中国太平洋财产保险股份有限公司出租人航空器综合保险条款.PDF

AVIATION HULL, SPARES/EQUIPMENT AND LIABILITY (INCLUDING CONTINGENT) INSURANCE 1 46 The insuring clauses below in Sections One to Three are subject to the terms, exclusions, conditions and warranties of the policy, including specific terms, exclusions, conditions and warranties set out in each Section. SECTION ONE: HULL, SPARES EQUIPMENT 1.1 Contingent Hull To cover Aircraft and/or Engines not in the care, custody or control of the Insured or their agents in which the Insured has a Financial Interest (as set forth in the Policy Schedule) against all risks of physical loss or damage howsoever occasioned, sustained during the Policy Period except as hereinafter excluded. The coverage afforded by this Insuring agreement 1.1 also applies to Engines in which the Insured has a Financial Interest whilst attached to an aircraft in which the Insured does not have a Financial Interest. 1.2 Contingent Spares and/or Equipment To cover Spares and/or Equipment not in the care, custody or control of the Insured or their agents (including whilst in transit by any means and including Engine running), in which the Insured has a Financial Interest (as set forth in the Policy Schedule) against all risks of physical loss or damage howsoever occasioned, sustained during the Policy Period, except as hereinafter excluded. 1.3 Possessed Hull To cover Aircraft and/or Engines in which the Insured has a Financial Interest (as set forth in the Policy Schedule), being Aircraft that are a) awaiting commencement of a Lease Agreement b) returned on expiry/termination of a Lease Agreement c) repossessed (or in the course of repos