Conditions of Insurance

COVER

For the purpose of Section 1, the Insured shall be the customer, and the Contractor shall be the Remover/Shipper/Forwarder.

Subject to the specified Contractor having been given specific instructions to transport the goods to be insured, this Insurance shall indemnify the customer for:

  • Loss, destruction or damage to the property by an insured event (as hereinafter defined). Subject to the exceptions, clauses and conditions contained herein.
  • Costs associated with Packing and Shipping expenses up to £2,000, where this follows a total loss of the consignment, whether this be professionally packed or owner packed goods.

INSURED EVENT

  1. In respect of Professionally Packed Goods, shall mean "All Risks" of physical loss, destruction or damage as per the relevant Institute and /or other Clauses mentioned herein other than hereinafter excepted.
  2. In respect of Owner Packed Goods, shall mean goods which have not been packed by the Contractor. As such, cover shall be restricted as hereinafter specified and subject to relevant Institute and/or other Clauses mentioned herein other than hereinafter excepted.

     

    OWNER PACKED risks covered
    This insurance covers loss of or damage to the subject-matter insured reasonably attributable to:

    1. Fire or explosion
    2. Vessel or craft being stranded grounded sunk or capsized
    3. Overturning or derailment of land conveyance
    4. Collision or contact of vessel craft or conveyance with any external object other than water
    5. Discharge of cargo at a port of distress

     

    Earthquake volcanic eruption or lightning, Loss of or damage to the subject-matter insured caused by:

    1. General average sacrifice
    2. Jettison or washing overboard
    3. Entry of sea lake or river water into vessel craft hold conveyance container lift van or place of storage
    Total loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel or craft.

PROPERTY

This shall mean the "customers" property of every description, for which the Contractor has received specific instructions to transport AND has been specified on the detailed inventory.

VOYAGES COVERED

United Kingdom to any destination worldwide excluding those countries specified elsewhere within the website.

INTERNATIONAL REMOVAL LIMITS

Up to £100,000 any one Customer.
Please Note: Higher limits may be available. Please contact us at iinfo@movingabroadinsurance.co.uk

BASIS OF SETTLEMENT

The settlement of any claim shall be by replacement, repair and/or compensation at Insurers' option. Where settlement is by repair the work shall be carried out by a Craftsman or firm of skill and experience appropriate to the quality of the damaged item, having regard to current commercial practice.

Where settlement involves compensation or replacement, regard shall be given to the age, quality, degree of use and resulting current market value of the item in question or one of reasonable similarity, i.e. on an indemnity basis.

PRINCIPLE EXCLUSIONS

  1. Livestock (including pets, birds or fish, etc) or plants.
  2. Cash, bank notes, cheques, travellers cheques, money orders, postal orders, national saving certificates, premium bonds, stamps, deeds, tickets, passports, manuscripts, lottery tickets or documents of any description, medals, coins, bonds, securities.
  3. Jewellery, watches, precious stones, money, coins, deeds, bonds, securities and stamps of all kinds personal ornaments, precious metals.
  4. Furs, perfumery, tobacco, cigars, cigarettes, wines, spirits and the like, explosives and any other article of similar description. Also excluding any accompanied luggage or any article used or worn during the course of the transit.
  5. Data records other than cost of blank data carrying materials.
  6. System, Kit or Flat Pack Furniture, which is unsuitable to remove, dismantle or re-assemble.
  7. Loss and/or damage caused by wear, tear, gradual deterioration (including the deterioration of contents of deep freeze units), moth, insect and/or vermin, damp, mildew, rust, climatic or atmospheric causes, inherent vice and latent defect or the leakage of liquid from any receptacle or container.
  8. Mechanical or electrical damage or derangement unless reasonably attributable to physical damage to such items from an external cause, or following fire, flood, collision or overturning of road vehicles or other conveyances.
  9. Breakage, scratching, denting, chipping, bruising, staining, tearing and marring to "owner packed" goods, including trunks, suitcases and the like. Also excluding claims for missing items unless a copy of our inventory is supplied by the Insured to the Contractor prior to commencement of transit, and such list noted and confirmed by the Contractor as representing an accurate schedule of goods to be transported.
  10. Claims for consequential loss of any kind or description.
  11. Excluding claims for confiscation or seizure of goods by Customs or Government Agencies.
  12. Loss and/or damage caused by latent defect and manual, mechanical and/or electrical operation of the insured property.
  13. Theft or pilferage at site during unloading, assembly and/or erection unless following visible signs of forcible and violent entry into and/or exit from the premise.
  14. Loss of life and/or personal injury and/or damge to other property, other third party risks or indirect and consequential losses.
  15. All claims notified to the Contractor and /or the loss adjuster after 14 days from delivery or, in the case of Non-Delivery, after 14 days from the date when the property would normally have been delivered.
  16. Excluding loss or damage by climatic or atmospheric conditions or extremes of temperature unless such claim is recoverable under the terms of the Institute Cargo Clauses (C). No claim to attach hereto for damage to strings, reeds and\or drumheads in respect of musical instruments.

