War risk insurance generally has two components: war risk liability, which covers people and items inside the craft and is calculated based on the indemnity amount; and war risk hull, which covers the craft itself and is calculated based on the value of the craft. The premium varies based on the expected stability of the countries to which the vessel will travel.
War risk insurance typically comprises two elements: war risk liability, which safeguards individuals and goods within the vessel and is determined by the indemnity amount; and war risk hull, which protects the vessel itself and is calculated based on its value. The premium fluctuates depending on the anticipated stability of the nations visited by the ship.