Nguyên tắc bảo hiểm chungCâu 252 / 531
The Terrorism Risk Insurance Act obliges an insurer writing commercial property and casualty coverage to:
a.build terrorism coverage into each policy at no extra premium
b.make terrorism coverage available, which the insured may decline
c.cede its whole terrorism exposure to a federal reinsurance pool
d.exclude losses from certified acts of terrorism in every policy
Giải thích
The act's make-available requirement means the insurer must offer coverage for certified acts of terrorism on terms that do not differ materially from the rest of the policy, and it must disclose the premium for it; the buyer is then free to accept or reject the offer. Coverage is neither automatic and free nor forbidden, and the federal backstop shares losses after a certified event rather than taking the whole exposure by cession.
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