Does your insurance policy cover acts of terrorism?
Published on Jul 21, 2014 6:36 PM
Frequent travellers should check their existing insurance policies to see if they cover acts of terrorism or war.
The Star had previously reported that the basic travel insurance policies most airlines offer to passengers do not provide cover for acts of war and terrorism.
However, many personal travel or life insurance policies are now providing terrorism coverage, given its rise as a global threat.
In general, an act of terrorism is considered to be any act by person or group committed for political, religious, ideological or similar purposes that puts the public at risk of injury or death. These acts might or might not include the use of nuclear, chemical or biological substances or weapons.
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