EXCESS

£50 or 1% of the Total Sum Insured, whichever is the greater, subject to a maximum excess of £250 each and every claim any one Contract or move any one Insured.

CONDITIONS

  1. Institute Cargo Clauses (A) CL 252 dated 1.1.82 and/or Institute Cargo Clauses (Air) CL 259 dated 1.1.82 as applicable.
  2. Institute Cargo Clauses (B)
  3. Institute Cargo Clauses ( C)
  • Institute War Clauses (Cargo) CL 255 dated 1.1.82 and/or Institute War Clauses (Air Cargo) CL 258 dated 1.1.82 as applicable.
  • Institute Strikes Clauses (Cargo) CL 256 dated 1.1.82 and/or Institute Strikes Clauses (Air Cargo) CL 260 dated 1.1.82 as applicable.

    Please note that cover in respect of War and Strikes is not automatic for all transits. For details, please contact us at info@movingabroadinsurance.co.uk
  • Institute Extended Radioactive Contamination Exclusion Clause
  • Institute Chemical, Biological, Bio-Chemical, Electromagnetic Weapons & Cyber Attack Exclusion Clause.
  • Termination of Transit Clause (Terrorism).
  • General Average and Salvage Clause:

    Contribution to General Average & Salvage Charges recoverable hereunder are payable in full irrespective of Insured Value. General Average Deposits recoverable hereunder shall be payable on production of the relevant Deposit Receipts.
N.B The above mentioned 'Institute' clauses are deemed to be correct and current at the time of issue of this insurance but may be subject to any replacing clause(s) as may be agreed by the Institute of London Underwriters. All replacement clauses shall be effective from the date of change, however any Cargo on Risk or attaching Prior to Midnight on the date of change shall be covered subject to the expiring Clause(s).

 

For full terms and other conditions to be read in conjunction with those stated above please read the entire content of this internet site carefully.

AVERAGE CLAUSE

In the event of the sum insured being less than the total value at the time and place of loss of the insured property, the Insured shall only be entitled to recover hereunder such proportion of the loss as the sum insured bears to the total value of the insured property.

CARGO ISM ENDORSEMENT

Applicable to shipments on board Ro-Ro passenger ferries. Applicable with effect from 1st July 1998 to shipments on board:

  1. passenger vessels transporting more than twelve passengers, and
  2. oil tankers, chemical tankers, gas carriers, bulk carriers and cargo high speed craft of 500 gt or more.

 

Applicable with effect from 1st July 2002 to shipments on board all other cargo ships and mobile offshore drilling units of 500 gt or more.

In no case shall this insurance cover loss, damage or expense where the subject matter insured is carried by a vessel that is not ISM Code certified or whose owners or operators do not hold an ISM Code Document of Compliance when, at the time of loading of the subject matter insured on board the vessel, the Assured were aware, or in the ordinary course of business should have been aware:

  1. Either that such vessel was not certified in accordance with the ISM Code.
  2. Or that a current Document of Compliance was not held by her owners or operators, as required under the SOLAS Convention 1974 as amended.

