Definitions of Terrorism - in General Insurance Policies

In General Insurance Policies

Some insurance companies exclude terrorism from general property insurance (e.g. home insurance). An insurance company may include a specific definition of terrorism as part of its policy, for the purpose of excluding at least some loss or damage caused by terrorism. For example, RAC Insurance in Australia defines terrorism thus:

"Terrorism means an act including but not limited to the use of force or violence and/or threat, of any person or group of persons done for or in connection with political, religious, ideological or similar purposes including the intention to influence any government and/or to put the public, or any section of the public in fear."

Read more about this topic:  Definitions Of Terrorism

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