Definitions for "WAR RISK"
The risk of getting involved in warlike activities (civil war, kidnapping, or maritime attacks, etc.). Possible damage of cargo due to warlike activities is not covered by a general cargo insurance or a policy for marine perils but require an additional policy for war risks.
The risk a shipper may have to pay an extra insurance premium, as a consequence of war, in despatching a specified consignment.
The possible aggressive actions against a ship and its cargo by belligerent government. This risk can be insured by a marine policy with a risk clause
Keywords:  coverage, goods, loss, act, insurance
Insurance coverage for loss of goods resulting from any act of war.