Free of capture and seizure warranty FC&S

{
  "id": "MLC-T-INS-001590",
  "term": "Free of capture and seizure warranty FC&S",
  "field": "Insurance and risk management",
  "definition": "A clause in marine insurance policies that excludes coverage for losses arising from war, civil commotion, strikes, riots, or acts of terrorism. This warranty shifts the risk of such perils from the standard marine policy to specialized war risk insurance. It is a fundamental exclusion in most hull and cargo policies, requiring separate coverage for these specific political and social risks.",
  "url": "https://mlchart.com/terminology/insurance/free-of-capture-and-seizure-warranty-fc-and-s/"
}