Passive War Risks Clause Samples

Passive War Risks. It is hereby agreed that, notwithstanding the article 969 of the Lebanese Code of the Obligations and Contracts and the Paragraph C of the Section 2- Exclusions, the Company agrees to cover within the Limit shown in the (T.B. & P.) all the Healthcare Expenses occurring as a direct or indirect consequence of: War, warlike operations (whether war be declared or not, conventional, biological, chemical or nuclear), invasion, acts of foreign enemies, hostilities, acts of terrorism, terrorist sabotage, rebellion, mutiny, civil commotion, civil war, revolution, insurrection, military or usurped power, martial law, embargo, or any act committed by any person or persons for the purpose of overthrowing a government by violent force or to influence political decision making. Terrorism (suspected or proven) shall be understood to include the consequences of hostage taking, drive-by shootings, planting of bombs, and other forms of physical violence. It is hereby agreed that, the Passive war Risks is not granted under the Guaranteed Renewability feature and is renewed on a yearly basis.