This insurance covers general average and salvage charges, adjusted or determined according to the contract of affreightment and or the governing law and practice, incurred to avoid or in connection with the avoidance of loss from any cause except those excluded in Clauses 4,5,6, and 7 or elsewhere in this insurance

This insurance extended to indemnify the Insured against such proportion of liability under the contract of affreightment “Both to blame collision” Clause as is in respect of a loss recoverable hereunder. In the event of any claim by shipowners under the said Clause the Insured agree to notify the Underwriters who shall have the right at their own cost and expense to defend the Insured against such claim

In no case shall this insurance cover loss damage or expense arising from

Unfitness of vessel craft conveyance container or liftvan for the safe of carriage of the subject matter insured.

where the Insured or their servants are privy to such unseaworthiness or unfitness at the time the subject matter insured is loaded therein

The underwriters waive any breach of the implied warranties of seaworthiness of the ship and fitness of the ship to carry the subject matter insured to destination, unless the Insured or their servants are privy to such unseaworthiness or unfitness

In no case shall this insurance cover loss damage or expense caused by

war civil war revolution rebellion insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power

capture seizure arrest restraint or detainment (piracy excepted) and the consequence thereof or any attempt thereat

derelict mines torpedoes bombs or other derelict weapons of war.

caused by strikers, locked-out workmen or person taking part from in labour disturbances, riot or civil commotions

resulting from strikes, locked-outs, labour disturbances, riot or civil commotions

This insurance attaches from the time the goods leave the warehouse or place of storage at the place named herein for the commencement of the transit, continues during the ordinary course of transit and terminates either

on delivery to the Consignee’s or other final warehouse or place of storage at the destination named herein

on delivery to any other warehouse or place of storage, whether prior to or at the destination named herein, which the Insured elect to use either

If, after discharge overside from oversea vessel at the final port of discharge but prior to termination of this insurance the goods are to be forwarded to the destination other then that to which they are insured hereunder this insurance whilst remaining subject to termination as provided for above shall not extend beyond the commencement of transit to such other destination.

this insurance shall remain in force (subject to termination as provided for above and to the provisions of Clause 9 below) during delay beyond the control of the Insured, any deviation, forced discharge, reshipment or transhipment and during any variation of the adventure arising from the exercise of a liberty granted the shipowners or charterers under the contract of affreightment.

If owing to circumstances beyond the control of the Insured either the contract of carriage is terminated at a port or place other than the destination named therein or the transit is otherwise terminated before delivery of the goods as provided for in Clause 8 above then this insurance shall also terminate unless prompt notice is given to underwriters and continuation of cover is requested when the insurance shall remain in force, subject to the additional premium if required by the Underwriters either.

until the goods are sold and delivered at such port or place or unless otherwise specially agreed unlit the expiry of 60 days after arrival of goods hereby insured at such port or place which shall first occur or

if the goods are forwarded within the period of 60 days (or any agreed extension thereof) to the destination named herein or to any other destination until terminated accordance with the provisions of Clause 8 above

Where, after attachment of this insurance the destination is changed by the Insured held covered at a premium and on conditions to be arranged subject to prompt notices being given the Underwriters.

In order to recovered under this insurance the Insured must has an insurable interest in the subject matter insured at the time of the loss

Subject to 11.1 above, the Insured shall be entitled to recover for insured loss occurring during the period of covered by this insurance, notwithstanding that the loss occurred before the contract of insurance was concluded, unless the Insured were aware of the loss and the Underwriting were not.

Where as a result of the operation of a risk covered by this insurance, the insured transit is terminated at a port or a place other then that to which the subject matter is covered under this insurance, the Underwriters will reimburse the Insured for any extra charge properly and reasonably incurred in unloading storing and forwarding the subject matter to the destination to which it is insured hereunder.
This Clause 12, which does not apply to general average or salvage charges shall be subject to the exclusion contained in Clauses 4,5,6, and 7 above, and shall not include charges arising from the fault negligence insolvency or financial default of the Insured or their servants.

No claim for Constructive Total Loss shall be recoverable hereunder unless the subject matter insured is reasonably abandoned either on account of its actual total loss appearing to be unavoidable or because of the cost recovering, reconditioning or forwarding the subject matter the destination to which it is insured would exceed its value on arrival.