 

This exclusion shall not apply where this insurance has been assigned to the party claiming hereunder who has bought or agreed to buy the subject matter insured in good faith under a binding contract.

CHANGE OF DESTINATION / DEVIATION / DELAY

In case of voluntary change of destination and/or deviation and/or delay within the Insured's control, the insured goods are held covered hereunder subject to the Insured reporting, as soon as possible, all such events to Underwriters.

In case of short shipment in whole or part by the vessel reported for insurance hereunder, Underwriters agree to hold the Insured covered against the risks insured hereunder until arrival at the final destination to which the goods are insured or until the goods are no longer at the risk of the Insured, whichever may first occur.

COLUMBIA INLAND TRANSIT DEDUCTIBLE CLAUSE

Any transit within Columbia is subject to a 10% of shipment value deductible in respect of theft pilferage hijack or any attempt thereat, shortage or non delivery.

COMPUTER MILLENNIUM EXCLUSION CLAUSE (CARGO)

In no case shall this insurance cover any loss, damage, expense or liability of whatever nature which might otherwise be recoverable under this insurance arising out of or in any way connected with, whether directly or indirectly, the use or operation of any computer, computer system, computer software, programme, or process or any electronic system where such a loss, damage, expense or liability arises, whether directly or indirectly, as a consequence of

  1. the date change to the year 2000 or any other date change and/or
  2. any change or modification of or to any such computer, computer system, computer software, programme or process or any electronic system in relation to any such date change.

CONTRACT (RIGHTS OF THIRD PARTIES) ACT 1999 EXCLUSION CLAUSE

The provisions of the Contracts (Rights of Third Parties) Act 1999 do not apply to this insurance or to any certificate(s) of insurance hereunder. Neither this nor any certificates issued hereunder confer any benefits on any third parties. No third party may enforce any term of this insurance or of any certificate issued hereunder.

This clause shall not affect the rights of the Assured (as assignee or otherwise) or the rights of any loss payee.

CRAFT CLAUSE

Including transit by craft and/or lighter to and from the vessel. Each craft and/or lighter to be deemed a separate insurance. Also to cover any special or supplementary lighterage. The Assured are not to be prejudiced by any agreement exempting lightermen from liability.

DELIBERATE DAMAGE POLLUTION HAZARD CLAUSE

This insurance is also extended to cover, but only while the subject-matter insured is on board a waterborne conveyance, loss of or damage to said property directly caused by governmental authorities acting for the public welfare to prevent or mitigate a pollution hazard or threat thereof, provided that the accident or occurrence creating the situation which required such governmental action would have resulted in a recoverable claim under the Policy (subject to all of its terms, conditions and warranties) if the property insured would have sustained physical loss or damage as a direct result of such accident or occurrence.

This clause shall not increase the Limits of Liability provided for elsewhere herein.

DEPRECIATION

Underwriter's liability is restricted to the reasonable cost of repair and no claim is to attach hereto for depreciation consequent thereon. In no case shall liability hereunder for such repairs exceed the sum insured in respect of the damaged article.

DURATION CLAUSE

Notwithstanding the Duration Clause as stated in the Institute Cargo Clauses (A) and (Air Cargo) this insurance attaches from the time the insured property leaves the Insured's residence or place of storage at the place named for the commencement of the transit, including where applicable whilst at packers premises being packed or awaiting shipment for a period not exceeding 30 days and terminates either:

  1. on delivery to the Insured's premises at the destination named, or
  2. on delivery to a place of storage other than in the ordinary course of transit, or
  3. on expiry of 60 days after completion of discharge overside from the overseas vessel at the final port of discharge or 30 days after unloading from the aircraft at the final place of discharge,

...whichever shall first occur.

