New Delhi, April 29 -- With global energy dependency rapidly shifting from conventional sources to nuclear power, it is natural to fear a Chernobyl or Fukushima-like incident anywhere in the world today. Human exposure to nuclear risks is also rising through genetic research in agriculture, radiation use in healthcare, and the increasing possibility of nuclear conflict.

In such circumstances, a natural question arises: do our everyday insurance policies cover nuclear risks?

As on date, none of the insurers in India provide coverage for nuclear exposure or related nuclear incidents.

Whether personal, institutional, or commercial, almost all insurance policies exclude coverage for risks arising out of nuclear exposure or similar events....