Page 8 - Marine Insurance IC67 EBOOK
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insufficiency or unsuitability of packing or the Assured or their servants are privy to such
preparation of the subject matter insured (for unseaworthiness or unfitness.
the purpose of this Clause 4.3 "packing"
shall be deemed to included storage in a 6. War Exclusion Clause :
container or liftvan but only when such
storage is carried out prior to attachment of In no case shall this insurance cover loss
this insurance or by the Assured or their damage or expense caused by
servants)
1. war, civil war, revolution, rebellion
4. loss damage or expense caused by inherent insurrection, or civil strife arising therefrom, or
vice or nature of the subject-matter insured. any hostile act by or against a belligerent
power.
5. loss damage or expenses proximately
caused by delay, even though the delay be 2. capture seizure arrest restraint or detainment,
caused by a risk insured against (except and the consequences thereof or any attempt
expenses payable under Clause 2 above) thereat.
6. loss damage or expense arising from 3. derelict mines torpedoes bombs or other
insolvency or financial default of the owners derelict weapons of war.
managers charterers or operators of the
vessel. 7. Strikes Exclusion Clause :
7. deliberate damage to or deliberate destruction In no case shall this insurance cover loss damage
of the subject-matter insured or anypart or expense.
thereof by the wrongful act of any person or 1. caused by strikes, locked-out workmen, or
persons.
persons taking part in labour disturbances,
8. loss damage or expense arising from the use riots or civil commotion.
of any weapon or war employing atomic or
nuclear fusion and/or fusion or other like 2. resulting from strikes, lock-outs, labour
reaction or radioactive force or matter. disturbances, riots or civil commotion.
5. Unseaworthiness and 3. caused by any terrorist or any person acting
Unfitness Exclusion Clause : from a political motive.
1. In no case shall this insurance cover loss 8. Duration :
damage or expense arising from
unseaworthiness of vessel or craft. 1. This insurance attaches from the time the
goods leave the warehouse or place of
unfitness of vessel, craft, conveyance storage at the place named herein for the
container or liftvan for the safe carriage of the commencement of the transit, continues
subject-matter insured. during the ordinary courses of transit and
terminates either.
where the Assured of their servants are privy
to such unseaworthiness or unfitness, at the on delivery to the Consignees or other final
time the subject-matter insured is loaded warehouse or place of storage at the
therein. destination named herein.
2. The underwritten waive any breach of the on delivery to any other warehouse or place
implied warranties of sea worthiness of the or storage, whether prior to or at the
ship and fitness of the ship to carry the destination named herein, which the Assured
subject-matter insured to destination, unless elect to use either.
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