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PERISHABLE GOODS CLAUSE
Warranted free of any claim for loss of market or loss, damage or deterioration arising from delay whether caused by a peril insured against or otherwise.
FAILURE TO DELIVER CLAUSE
This company agrees to pay a total loss subject to full rights of subrogation in case the insured goods, once loaded on board the sea-going vessel, fail to be delivered at destinatin within 6 months of scheduled arrived date from howsoever cause.
Warranted all licences obtained.
Excluding losses and damages recoverable under the Ocean Marine Cargo Clauses and Ocean Marine Cargo War Risk Clauses.
IMPORT DUTY CLAUSE
This insurance covers the Insured’s contingent interest on Import Customs Duty arising from the insured goods arriving at the port of destination damaged by a peril insured against but full import duty had been levied and paid thereon as if the goods had arrived sound provided claims payable hereunder shall not exceed ___________ percent of the insured value on the damaged portion of the insured goods.
ON DECK CLAUSE
In case the insured goods are shipped ondeck, this insurance shall extend cover the risks of jettison and/or washing overboard.
REJECTION CLAUSE
1. This Company will be liable for rejection and/or condemnation at the port of entry by the government of the country of import or its relevant Authorities and will indemnify the Insured on the basis of the insured value of the goods so rejected or condemned.
2. In the event of any embargo or prohibition being declared by the importing Country after the insured goods have left the port of shipment named in the policy, this Company is only to pay the cost of return freight to the country of export or the additional freight to other destination, but such return freight or additional freight shall not exceed tpe insured value of the goods so rejected.
3. This insurance shall terminate at the warehouse of the port of discharge after landing from the seagoing vessel or :
(1) On the expiry of 30 day
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