War risk insurance is essentially a buy-back of the war risk exclusion in your P&I cover and protects you against liabilities resulting caused from war risk situation.
Who should buy it?
Anyone who has taken out an underlying Shipowners’ P&I.
What does it cover?
It is a buy-back of the war risk exclusion in your P&I cover and when taking out war risk insurance you are “restoring” your normal P&I cover in warlike situations. It provides cover for a range of events like war, civil war, revolution, derelict mines, torpedoes, bombs or other derelict weapons of war to name a few.
Full details of this insurance (including applicable limits) can be obtained from on request.