Spin on behalf of the state for sure, your auto insurance is set up the same way. They want to pretend there are no legal uses of a firearm that you can be unjustly prosecuted for. The criminal court is just one thing this covers against, civil court is where the fun really is. You can accumulate tens of thousands of dollars in protecting yourself in civil court for an action the state does not prosecute in criminal court.
NRA will fight it, guaranteed. There are many other policies that cover POTENTIALLY criminal activities such as auto insurance, prepaid legal, etc.