Ever read the fine print?
If you've gone up to Baguio on Victory Liner buses, for an additional 5 php, you will get insurance. One time i read the fine print, and i was laughing at this clause:
a) any loss or expense caused by or resulting from:
(2) war, invasion, act of foreign enemy, hostilities or warlike operations (whether war to be declared or not), mutiny, riot, civil commitions, conspiracy, military or ursurped power, martial law or state of siege, seizure, quarantine; or customs regulation, or nationalization by or under the order of any government or public or local authority, or any weapon or instrument involving atomic fission or radioactive force whether in time of peace or war .
Woah. Guess they thought of everything, did they? XD