Up to 60 Days incidental storage will be included where this occurs during the course of the intended transit. Goods stored in a Self Storage facility will not be covered.

FRAGILES & ANTIQUES WARRANTY

Warranted that the maximum value of fragiles and/or antiques does not exceed 15% of the overall consignment value unless specifically agreed with insurers prior to the commencement of transit.

GENERAL AVERAGE

This insurance covers General Average and Salvage Charges, adjusted or determined according to the contract of affreightment and/or the governing law and practice (or, if there is no contract of affreightment, according to Foreign Statement or to York - Antwerp Rules) incurred to avoid or in connection with the avoidance of loss from any cause except those specifically excluded herefrom.

For the purpose of Claims for General Average contributions and Salvage Charges recoverable hereunder, the subject matter insured shall be deemed to be insured for its full contributory value.

General Average deposits shall be payable on production of General Average deposit receipts.

INSOLVENCY AMENDMENTS CLAUSE

Exclusions 4.6 of the Institute Cargo Clause (A), Institute Cargo Clauses (B), Institute Cargo Clauses (C) and Exclusions 3.6 of the Institute War Clauses (Cargo) and the Institute Strikes Clauses (Cargo) are amended to read:

"Loss or damage or expense caused by insolvency or financial default of the Owners, Managers, Charters or Operators of the vessel where, at the time of loading of the subject-matter insured on board the vessel, the Insured is aware, or in the ordinary course of business should be aware, that such insolvency or financial default could prevent the normal completion of the voyage.

This exclusion shall not apply where this insurance has been assigned to the party claiming hereunder who has bought or agreed to buy the subject-matter insured in good faith under a binding contract".
This amendment applies to all goods shipped on Conference Line Vessels.

 

INSTITUTE CLASSIFICATION CLAUSE

This insurance is subject to the Institute Classification Clause CL 354 dated 1.1.2001

INSTITUTE RADIOACTIVE CONTAMINATION CHEMICAL, BIOLOGICAL, BIO-CHEMICAL, ELECTROMAGNETIC WEAPONS EXCLUSION CLAUSE

This clause shall be paramount and shall override anything contained in this insurance inconsistent therewith.

In no case shall this insurance cover loss damage liability or expense directly or indirectly caused by or contributed to by or arising from

  1. ionising radiations from or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear fuel
  2. the radioactive, toxic, explosive or other hazardous or contaminating properties of any nuclear installation, reactor or other nuclear assembly or nuclear component thereof
  3. any weapon or device employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter
  4. the radioactive, toxic, explosive or other hazardous or contaminating properties of any radioactive matter. The exclusion in this sub-clause does not extend to radioactive isotopes, other than nuclear fuel, when such isotopes are being prepared, carried, stored, or used for commercial, agricultural, medical, scientific or other similar peaceful purposes.
  5. any chemical, biological, bio-chemical or electromagnetic weapon.

INSTITUTE CYBER ATTACK EXCLUSION CLAUSE

  1. Subject only to clause 2 below, in no case shall this insurance cover loss damage liability or expense directly or indirectly caused by or contributed to by or arising from the use or operation, as a means for inflicting harm, of any computer, computer system, computer software programme, malicious code, computer virus or process or any other electronic system.
  2. Where this clause is endorsed on policies covering risks of war, civil war, revolution, rebellion, insurrection, or civil strife, arising therefrom, or any hostile act by or against a belligerent power, or terrorism, or any person acting from a political motive, Clause 1 shall not operate to exclude losses (which would otherwise be covered) arising from the use of any computer, computer system, computer software programme or any other electronic system in the launch and/or guidance system and/or firing mechanism of any weapon or missile.

ITEMS IN NON-WATERPROOF CRATES OR PACKAGING

Excluding Rust, Oxidisation, Discoloration, Wetting, Staining and the Cost of Repainting as applicable.

LETTERS OF CREDIT CLAUSE

Where the Insured is obliged to arrange insurance in accordance with any instructions contained in a Letter of Credit such cover is granted hereunder, provided it does not exceed the existing provisions of this contract wording or held covered at a premium to be agreed.

