保赔协会船舶定期保险条款page298..docVIP

INSTITUTE TIME CLAUSES HULLS This insurance is subject to English law and practice NAVIGATION The vessel is covered subject to the provisions of this insurance at all times and has leave to sail or navigate with or without pilots, to go on trail trips and to assist and tow vessels or craft in distress, but it is warranted that the Vessel shall not be towed, except as is customary or to the first safe port or place when in need of assistance, or undertake towage or salvage services under a contract previously arranged by the Assured and/or Owners and/or Managers and/or Charterers. This Clause shall not exclude customary towage in connection with loading and discharging. In the event of the event being employed in trading operations which entail cargo loading or discharging at sea from or into another vessel (not being a harbour or inshore craft) no claim shall be recoverable under this insurance for loss of or damage to the vessel or liability to any other vessel arising from such loading or discharging operations, including whilst approaching, lying alongside and leaving, unless previous notice that the vessel is to be employed in such operations has been given to the Underwriters and any amended terms of cover and any additional premium required by them have been agreed. In the event of the Vessel sailing (with or without cargo) with an intention of being (a) broken up, or (b) sold for breaking up, any claim for loss of or damage to the Vessel occurring subsequent to such sailing shall be limited to the market value of the Vessel as scrap at the time when the loss or damage is sustained, unless previous notice has been given to the Underwriters and any amendments to the terms of cover, insured value and premium required by them have been agreed. Nothing in this Clause 1 (3) shall effect claims under Clauses 8 and/or 11. CONVENTION Should the Vessel at the expiration of this insurance be at sea or in distress or at a port of refuge or of call, she shall,