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Risky business

Planet Money

Is There a War Exclusion in Life Insurance?

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Insurers can't work out how to insure against war, they basically wrote their policies to say that if there is a war, then all bets are off and you can't make a claim. Some of these plaintiffs don't stand for this. They make the argument that hold on pearl harbor happened in peace time. Congress didn't declare war until the next day. The courts actually have different opinions about whether or not pearl harbor is an act of war.

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