What is difference between political risk insurance and war risk insurance?

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1113758

2026-07-12 20:20

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Political risk sometimes includes war risk but is otherwise defined as interruption in business or other covered loss due to political conditions, political violence, civil unrest, governmental confiscation of assets, wrongful calling of letters of credit or other similar demands. These can occur whether or not at war.

War risk refers to similar and additional damages arising during wartime and solely out of acts of war.

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