If any increased value insurance effected by the Insured on the cargo insured herein the agreed value of the cargo shall be deemed to be increased to the total amount of the insurance and all increase value insurance covering the loss and liability under this insurance shall be in such proportion and the sum insured herein bears to such total amount insured.
In the event of claim the Insured shall provided the Underwriters with evidence of the amount insured under all other insurances.

Where this insurance is on increasing value the following clauses shall apply:
The agreed value of the cargo shall be deemed to be equal to the total amount insured under primary insurance and all increased value insurances covering the loss and effected on the cargo by the Insured, and liability of this insurance shall be in such proportion as the sum insured herein bears to such total amount insured.
In the event of claim the Insured shall provided the Underwriters with evidence of the amount insured under all other insurances.

It is the duty of the Insured and their servants and agents in respect of loss recoverable hereunder

to take such measures as may be reasonable for the purpose of adverting or minimising such loss, and

to ensure that all rights against carrier, bailees or other third parties are properly reserved and exercised

and the Underwriters will in addition to any loss recoverable hereunder, reimburse for any charge properly and reasonably incurred in pursuance of these duties

Measures taken by the insured or the Underwriters with the object of saving, protecting or recovering the subject matter insured shall not be considered as a waiver or acceptance of abandonment or otherwise prejudice the right if either party.

It is a conditions of this insurance that the Insured shall act with reasonable dispatch in all circumstances within their control

It is necessary for the Insured when they become aware of an event which is "held covered" under this insurance to give prompt notices to the Underwriters and the right to such cover is dependent upon compliance with this obligation.

This insurance covers all risks of loss of or damage to the subject matter insured except provided in Clause 4 below and Clause 5, 6 and 7 in Institute Cargo Clause above.

In no case shall this insurance cover

loss damage or expense attributable to wilful misconduct of the Insured

ordinary leakage, ordinary loss in weight or volume or ordinary wear and tear of the subject matter insured

loss damage or expense caused by insufficiency or unsuitability or packing or preparation of subject matter insured (for the purpose of this clause 4.3 “packing” shall be deemed to including stowage in a container or liftvan but only when such stowage is carried out prior to attachment of this insurance or by the Insured or their servant)

loss damage or expense caused by inherent vice or nature of subject matter insured

loss damage or expense proximately caused by delay, even though the delay be caused by a risk insured against (except expenses payable under clause 2 above)

loss damage or expense arising from insolvency or financial default of the owners managers charterers or operators of vessel

loss damage or expense arising from the use of any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter.

This Insurance Covers except as provided in Clause 4 below, and Clause 5, 6 and 7 in Institute Cargo Clause above.

loss of or damage to the subject matter insured reasonably attributable to

entry of sea lake or river into vessel craft hold conveyance container liftvan or place of storage

total loss of any package lost overboard or dropped whilst loading on to or unloading from vessel or craft

In no case shall this insurance cover

loss damage or expense attributable to wilful misconduct of the Insured

ordinary leakage, ordinary loss in weight or volume or ordinary wear and tear of the subject matter insured

loss damage or expense caused by insufficiency or unsuitability or packing or preparation of subject matter insured (for the purpose of this clause 4.3 “packing” shall be deemed to including stowage in a container or liftvan but only when such stowage is carried out prior to attachment of this insurance or by the Insured or their servant)

loss damage or expense caused by inherent vice or nature of subject matter insured

loss damage or expense proximately caused by delay, even though the delay be caused by a risk insured against (except expenses payable under clause 2 above)

loss damage or expense arising from insolvency or financial default of the owners managers charterers or operators of vessel

deliberated damage to or deliberate destruction of the subject matter insured or any part thereof by wrongful act of any person or persons

oss damage or expense arising from the use of any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter.

