What does the War, Hi-Jacking and other perils endorsement add to coverage?

The War, Hi-Jacking and Other Perils endorsement addresses specific risks that are generally excluded from standard insurance policies. By including this endorsement, insurers expand their coverage to include perils such as war, acts of terrorism (like hi-jacking), and other similar threats that would not be covered under a typical policy. This is particularly important for businesses and individuals who may be exposed to such risks depending on their operations or location.

The endorsement is designed to help policyholders manage the financial impact of these potentially catastrophic events by providing them with additional protection. As a result, policyholders are better equipped to handle sudden and significant liabilities that arise in these situations. Understanding the scope of this endorsement is critical for adjusters, as it highlights the importance of comprehensive risk management in insurance coverage.