Glossary

War Risk Insurance

Tags: Glossary

Insurance coverage that protects against loss or damage due to war or political unrest.

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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.

What does War Risk Insurance mean?

War risk insurance is a type of marine insurance that provides coverage for loss or damage to cargo, vessels, or crew resulting from acts of war, piracy, terrorism, or other hostile actions. War risk insurance may be required by shippers or carriers for certain high-risk cargo or shipping routes and may be subject to specific terms and conditions.

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