To amend title 49, United States Code, to extend the non-premium war risk insurance program.

Bill 118 hr 4762, also known as the Non-Premium War Risk Insurance Program Extension Act, aims to amend title 49 of the United States Code in order to extend the non-premium war risk insurance program. This program provides insurance coverage for vessels and their operators in the event of war risks, such as acts of terrorism or piracy.

The bill seeks to extend this program in order to continue providing essential insurance coverage for vessels engaged in international trade and transportation. By extending the program, Congress hopes to ensure that vessels and their operators have the necessary protection in place to mitigate the financial risks associated with operating in high-risk areas.

Overall, the Non-Premium War Risk Insurance Program Extension Act is a crucial piece of legislation that aims to support the maritime industry and promote the safe and efficient transportation of goods and passengers. It is important for Congress to pass this bill in order to provide continuity and stability for the non-premium war risk insurance program.