What Does Free of Capture or Seizure Clause Mean?
What does Free of Capture or Seizure Clause mean? Read on to discover the definition & meaning of the term Free of Capture or Seizure Clause - to help you better understand the language used in insurance policies.
Free of Capture or Seizure Clause
Provision in marine insurance policies that excludes claims for losses due to war-like hostile acts such as rebellion, mutiny, civil strife, the perils for which a separate policy has to be obtained.
We hope the you have a better understanding of the meaning of Free of Capture or Seizure Clause.
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