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Is hijack covered under Term Insurance?
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15 Nov, 2020
by Shubham Aggarwal
Hi sir !
I'm planning to buy the term insurance. But, I want to ask that if plane got hijacked, the insurer will provide a claim or not.
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Term assurance ensures payment in case of the death of the life insured - irrespective of the cause ( barring suicide in first year). It is not an insurance against plane hijacked & related trauma etc .Yes , if the life insured dies during the rescue operation etc or even by heartfailure on account of shock etc claim would be payable.