Covers aircraft damage resulting from the war and allied perils that are excluded under aviation all risks insurance. The principal exclusions are as follows: nuclear war; war between five major powers (UK, US, France, Russian Federation, China); confiscation, seizure due to debt, failure to provide a bond or other financial causes; repossession or attempt thereat. Geographical limits may apply. War policies for large fleets attract an overall annual aggregate limit. The policies are not usually subject to a deductible.