Home > Glossary

Noncertified Act Of Terrorism

Noncertified Act of Terrorism

Definition

A terrorist act that does not meet the criteria for a certified act of terrorism and does not trigger the federal reimbursement provisions of the Terrorism Risk Insurance Act (TRIA). Commercial insurers must offer coverage for "certified acts of terrorism" but are free to either cover or exclude "noncertified acts of terrorism."

Related Terms

Related Products

Navigation

Social Media

User ID: Subscriber Status:Free