NUCLEAR EXCLUSION, In no case shall this insurance cover loss damage liability or expense arising from any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter
MALICIOUS ACTS EXCLUSION, In no case shall this insurance cover loss damage liability or expense arising from 25.2 any weapon of war and caused by any person acting maliciously or from a political motive.
MALICIOUS ACTS EXCLUSION, In no case shall this insurance cover loss damage liability or expense arising from 25.1 the detonation of an explosive
STRIKE EXCLUSION, In no case shall this insurance cover loss damage liability or expense caused by 24.2 any terrorist or any person acting from a political motive
STRIKE EXCLUSION, In no case shall this insurance cover loss damage liability or expense caused by 24.1 strikers, locked-out workmen, or persons taking part in labour disturbances, riots or civil commotions
WAR EXCLUSION, In no case shall this insurance cover loss damage liability or expense caused by 23.3. derelict mines torpedoes bombs or other derelict weapons of war.
WAR EXCLUSION, In no case shall this insurance cover loss damage liability or expense caused by 23.2 Capture Seizure Arrest Restraint Or Detainment (barratry and piracy excepted), and the consequences thereof or any attempt thereat
WAR EXCLUSION, In no case shall this insurance cover loss damage liability or expense caused by 23.1. war civil war revolution rebellion insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power
In the event of any return recoverable under this Clause 22 being based on 30 consecutive days which fall on successive insurances effected for the same Assured, this insurance shall only be liable for an amount calculated at pro rata…
In the event of any amendment of the annual rate, the above rates of return shall be adjusted accordingly
Loading or discharging operations or the presence of cargo on board shall not debar returns but no return shall be allowed for any period during which the Vessel is being used for the storage of cargo or for lightering purposes
in no case shall a return be allowed when the Vessel is lying in exposed or unprotected waters, or in a port or lay-up area not approved by the Underwriters but, provided the Underwriters agree that such non-approved lay-up area…
PROVIDED ALWAYS THAT : 22.2.1 a total loss of the Vessel, whether by insured perils or otherwise, has not occurred during the period covered by this insurance or any extension thereof
To return as follows: 22.1.2 For each period of 30 consecutive days the Vessel may be laid up in a port or in a lay-up area provided such port or lay-up area is approved by the Underwriters (with special liberties…
Perils 22.1.1. Returns For Lay-Up And Cancellation – Pro rata monthly net for each uncommenced month
To return as follows: 22.1.1 Pro rata monthly net for each uncommenced month if this insurance be cancelled by agreement.
Warranted that no insurance on any interests enumerated in the foregoing 21. 1.1 to 21.1.7 in excess of the amounts permitted therein and no other insurance which includes total loss of the Vessel P.P.I., F.I.A.. or subject to any other…
Additional insurances as follows are permitted: 21.1.8 Insurance irrespective of amount against: Any risks excluded by Clauses 23, 24, 25 and 26 below.
Additional insurances as follows are permitted: Returns of Premium. A sum not exceeding the actual returns which are allowable under any insurance but which would not be recoverable thereunder in the event of a total loss of' the Vessel whether…
Premiums. A sum not exceeding the actual premiums of all interests insured for a period not exceeding 12 months (excluding premiums insured under the foregoing sections but including, if required, the premium or estimated calls on any Club or War…
Time Charter Hire or Charter Hire for Series of Voyages. A sum not exceeding 50% of the gross hire which is to be earned under the charter in a period not exceeding 18 months. Any sum insured under 21.1.2 to…
Anticipated Freight if the Vessel sails in ballast and not under Charter. A sum not exceeding the anticipated gross freight on next cargo passage, such sum to be reasonably estimated on the basis of the current rate of freight at…
Freight or Hire, under contracts for voyage. A sum not exceeding the gross freight or hire for the current cargo passage and next succeeding cargo passage (such insurance to include, if required, a preliminary and an intermediate ballast passage) plus…
Additional insurances as follows are permitted: Freight, Chartered Freight or Anticipated Freight, insured for time. A sum not exceeding 25% of the value as stated herein less any sum insured, however described, under 21.1.1
Additional insurances as follows are permitted: Disbursements, Managers' Commissions, Profits or Excess or Increased Value of Hull and Machinery. A sum not exceeding 25% of the value stated herein.
FREIGHT WAIVER - In the event of total or constructive total loss no claim to be made by the Underwriters for freight whether notice of abandonment has been given or not.
