Terrorism

The events of September 11, 2001 created the need for a limited market that specializes in terrorism insurance. Beginning in 2002 Insurers based in the U.S. and Bermuda along with Lloyds of London began offering terrorism insurance to supplement the traditional lines of insurances being offered to customers worldwide.

Our company will create a policy to ensure you are protected from the risks of terrorism, war & piracy.

War Risk Insurance

War Exclusion Clause<

Strike Exclusion Clause

Piracy (Based on Lloyd of London Definition.)

Terrorism: (From U.S. Code Title 22, Ch.38, Para. 2656f(d)

(d) Definitions
As used in this section—
(1) the term “international terrorism” means terrorism involving citizens or the territory of more than 1 country;
(2) the term “terrorism” means premeditated, politically motivated violence perpetrated against noncombatant targets by subnational groups or clandestine agents;
(3) the term “terrorist group” means any group, or which has significant subgroups which practice, international terrorism;
(4) the terms “territory” and “territory of the country” mean the land, waters, and airspace of the country; and
(5) the terms “terrorist sanctuary” and “sanctuary” mean an area in the territory of the country—
(A) that is used by a terrorist or terrorist organization—
(i) to carry out terrorist activities, including training, fundraising, financing, and recruitment; or
(ii) as a transit point; and
(B) the government of which expressly consents to, or with knowledge, allows, tolerates, or disregards such use of its territory and is not subject to a determination under—
(i) section 2405(j)(1)(A) of the Appendix to title 50;
(ii) section 2371 (a) of this title; or
(iii) section 2780 (d) of this title.