Question

Which of the following is not excluded under the political risks exclusion clause?

a.

Losses resulting from confiscation by a lawful authority

b.

Losses caused by a military uprising or rebellion

c.

Losses due to a state of siege or martial law

d.

Losses caused by economic sanctions

Answer: (d).Losses caused by economic sanctions Explanation:The political risks exclusion clause excludes losses caused by war, invasion, hostilities, dispossession, mutiny, civil commotion, insurrection, and acts of terrorism. While losses caused by economic sanctions are not explicitly mentioned in the clause, they are also not listed as covered, so it can be inferred that they would be excluded under this clause.

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Q. Which of the following is not excluded under the political risks exclusion clause?

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