| Type |
Marine Insurance |
| Price |
$100 |
| Coverage Limitation |
Up to the car price |
| Risk covered |
1.1 loss of or damage to the subject-matter insured reasonably attributable to |
1.1.1 Fire or Explosion |
| 1.1.2 Vessel or Craft Being stranded grounded sunk or capsized |
| 1.1.3 Overturning or derailment of land conveyance |
| 1.1.4 Collision or contact of vessel craft or conveyance with any external object other than water |
| 1.1.5 Discharge of cargo at a port of distress |
| 1.2 loss of or damage to the subject-matter insured caused by |
1.2.1 General average sacrifice |
| 1.2.2 Jettison |
| General Average Clause |
2 This insurance covers general and salvage charge, adjusted or determined according to the contract of affreightment and/or the governing law and practice, incurred to avice as in connection with the avoidance of loss from any cause except those excluded in Clause 4,5,6 and 7 or elsewhere in this insurance. |
| "Both to Blame Collision" Clause |
3 This insurance is extended to indemnify the assured against such proportion of liability under the contract of affreightment "Both to Blame Collision" Clause as is in respect of a loss recoverable hereunder. |
| General Exclusions Clause |
4.1 loss damage or expense attributable to wilful misconduct of the assured |
| 4.2 Ordinary leakage, ordinary loss in weight or volume, or ordinary wear and tear of the subject-matter insured |
| 4.3 loss damage or expense caused by insufficiency or unsuitability of packing or preparation of the subject-matter insured (for the purpose of this Clause 4.3 "packing" shall be deemed to included stowage in a container or liftvan but only when such stowage is carried our priror to attachment of this insurance or by the assured or their servants) |
| 4.4 loss damage or expense caused by inherent vice or nature of the subject-matter insured |
| 4.5 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) |
| 4.6 loss damage or expense arising from insolvency or financial default of the owners managers charaters or operators of the vessel |
| 4.7 deliberate damage to or deliverate destruction of the subject-matter insured or any part thereof by the wrong ful act of any person or persons |
| 4.8 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 |
