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Terrorism insurance

Insurance of terrorism is sometimes restricted.

Netherlands

Insurance payments related to terrorism are restricted to a billion euro per year for all insurance companies together.

US

On November 26, 2002 US President George W. Bush signs into law the Terrorism Risk Insurance Act which creates a federal backstop for insurance claims related to acts of terrorism.

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Terrorism insurance".