Notwithstanding the above and irrespective of the Letter of Credit requirements the interest of the Insured shall always be protected hereunder against all the risks covered by this policy wording.

NON CONTRIBUTION CLAUSE

This insurance does not cover any loss or damage which at the time of happening of such loss or damage is insured by or would but for the existence of this Policy, be insured by any other existing Policy or Policies except in respect of any excess beyond the amount which would have been payable under such other Policy or Policies had this Insurance not been effected.

ON DECK SHIPMENTS

For the purpose of this Policy, "On Deck" shipments in containers, shall be considered as "Under Deck" shipments. All other shipments carried "On Deck" and subject to On Deck Bill of Lading are insured subject to Institute Cargo Clauses (C) CL 254 dated 1.1.82 conditions including Jettison and Washing Overboard or as separately agreed by Underwriters.

PAIRS AND SETS CLAUSE

Where any insured item consists of articles in a pair or set this policy is not to pay more than the value of any particular part or parts which may be lost without reference to any special value which such article or articles may have as part of such pair or set, nor more than a proportionate part of such pair or set.

PROCESS CLAUSE

Excluding loss and/or damage to the subject-matter hereby insured caused by processing, errors in processing and/or as a direct result of being worked upon unless due to an external cause otherwise covered by this policy.

REPLACEMENT CLAUSE

Subject to the Institute Replacement Clause CL 161 dated 1.1.34 and/or the Secondhand Replacement Clause as below, as applicable.

SECONDHAND REPLACEMENT CLAUSE

In the event of a claim for loss of or damage to any part or parts of the interest insured, in consequence of a peril covered by the policy, the amount recoverable hereunder shall not exceed such proportion of the cost of replacement of the part or parts lost or damaged as the insured value bears to the value of a new article plus additional charges for forwarding and refitting the new part or parts if incurred. Provided always that in no case shall the liability of Underwriters exceed the insured value of the complete article.

SOUTH AFRICA INLAND TRANSIT DEDUCTIBLE CLAUSE

Any transit within South Africa is subject to a 10% of shipment value deductible in respect of hijack losses.

SUE AND LABOUR CLAUSE

In case of any imminent or actual loss or misfortune, it shall be lawful and necessary to and for the Insured, his or their factors, servants and assigns, to sue, labour and travel for, in and about the defense, safeguard and recovery of the said goods and merchandise, or any part thereof, without prejudice to this insurance, to the charges whereof, Underwriters will contribute according to the rate and quantity of the sum hereby insured; nor shall the acts of the Insured or Underwriters, in recovering, saving and preserving the property insured, in case of disaster, be considered a waiver or an acceptance of abandonment.

SURVEY AND CLAIM SETTLEMENT

In the event of loss or damage which may involve a claim under this policy, immediate notice of such loss or damage should be given to Underwriters or the Surveyor named in the Certificate and/or the website. When submitting a claim under this policy a copy of the following documents (where available) may assist the Surveyor in the settlement of your claim:

  1. A copy of the Certificate of Insurance (or quote the Certificate number).
  2. The Original or Copy shipping invoices, together with shipping specification and/or weight Notes.
  3. The Original bill of landing and/or Contract of Carriage.
  4. The landing account and weight notes at final destination.
  5. Any correspondence exchanged with the Carriers or other parties regarding their liability for the loss or damage.
  6. A copy of the pre-signed and confirmed Vehicle Shipment Report in the case of claims relating to damage to insured vehicles.

Failure to provide information in your possession, which relates to the claim or the subject matter, could prejudice your right of claim under this policy.

TEMPERATURE VARIATION

Excluding any loss, damage or change in the nature of the subject matter insured caused by variation in temperature unless caused by a peril insured under the terms of the Institute Cargo Clauses (B).

TERMINATION OF TRANSIT CLAUSE (TERRORISM)

This clause shall be paramount and shall override anything contained in this insurance inconsistent therewith.

