War/Military Action Exclutions

This is the first in a three-part series that will discuss questions of coverage for property loss, business interruption, and additional living expenses in the wake of the Sept. 11 terrorist attacks. Parts II and III will follow in December and January. In light of the catastrophic nature of the losses of Sept. 11, many have asked Property Loss Research Bureau whether the attacks could be considered “war” for the purposes of insurance coverage. While aviation policies and manuscript property policies sometimes expressly exclude loss due to acts of terrorism, standard property insurance forms generally only exclude loss due to “war” and “military action.”