What Does Terrorism Mean?
Terrorism is the deliberate use of violence or intimidation to try to achieve a specific outcome. It is usually motivated by some form of political or religious ideology, or simply an individual or group's desire to cause destruction or to achieve a goal by means of destruction and/or violence.
In the context of insurance, it is extremely difficult to assess terrorism in terms of risk and set appropriate premiums for it. Therefore, most types of casualty and property insurance specifically exclude it from coverage; however, endorsements may be available for terrorism coverage in some cases.