Notwithstanding any provision to the contrary contained in this Policy or the Clauses referred to therein, it is agreed that in so far as this Policy covers loss of or damage to the subject-matter insured caused by any terrorist or any person acting from a political motive, such cover is conditional upon the subject-matter insured being in the ordinary course of transit and, in any event, SHALL TERMINATE:

either

  1. As per the transit clauses contained within the Policy,

    or
  2. on delivery to the Consignee's or other final warehouse or place of storage at the destination named herein,
  3. 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 for storage other than in the ordinary course of transit or for allocation or distribution,

    or
  4. in respect of marine transits, on the expiry of 60 days after completion of discharge overside of the goods hereby insured from the oversea vessel at the final port of discharge,
  5. in respect of air transits, on the expiry of 30 days after unloading the subject-matter insured from the aircraft at the final place of discharge,

whichever shall occur first

If this Policy or the Clauses referred to therein specifically provide cover for inland or other further transits following on from storage, or termination as provided for above, cover will re-attach, and continues during the ordinary course of that transit terminating again in accordance with clause 1.

 

UNPACKED / UNPROTECTED ITEMS

Excluding Rust, Oxidisation, Discoloration, Wetting, Staining, Scratching, Bruising, Chipping, Denting, Marring and the Cost of Repainting as applicable.

WAREHOUSING/ FORWARDING CHARGES

Notwithstanding any average warranty contained herein, Underwriters agree to pay any landing, warehousing, forwarding or other expenses and/or particular charges should same be incurred, as well as any partial loss arising from transhipment. Also to pay the insured value of any package, piece or unit totally lost in loading, transhipment and/or discharge. Also to pay for any loss or damage to the interest insured which may be reasonably attributed to discharge of cargo at port of distress.

CUSTOMERS RIGHTS

Any act, error or omission on the part of the Contractor(s) or Sub-Contractor(s) shall not prejudice the right of claim by an Insured under this Insurance.

MISREPRESENTATION & DISCLOSURE

This insurance shall be voidable in the event of misrepresentation, misdescription or non-disclosure in any material particular.

FALSE OR FRAUDULENT CLAIMS

If any claim be in any respect fraudulent, or if any fraudulent means or devices be used by the Contractor or Insured or any one claiming indemnity under this insurance or any one acting on his or their behalf, to obtain any benefit under this insurance, or if any loss or damage be occasioned by the wilful act or with the connivance of the Contractor, Insured or any one claiming indemnity under this insurance, all benefit under this insurance will be forfeited.

RIGHTS & REMEDIES

Any claimant under this insurance shall at the request and at the expense of the Insurers do and concur in doing and permit to be done all such acts and things as may be necessary or reasonably required by the Insurers for the purpose of enforcing any rights and remedies, or of obtaining relief or indemnity form other parties to which the Insurers shall be or would become entitled or subrogated upon their paying for or making good any loss or damage under this insurance, whether such acts and things shall be or become necessary or required before or after his indemnification by the Insurers.

ARBITRATION

If any difference shall arise as to the amount to be paid under this insurance (liability being otherwise admitted) such difference shall be referred to an Arbitrator to be appointed by the parties in accordance with the statutory provisions in that behalf for the time being in force. Where any difference is by this condition to be referred to arbitration the making of an award shall be a condition precedent to any right of action against the Insurers.

CANCELLATION

This insurance may be cancelled, at any time, at the request of the Insured in writing to Moving Abroad Insurance provided such cancellation is requested no later than seven (7) days prior to the advised date of shipment. Following such cancellation, the Insured shall be entitled to a refund of 100% of the premium paid.

This insurance may also be cancelled by or on behalf of Insurers by 14 days notice (7 days notice in respect of War or Strikes risks and 48 hours in respect of Strikes risks in respect of shipments to/from United States of America) given in writing to the Insured at his last known address and the premium hereon shall be adjusted on the basis of a declaration in accordance with the terms and conditions of this insurance for the period during which the insurance was operative.

