War Risk
The standard H&M marine insurance policy does not usually cover injuries caused by military action or civil disturbances. Nor does a standard contract provide cover against sabotage, terrorism, ship seizure or similar incidents. However, these risks are covered by a supplementary military risk insurance contract.
Military risk insurance is particularly important for ships operating in politically unstable waters. However, shipowners should also be aware that insurers may charge extra premiums for additional cover in areas of high military risk, which are not covered by the basic H&M cover.