What Does Free of Capture and Seizure Warranty Mean?

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What does Free of Capture and Seizure Warranty mean? Read on to discover the definition & meaning of the term Free of Capture and Seizure Warranty - to help you better understand the language used in insurance policies.

Free of Capture and Seizure Warranty

Free of Capture and Seizure Warranty

A clause in ocean marine policies that essentially functions to delete war risk coverage from hull insurance. Losses excluded are those due to nuclear weapons, mines, torpedoes, war (including civil war), piracy, and confiscation or nationalization of property.

We hope the you have a better understanding of the meaning of Free of Capture and Seizure Warranty.

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