This insurance covers, except as provided in Clauses 4, 5, 6 and 7 below,

loss or damage to the subject matter insured reasonably attributable to

collision or contract of vessel craft or conveyance with any external object other than water

In no case shall this insurance cover

loss damage or expense attributable to wilful misconduct of the Insured

ordinary leakage, ordinary loss in weight or volume or ordinary wear and tear of the subject matter insured

loss damage or expense caused by insufficiency or unsuitability or packing or preparation of subject matter insured (for the purpose of this clause 4.3 "packing" shall be deemed to including stowage in a container or liftvan but only when such stowage is carried out prior to attachment of this insurance or by the Insured or their servant)

loss damage or expense caused by inherent vice or nature of subject matter insured

loss damage or expense proximately caused by delay, even though the delay be caused by a risk insured against (except expenses payable under clause 2 above)

loss damage or expense arising from insolvency or financial default of the owners managers charterers or operators of vessel

deliberated damage to or deliberate destruction of the subject matter insured or any part thereof by wrongful act of any person or persons

oss damage or expense arising from the use of any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter.

It is understood and agreed that no claim under this policy will be paid in respect of drugs to which the various International Conventions relating to Opium and other dangerous drugs apply unless

The drugs shall be expressly declared as such in the policy and the name of the country from which and the name of the country to which their are consigned specifically stated in the policy. and

the proof of loss is accompanied either by a licence, certificate or authorization issued by the government of country to which are consigned showing that the important of the consignment into that country has been approved by that government or alternatively a licence, certificate or authorization issued by the government of country from which are consigned showing that the export of the consignment to the destination stated has been approved by that government, and

the route by which the drugs were conveyed was usual and customary.

This insurance covers, except as provided in Clauses 3 and 4 below, loss of or damage to the subject-matter insured caused by

war civil war revolution rebellion, or civil strife arising therefrom, or any hostile act by or against a belligerent power

capture seizere arrest restraint or detainment, arising from risks covered under 1.1 above, and the consequences thereof or any attempt thereat

This insurance covers general average and salvage charge, adjusted or determined according to the contract of affreightment and/ or the governing law and practice, incurred to avoid or in connection with the avoidance of loss from a risk covered under these clauses.

loss damage or expense attributable to wilful misconduct of the Assured

ordinary leakage, ordinary loss in weight or volume, or ordinary wear and tear of the subject-matter insured

loss damage or expense caused by insufficiency or unsuitability of packing or preparation of the subject-matter insured (for the purpose of this Clause 3.3"packing" shall be deemed to include stowage in a container or liftvan but only when such stowage is carried out prior to attachment of this insurance or by the Assured or their servants)

loss damage or expense caused by inherent vice or nature of the subject-matter insured

loss damage or expense proximately caused by delay, even though the delay be caused by a risk insured against (except expenses payable under Clause 2 above)

loss damage or expense arising from insolvency or financial default of the owners managers charterers or operations of the vessel

any claim based upon loss of or frustration of the voyage or adventure

loss damage or expense arising from any hostile use of any weapons of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force on matter

In no case shall this insurance cover loss damage or expense arising from

unfitness of vessel craft conveyance container or liftvan for the safe carriage of the subject-matter insured,

The underwriters waive any breach of the implied warranties of seaworthiness of the ship to carry the subject-matter insured to destination, unless the Assured or their servants are privy to such unseaworthiness or unfitness.

attaches only as the subject matter insured and as to any part as that part is loaded on an oversea vessel and

terminates, subject to 5.2 and 5.3 below, either as the subject matter insured and as to any part as that is discharged from an oversea vessel at the final port or place of discharge,
or
on expiry of 15 days counting from midnight of the day of arrival of the vessel at the final or the place of discharge,
whichever shall first occur;
nevertheless,
Subject to prompt notice to the Underwriters and to an additional premium, such insurance

reattached when, without having discharged the subject matter insured at the final port of place of discharge, the vessel sails therefrom, and

terminates, subject to 5.2 and 5.3 below, either as the subject matter insured and as to any part as that part is thereafter discharged from the vessel at the final (or substituted) port or place of discharge, or

on expiry of 15 days counting from midnight of the day of re-arrival of the vessel at the final or the place of discharge or arrival of the vessel at a substituted port or place of discharge,

