Piracy and War Risk Insurance

Piracy and War Risk Insurance is a specialized type of marine insurance that protects ship owners and operators from financial losses due to acts of piracy, terrorism, or war-related incidents at sea. While standard marine insurance covers damages from accidents or natural disasters, this insurance covers the additional risks posed by hostile actions, such as ship hijacking or military conflict. It helps cover losses related to cargo, hull damage, and potential liability, ensuring that maritime businesses can operate with a financial safety net in dangerous waters.