Life insurance covers death caused by terrorist attacks, with riders

Everyone with financial dependants should purchase life insurance. Individuals residing in sensitive or high-risk areas should make it a priority to buy this policy at the earliest

The recent terrorist attack in Baisaran Valley in Pahalgam, Jammu & Kashmir, which claimed 26 lives, has once again revived the spectre of terrorism. In light of this, individuals must purchase insurance covers to protect their life, health, homes and vehicles.

 

Life insurance

 

Life insurance policies, including term insurance plans, provide coverage for death caused by a terrorist attack. “If a policyholder dies in such an incident, the nominee is entitled to receive the sum assured as long as the policy is active and the premiums have been paid,” says Adhil Shetty, chief executive officer (CEO), Bank-bazaar.com. Insurers treat death