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War Risk

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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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In 2005, however, marine underwriters in London began a transition from covering piracy under hull policies to covering it under separate war risk policies.
GAC Protective Solutions is designed to support vessel Masters to navigate safely through this war risk zone, as determined by Lloyds of London.
Service Life Insurance gives cover for war risks such as chemical and biological attack.
 
 
 
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