A B C D E F G I J K L M O P R S U W Y
Wa Wi

War risk

A peril that is normally excluded by a capture and seizure clause even in all risk clauses or London Institute of Underwriters Clause A. Insurance coverage is usually available for an additional premium.

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War risk insurance

Insurance coverage against war risks as outlined in detail in some dozen rather than specific paragraphs of an insurance policy. The policy conditions must be read for complete understanding. In general, they cover risks of captured seizure, destruction or damage…

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Warehouse-to-warehouse clause

Insurance coverage of international cargo from export warehouse to import warehouse. There is often limitations, such as a limit on the time coverage is in force after the goods arrive o the buyer´s side, but before finally delivery takes places….

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With Average (WA)

Insurance coverage which gives the assured protection for partial damage by sea perils, if the partial damage amounts to 3% (or other percentage specified) or more of the value of the whole shipment or of a shipping package. If the…

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