If during the insured voyage the oversea vessel arrival at an intermediate port or place to discharge the subject matter insured for on carriage by oversea vessel or by aircraft, or the goods are discharged from the vessel at a port or place or refuge, then, subject to 5.3 below and to an additional premium if required, this insurance continues until the expiry of 15 days counting from midnight of the day of arrival of the vessel at such port or place, but thereafter reattaches as the subject matter insured and as to any part as that part is loaded on an on-carrying oversea vessel or aircraft. During the period of 15 days the insurance remains in force after discharge only whilst the subject matter insured as to any part as that part is at such port or place. If the goods are on carried within the said period if 15 days or if the insurance reattaches as provided in this clause 5.2

where the on-carriage is by oversea vessel this insurance continues subject to the terms of these clause,
or

where the on-carriage is by aircraft, the current Institute War Clause (Air Cargo) (excluding sending by Post) shall be deemed to form part of this insurance and shall apply to the on-carriage by air.

If the voyage in the contract of carriage in terminated at a port or place other than the destination agreed therein, such port or place shall be deemed the final port of discharge and such insurance terminates in accordance with 5.1.2 of the subject matter insured is subsequently reshipped to the original or any other destination, then provided notice is given to the Underwriters before the commencement of such further transit and subject to an additional premium, such insurance reattaches

in the case of the subject matter insured having been discharged, as the subject matter insured and as to any part as that part is loaded on the on-carrying vessel for the voyage;

in the case of the subject matter not having been discharged, when the vessel sails from such deemed final port of discharge;

The insurance against the risks of mines and derelict torpedoes, floating or submerged, is extended whilst the subject matter insured or any part thereof is on craft whilst in transit to or from the oversea vessel, but in no case beyond the expiry of 60 days after discharge from the oversea vessel unless otherwise specially agreed by the Underwriters.

subject to prompt notice to Underwriters, and to an additional premium id required, this insurance shall remain in force within the provisions of these Clauses during any deviation, or any variation or the asventure arising from the exercise of a liberty granted to shipowners under the contract of affreightment.

(For the purpose of this Clause 5 "arrival" shall be deemed to mean that the vessel is anchored, moored or otherwise secured at a berth or place within the Harbour Authority area. If such a berth or place is not available, arrival is deemed to have occurred when the vessel first anchored, moors or otherwise secures either at or off the intended port or place or discharge "oversea vessel" shall be deemed to mean a vessel carrying the subject matter from one port or place to another where such voyage involves a sea passage by that vessel)

Where, after attachment of this of this insurance, the destination is changed by the Insured, held covered at a premium and on conditions to be arranged subject to prompt notice being given to the Underwriters.

Anything contained in this contract which is inconsistent with Clause 3.7, 3.8 or 5 shall, to the extent of such inconsistency, be null and void.

This insurance covers, except as provided in Clauses 3 and 4 below, loss of or damage to the subject-matter insured caused by

strikes, locked-out workmen, or person taking part in labour disturbances, riots or civil commotions

This insurance covers general average and salvage charge, adjusted or determined according to the contract of affreightment and/ or the governing law and practice, incurred to avoid or in connection with the avoidance of loss from a risk covered under these clauses.

loss damage or expense attributable to wilful misconduct of the Assured

ordinary leakage, ordinary loss in weight or volume, or ordinary wear and tear of the subject-matter insured

loss damage or expense caused by insufficiency or unsuitability of packing or preparation of the subject-matter insured (for the purpose of this Clause 3.3"packing" shall be deemed to include stowage in a container or liftvan but only when such stowage is carried out prior to attachment of this insurance or by the Assured or their servants)

loss damage or expense caused by inherent vice or nature of the subject-matter insured

loss damage or expense proximately caused by delay, even though the delay be caused by a risk insured against (except expenses payable under Clause 2 above)

loss damage or expense arising from insolvency or financial default of the owners managers charterers or operations of the vessel

loss damage or expense arising from the absence shortage or withholding of labour of any description whatsoever resulting from any strike, lockout, labour disturbance, riot or civil commotion

any claim based upon loss of or frustration of the voyage or adventure

loss damage or expense arising from the use of any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force on matter

loss damage or expense caused by war civil war revolution rebellion insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power.

In no case shall this insurance cover loss damage or expense arising from

unfitness of vessel craft conveyance container or liftvan for the safe carriage of the subject-matter insured,

where the Assured or their servants are privy to such unseaworthiness or unfitness, at the time the subject-matter insured is loaded therein.

