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Introduction of the Institute of Military Risk Insurance in Ukraine 

Introduction of the Institute of Military Risk Insurance in Ukraine 

Key scientific ideas and proposals.

Summing up the implementation of the military risk insurance institute, we need to focus on the following conclusion:

– war risk insurance is coverage for losses arising from events such as war, invasion, insurrection, riots, strikes and terrorism;

– military risk insurance is offered as a separate policy, as it is excluded from standard insurance policies due to high risks;

– companies operating in high-risk countries are good candidates for military risk insurance;

– insurance against military risks is often excluded from standard policies due to the inability of insurance companies to accurately predict losses and, therefore, charge appropriate premiums.

In conclusion, it should be noted that international law has developed a special mechanism for implementing the norms of this field. At the same time, this mechanism covers both the national and international levels, and includes regulatory and institutional components.

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