What is covered

War and strikes insurance covers the vessel against loss or damage to the vessel caused by:

- War, civil war, revolution rebellion insurrection or civil strife arising therefrom or any hostile act
- Capture, seizure arrest restraint or detainment and the consequences thereof
- Derelict mines, torpedoes bombs or derelict weapons of war strikers locked out workmen
- Terrorist attack
- Confiscation or expropriation

P&I (third party liability) risks due to above perils.

Why is it Important?

Affinity applications in insurance not only enhance customer service but also offer several advantages to companies:

  • Customer Loyalty: Affinity programs can increase customer loyalty by better addressing the needs of the target audience.
  • Specialized Insurance Products: Affinity applications provide a better customer experience by offering specially designed insurance products.
  • Collaboration Opportunities: Companies can expand their markets by collaborating with other institutions.
  • Digital Transformation: Technology and data analytics can make affinity applications more effective.

In conclusion, affinity applications in insurance are a means of providing better service to customers and attracting new ones for businesses. These programs reflect industry advancements by focusing on specially designed insurance products and customer needs.

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War and Strikes Insurance

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War and Strikes Insurance

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