War and Terrorism Risks Sample Clauses
The War and Terrorism Risks clause defines how losses or damages resulting from acts of war or terrorism are treated under an agreement, typically an insurance policy. This clause usually excludes coverage for events such as armed conflict, invasions, civil war, or terrorist attacks, meaning the insurer is not liable for claims arising from these causes. Its core function is to allocate risk by clearly stating that the insurer will not cover losses related to war or terrorism, thereby protecting the insurer from unpredictable and potentially catastrophic liabilities.
War and Terrorism Risks. If the death of the Life Assured occurs as a direct or indirect consequence of war, warlike operations (whether war is declared or not, conventional, biological, chemical or nuclear), invasion, acts of foreign enemies, hostilities, acts of terrorism, terrorist sabotage, rebellion, mutiny, riot, civil commotion, political or civil unrest, civil war, revolution, insurrection, military or usurped power, martial law, embargo, piracy, 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, then the amount payable under this Contract will be limited to the mathematical reserve of this Contract (i.e. the proportional contribution paid in advance and not due because of the earlier death of the Life Assured).
War and Terrorism Risks. If the death of the Life Assured occurs as a direct or indirect consequence of war, warlike operations (whether war is declared or not, conventional, biological, chemical or nuclear), invasion, acts of foreign enemies, hostilities, acts of terrorism, terrorist sabotage, rebellion, mutiny, riot, civil commotion, political or civil unrest, civil war, revolution, insurrection, military or usurped power, martial law, embargo, piracy, 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, then the amount payable under this Contract will SNA ▇.▇.▇. 5 be limited to the mathematical reserve of this Contract (i.e. the proportional contribution paid in advance and not due because of the earlier death of the Life Assured).
War and Terrorism Risks. Any claim whatsoever in respect of loss, damage or liability directly or indirectly occasioned by, happening through or in consequence of war, invasion, any act of terrorism, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation or nationalisation or requisition or destruction of or damage to property by or under the order of any government or public or local authority.