War Risk Insurance Cover
War Risk Insurance Cover is a type of insurance policy that provides coverage for vessels and their cargo against losses or damages caused by war, civil unrest, piracy, and other related perils. This type of insurance is typically purchased by ship owners or charterers to protect their vessels and cargo from the risks associated with operating in high-risk areas. War Risk Insurance Cover may include coverage for physical damage to the vessel, loss of income due to the vessel being unable to operate, and liability for third-party claims arising from war-related incidents. The cost of War Risk Insurance Cover varies depending on the level of risk associated with the voyage and the value of the vessel and its cargo.
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