POLITICAL RISK EXCLUSION CLAUSE #
Loss of property due to political risk is hereby excluded. Political risk are defined as follow :
Confiscation, expropriation, nationalization, commandeering, requisition or destruction of or damage to property by order of the government de jure or de facto or any public, municipal or local authority of the country or area in which the property is situated, seizure or destruction under quarantine or customs regulation.
Leave A Comment
You must be logged in to post a comment