Glossary
War Risk Insurance
Tags: Glossary
Insurance coverage that protects against loss or damage due to war or political unrest.
What does War Risk Insurance mean?
War risk insurance is a type of marine insurance that provides coverage for loss or damage to cargo, vessels, or crew resulting from acts of war, piracy, terrorism, or other hostile actions. War risk insurance may be required by shippers or carriers for certain high-risk cargo or shipping routes and may be subject to specific terms and conditions.
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