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War Risk
(redirected from War Peril)

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War Risk
The likelihood that a person or property will be injured, killed or destroyed in an act of war. For example, if an employee is transporting goods in a truck to a customer, war risk is the possibility he/she may drive over a landmine, killing himself/herself and destroying the goods. War risk is a type of political risk and is often excluded from insurance policies.


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Should your coffee be lost in a warlike cross fire, you may well have the thankless task of convincing war peril underwriters that the peril causing your loss was truly theirs, not one of piracy belonging to the separate Marine only counterparts.
 
 
 
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