Marine Insurance Act 1963

War risk insurance provides additional protection for Indian importers against cargo losses arising from war, armed conflict, hostile acts, missile or drone attacks, seizure, insurrection, and certain political risks, depending on the policy wording. Standard marine cargo insurance generally does not automatically cover these risks. Importers using high-risk shipping routes or transporting valuable cargo should carefully review war clauses, exclusions, territorial restrictions, premiums, and notification requirements to avoid unexpected coverage gaps.