Terrorism Inclusion/Exclusion Clauses and You
Monday, December 15th, 2008
Terrorism has been thrust into every nook and cranny of insurance policies the world over since that fateful day known as 9-11. Many insurance providers are very cautious about such incidents for issuing policies to victims of such dastardly acts can cost a lot of cash. Today, when people mention the word, they simply shrug it off and accept it as part of daily life which has prompted providers to either strongly support or deny coverage of such acts. Most vehicular policies used to have added exclusions to such events but as with the many other types of insurance, they have begun to include them as one of the accepted coverage clauses. Mainly, because of the fact that terrorism knows no boundary and time so anybody can fall victim.
There are however some solid cases or instances wherein they would deny you coverage, say a trip to IRAN or GAZA (if you can ever get a visa or authorization to get in).
