risks to find out more about how our team of global experts can protect your operations and help keep you resilient, compliant, and in business.