The Falcon 9 rocket, complete with the Amos 6 payload, just blew up (Or RUDed) on the launch pad. I believe the standard language for most launch insurances is that it is only covered after "Intentional launch" of the vehicle, specifically limiting incidences like that which occurred this morning. Was Amos 6 insured, and how are such issues typically managed?
The launch insurance doesn't count:
SpaceX explosion didnt involve intentional ignition - E Musk said occurred during 2d stage fueling - & isn't covered by launch insurance. (tweet)
However, the satellite was insured under a different policy until launch:
Spacecom insured Amos-6 for $285M in marine cargo market, not space insurance market. Launch +1 yr policy would kick in at rocket ignition. (tweet)
@cbs_spacenews Sat was insured as marine cargo for pre-launch phase. Launch policy didn't kick in because no ignition-w/-intent-to-launch. (tweet)
Verdict appears to be that the satellite was insured (and that reporting with clarity via twitter is hard, the repeated focus on launch insurance is misleading).