Notice shall be deemed to have been duly received in the course of post if the notice was sent, properly addressed to the last known address of the addressee, by prepaid post.

EXCESS

Provided always that the Insurers shall not be liable for any claim or loss unless the amount of such claim or loss exceeds the amount stated in the Schedule as the excess which stated amount shall be deducted from each claim or loss and borne by the Insured at their own risk, and the Insurers shall only be liable for the loss in excess of such stated amount.

CLAIMS NOTIFICATION

Claims made against the Insured or occurrences or situations that are likely to give rise to a claim must be notified to Clark Woodward Hungate & Co as soon as possible with full particulars. Every letter, notice, writ, summons and process relating thereto shall be notified to and forwarded to Clark Woodward Hungate & Co immediately upon receipt.

PROFESSIONAL & ADEQUATE PACKING & STOWAGE

Warranted that the goods and/or equipment and/or merchandise are packed, secured and stowed in a professional and adequate manner to withstand the normal hazards of handling and transit. However, nothing contained within this clause shall affect the Insured's right to claim where cover has been requested for 'Owner Packed' goods UNDER RESTRICTED COVER BASIS.

JURISDICTION CLAUSE

This insurance shall be governed by English Law and practice, and the English Court alone shall have jurisdiction in any dispute arising hereunder.

REMOVAL OF DEBRIS and ADDITIONAL EXPENSES

This insurance is extended to include costs incurred to minimise or mitigate losses which would be recoverable hereunder, or costs and expenses necessarily incurred by the Contractor with the consent of Insurers in removing debris of the property insured by this insurance, destroyed or damaged by any risks covered herein, including transhipment and recovery charges, Insurers’ additional liability, however, shall not exceed 10% of the limits stated in the Certificate.

AIR/SEA REPLACEMENT CLAUSE

In the event of loss of or damage to any part or parts of an insured machine caused by a peril covered by the policy the sum recoverable shall not exceed the cost of replacement or repair of such part or parts plus charges for forwarding, by sea or by air, and refitting if incurred, but excluding duty unless full duty is included in the amount insured, in which case loss, if any, sustained by payment of additional duty shall also be recoverable. Provided always that in no case shall total liability of the Insurers exceed the insured value of the complete machine, nor the cost of air freight charges exceed 10% of the sum insured unless the original sending was by air.

RADIOACTIVE CONTAMINATION, CHEMICAL & BIOLOGICAL CLAUSE

(This clause shall be paramount and shall override anything contained in this insurance inconsistent therewith) In no case shall this insurance cover loss, damage, liability or expense directly or indirectly caused by or contributed to, by or arising from ionising radiations from or contamination by radioactivity from any nuclear fuel or from any nuclear waste or from the combustion of nuclear fuel, the radioactive, toxic, explosive or other hazardous or contaminating properties of any nuclear installation, reactor or other nuclear assembly or nuclear component thereof, any weapon or device employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter, the radioactive, toxic, explosive or other hazardous or contaminating properties of any radioactive matter (the exclusion in this sub-clause does not extend to radioactive isotopes, other than nuclear fuel, when such isotopes are being prepared, carried, stored, or used for commercial, agricultural, medical, scientific or other similar peaceful purposes), any chemical, biological, bio-chemical or electromagnetic weapon.

SONIC WAVES

Excluding loss, destruction or damage directly occasioned by pressure waves caused by aircraft and other aerial devices travelling at sonic or supersonic speeds.

WAR, CIVIL WAR EXCLUSION

Excluding any claims or liability arising out of War, Invasion, Act of Foreign Enemy Hostilities (whether War be declared or not), Civil War, rebellion, Insurrection or Military or Usurped Power. This exclusion shall not apply whilst the goods insured are waterborne and covered as is provided by the Institute War Clauses.

For full terms and other conditions to be read in conjunction with those stated above please read the entire content of this internet site carefully.