Re: Exclusions

I don't think that I have ever seen a policy here that does cover "Acts of war, terrorism etc", so we have obviously had the exclusions for years.

I was assured (but not reassured) by my insurance company that on a trip that I took over the weekend to Europe that I was not covered in the event of: "any consequence of war, invasion or act of foreign enemy hostilities (whether war be declared or not) civil war, rebellion, revolutions, insurection or military or usurped power."

I understand that, if reports are true, whilst similar buildings in the City of London are not publicly insured for terrorist attack (there is some kind of re-insurance fund run by the government which covers acts of terrorism, I think), the WTC may have been. As the major re-insurer is Lloyds of London, they are expecting the previous record set by the Piper Alpha disaster to be exceeded.

http://www.itn.co.uk/news/20010917/business/06lloyds.shtml
See also:
http://www.truthaboutlloyds.com/fraud/timeline.html for the implications to the re-insurance market.