The underwriters waive any breach of the implied warranties of seaworthiness of the ship to carry the subject-matter insured to destination, unless the Assured or their servants are privy to such unseaworthiness or unfitness.

This insurance attaches from the time the goods leave the warehouse or
place of storage at the place named herein for the commencement of the transit, continues during the ordinary course of transit and terminates either

on delivery to the Consignees' or other final warehouse or place of storage at the destination named herein,

on delivery to any other warehouse or place of storage, whether prior to or at the destination named herein, which the Assured elect to use either

on the expiry of 60 days after completion of discharge of discharge overside of the goods hereby insured from the oversea vessel at the final port of discharge,

If, after discharge overside from the oversea vessel at the final port of discharge, but prior to termination of this insurance, the good are to be forwarded to a destination other than that to which they are insured hereunder, this insurance, whilst remaining subject to termination as provided for above, shall not extend beyond the commencement of transit to such other destination.

This insurance shall remain in force (subject to termination as provided for above and to the provisions of Clause 6 below) during delay beyond the control of the Insured, any deviation, forced discharge, reshipment and during any variation of the adventure arising from the exercise of a liberty granted to shipowners or charterers under the contract of affreightment.

If owing to circumstances beyond the control of the Insured either the contract of carriage is terminated at a port of place other than the destination named therein or transit is otherwise terminated before delivery of the goods as provided for in Clause 5 above, then this insurance shall also terminate unless prompt notice is given to the Underwriters and continuation of cover is requested when the insurance shall remain in force, subject to an additional premium if requested by the Underwriters either

unlit the goods are sold and delivered at such port or place or unless otherwise specially agreed until 60 days after arrival of the goods hereby at such port or place , whichever shall first occur,
or

if the goods are forwarded within the said period of 60 days (or any agreed extension thereof) to the destination named herein or to any other destination until terminated in accordance with the provisions of Clause 5 above

Where, after attachment of this insurance, the destination is changed by the Insured, held covered at a premium and on conditions to be arranged subject to prompt notice being given to the Underwriters

The following paragraphs 8-14 are applicable both to Institute War & Strike Clauses (Cargo)

In order to recovered under this insurance the Insured must has an insurable interest in the subject matter insured at the time of the loss

Subject to 11.1 above, the Insured shall be entitled to recover for insured loss occurring during the period of covered by this insurance, notwithstanding that the loss occurred before the contract of insurance was concluded, unless the Insured were aware of the loss and the Underwriting were not.

If any Increased Value insurance effected by the Insured on the cargo insured herein the agreed value of the cargo shall be deemed to be increased to the total amount of the insurance and all increase value insurance covering the loss and liability under this insurance shall be in such proportion and the sum insured herein bears to such total amount insured.
In the event of claim the Insured shall provided the Underwriters with evidence of the amounts insured under all other insurances.

Where this insurance is on Increasing Value the following clauses shall apply :
The agreed value of the cargo shall be deemed to be equal to the total amount insured under primary insurance and all Increased Value insurances covering the loss and effected on the cargo by the Insured, and liability of this insurance shall be in such proportion as the sum insured herein bears to such total amount insured.
In the event of claim the Insured shall provided the Underwriters with evidence of the amount insured under all other insurances.

The insurance shall not inure to the benefit of carrier or other bailee.

It is the duty of the Insured and their servants and agents in respect of loss recoverable hereunder

to take such measures as may be reasonable for the purpose of adverting or minimising such loss, and

to ensure that all rights against carrier, bailees or other third parties are properly reserved and exercised

and the Underwriters will in addition to any loss recoverable hereunder, reimburse for any charge properly and reasonably incurred in pursuance of these duties

Measures taken by the insured or the Underwriters with the object of saving, protecting or recovering the subject matter insured shall not be considered as a waiver or acceptance of abandonment or otherwise prejudice the right if either party.

It is a conditions of this insurance that the Insured shall act with reasonable dispatch in all circumstances within their control

It is necessary for the Insured when they become aware of an event which is “held covered” under this insurance to give prompt notices to the Underwriters and the right to such cover is dependent upon compliance with this obligation.