The insurance company in your example is also exempt. But the terms and laws are different from country to country, and so are the premiums. As we said, different occupations have different safety margins and therefore different premiums. As long as there is a clause in the policy, it is an exclusion. Some life insurance policies are based on death. It doesn't matter what kind of death it is. Even murder. So it depends on the terms and conditions. Another example is the 9/11 terrorist attacks in the US. 5000 casualties, 1 million dollars per person, about 5 billion dollars. In China it would not be such a high figure.
About what you said about spending money and not getting the appropriate coverage, you are saying that you didn't spend the appropriate premiums for this insurance. So you can't say you spent money and didn't get the right coverage.
Regarding your example of medical radioactivity "iridium", the intensity of the radiation is such that it is unlikely to cause significant harm to more than a handful of people in a short period of time. In other words, there is no immediate danger to people living in the vicinity of a nuclear power plant. Only up to 4000 microsieverts would be dangerous. So don't worry
While there is no specific "nuclear radiation insurance", there are individual company's insurance including ,but nuclear radiation caused by the result is often the incidence of major diseases increased, therefore, as long as the insurance policy for major illnesses, hospitalization insurance and other insurance varieties, but also to a certain extent, more effective way to avoid the risks that may bring! the risk.
Nuclear power plant insurance needs to be a third party compulsory insurance
Hao Yanshu told reporters that the nuclear power plant facilities property insurance by property insurance companies. And for nuclear radiation, nuclear pollution caused by the public personal and property losses, which is a third-party liability insurance.
In accordance with Japan's relevant legal provisions, the operator of the nuclear power plant must be insured for its power plant statutory third-party liability insurance, the amount of insurance needs to reach 1.3 billion U.S. dollars, disaster losses in excess of the part borne by the government.
The United States, Canada and other countries have mandatory third-party liability insurance requirements for potentially dangerous nuclear power plants, and China appears to be insufficient in this regard. 2009 China enacted the Tort Liability Law, Article 70 provides that: If a nuclear accident occurs in a civil nuclear facility and causes damage to another person, the operator of the civil nuclear facility shall bear the responsibility for the damage in tort, but if it can be proved that the damage was caused by war and other circumstances or that the damage was intentionally caused by the victim, it shall not be liable for the damage. The victim is not liable if it can be proved that the damage was caused by circumstances such as war or that the damage was caused intentionally.
Currently, China has adopted the nuclear insurance ****same system, which is more common in the world, but there is no mandatory requirement of liability insurance for nuclear power plants. China's nuclear insurance ****commonwealth was established in 1999, there are currently 21 member units, domestic and foreign underwriting capacity has ranked fifth and third in the world respectively. The China Nuclear Insurance*** Consortium also participates in the reinsurance of nuclear insurance for the Fukushima nuclear power plant, but the share is relatively small and will not have an impact on the operational stability of the non-life insurance companies within the Nuclear*** Consortium. Since nuclear risks are usually excluded by the conventional insurance market, nuclear insurance business needs to arrange reinsurance in specific nuclear insurance markets, various international nuclear power insurance organizations, such as NEIL in the United States and EMANI in Europe.
According to the official information, 10 out of 11 reactors in operation in China have already participated in the commercial insurance of the operation phase, with the insurance value reaching up to 80 more than 100 million yuan, and third-party damage liability insurance for nuclear accidents totaling more than 1.2 billion yuan. The underwriting capacity of China's nuclear *** bodies has been able to meet 25 to 40 percent of China's nuclear power plant insurance needs.
Industry sources told the reporter that from the life insurance aspect, it is usually difficult to get claims for personal losses caused by nuclear radiation. From the property insurance side, the loss of nuclear damage caused by the accident has a national maximum ceiling.
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Currently the domestic nuclear power plant insurance in addition to construction and property insurance, usually also insured public liability insurance and nuclear third-party liability insurance, used to protect the public damage caused by nuclear power accidents, a single nuclear power plant's public liability insurance coverage is usually tens of millions of dollars.
According to the State Council's reply on the issue of liability for damages caused by nuclear accidents (Guo Huan [2007] No. 64), the maximum amount of compensation payable by the operator of a nuclear power plant and the operator of the storage, transportation and reprocessing of spent fuel for the damages caused by a nuclear accident shall be 300 million yuan, and that of the other operators for the damages caused by a nuclear accident shall be 100 million yuan. In the event that the total amount of compensation payable for damage caused by a nuclear accident exceeds the maximum amount, the State will provide financial compensation up to a maximum of RMB 800 million. However, the State Council shall assess and decide on the need to increase the amount of State financial compensation for damages resulting from a nuclear accident caused by an extraordinary nuclear accident.
Additionally, the interpretation of nuclear explosion, nuclear radiation or nuclear contamination is clearly defined, including all nuclear explosions, nuclear radiation or nuclear contamination
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