War Exclusion Clause

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War Exclusion Clause

1. A clause in some life insurance policies stating that the insurer does not have to pay the death benefit if the insured dies from a war-related injury. War exclusion clauses are most common in wartime; they generally cannot be added if a war starts after a policy is issued.

2. A clause in some bills of lading and other transport documents exempting the insurer from paying losses if a ship is damaged or destroyed as the result of an act of war. For example, if a torpedo fires on a ship as part of a declaration of war or other hostile act, the war exclusion clause protects the insurer from covering the value.
References in periodicals archive ?
Insurance coverage must provide for the following conditions: - Valuation: 110% CIF, - Coverage: All risks including Fire, Theft, Dishonest Acts, Quake, Flood, and Wind as well as War Clauses and Strikes clauses as applicable, - Deductibles and exclusions: Please provide details of any deductibles or exclusions applicable and who would pay those.
American-Amicable does not include war clauses, opting instead to take on the increased risk to protect the United States' military personnel and their families.
As a life insurance provider, we feel a similar sense of duty to honor their service, which is why we do not have any war clause exclusions in any of our policies.
This is best achieved by insuring the shipment under the Institute Commodity Trades Clauses (A), Institute Strikes Clauses (Commodity Trades) and the Institute War Clauses (Commodity Trades).
Institute Cargo Clauses, also referred to as All Risks , Institute War Clauses and Institute Strikes Clauses as applicable
Since September 11, insurers have excluded acts of terrorism and acts of war clauses from insurance policies, meaning that policyholders could no longer insure properties against damage caused by these acts.
Since the September 11 attacks, insurers have excluded acts of terrorism and acts of war clauses from insurance policies, meaning that policyholders could no longer insure properties against damage caused by these acts.
Many insurance policies have a war clause, under which losses caused as a result of acts of war are excluded from cover.