No claim for constructive total loss based upon the cost of recovery and/or repair of the Vessel shall be recoverable hereunder unless such cost would exceed the insured value. In making this determination, only the cost relating to a single…
In ascertaining whether the Vessel is a constructive total loss, the insured value shall be taken as the repaired value and nothing in respect of the damaged or break-up value of the Vessel or wreck shall be taken into account.
The Underwriters shall not be liable in respect of unrepaired damage for more than the insured value at the time this insurance terminates.
In no case shall the Underwriters be liable for unrepaired damage in the event of a subsequent total loss (whether or not covered under this insurance) sustained during the period covered by this insurance or any extension thereof.
The measure of indemnity in respect of claims for unrepaired damage shall be the reasonable depreciation in the market value of the Vessel at the time this insurance terminates arising from such unrepaired damage, but not exceeding the reasonable cost…
In no case shall any sum be allowed under this insurance either by way of remuneration of the Assured for time and trouble taken to obtain and supply information or documents or in respect of the commission or charges of…
No claim shall be allowed, other than in general average, for wages and maintenance of the Master, Officers and Crew, or any member thereof, except when incurred solely for the necessary removal of the Vessel from one port to another…
Supplying and applying the first coat of primer/anti -corrosive to those particular areas mentioned in 15.1 and 15.2 above,shall be allowed as part of the reasonable cost of repairs in respect of bottom plating damaged by an insured perils
Gritblasting and/or other surface preparation of: the butts or area of plating immediately adjacent to any renewed or refitted plating damaged during the course of welding and/or repairs, areas of plating damaged during the course of fairing, either in place…
Grit blasting and/or other surface preparation of new bottom plates ashore and supplying and applying any "shop" primer thereto
NEW FOR OLD - Claims payable without deduction new for old.
The sum recoverable under this Clause 13 shall be in addition to the loss otherwise recoverable under this insurance but shall in no circumstances exceed the amount insured under this insurance in respect of' the Vessel.
When a claim for total loss of the Vessel is admitted under this insurance and expenses have been reasonably incurred in saving or attempting to save the Vessel and other property and there are no proceeds, or the expenses exceed…
When expenses are incurred pursuant to this Clause 13 the liability under this insurance shall not exceed the proportion of such expenses that the amount insured hereunder bears to the value of the Vessel as stated herein, or to the…
Measures taken by the Assured or the Underwriters with the object of saving, protecting or recovering the subject-matter insured shall not be considered as a waiver or acceptance of abandonment or otherwise prejudice the rights of either party.
Subject to the provisions below and to Clause 12 the Underwriters will contribute to charges properly and reasonably incurred by the Assured their servants or agents for such measures. General average, salvage charges (except as provided for in Clause 13.5)…
In case of any loss or misfortune it is the duty of the Assured and their servants and agents to take such measures as may be reasonable for the purpose of averting or minimising a loss which would be recoverable…
Interest comprised in recoveries shall be apportioned between the Assured and the Underwriters, taking into account the sums paid by the Underwriters and the dates when such payments were made, notwithstanding that by the addition of interest the Underwriters may…
Excluding any interest comprised therein, recoveries against any claim which is subject to the above deductible shall be credited to the Underwriters in full to the extent of the sum by which the aggregate of the claim unreduced by any…
Claims for damage by heavy weather occurring during a single sea passage between two successive ports shall be treated as being due to one accident. In the case of such heavy weather extending over a period not wholly covered by…
No claim arising from a peril insured against shall be payable under this insurance unless the aggregate of all such claims arising out of each separate accident or occurrence (including claims under Clause 8, 11 and 13) exceeds
No claim under this Clause 11 shall in any case be allowed where the loss was not incurred to avoid or in connection with the avoidance of a peril insured against.
When the Vessel sails in ballast, not under charter, the provisions of the York-Antwerp Rules, 1974 (excluding Rules XX and XXI) shall be applicable, and the voyage for this purpose shall be deemed to continue from the port or place…
Adjustment to be according to the law and practice obtaining at the place where the adventure ends, as if the contract of affreightment contained no special terms upon the subject; but where the contract of affreightment so provides the adjustment…
This insurance covers the Vessel's proportion of salvage, salvage charges and/or general average, reduced in respect of any under-insurance, but in case of general average sacrifice of the Vessel the Assured may recover in respect of the whole loss without…
In the event of failure to comply with the conditions of this Clause 10 a deduction of 15% shall be made from the amount of the ascertained claim
The Underwriters may also take tenders or may require further tenders to be taken for the repair of the Vessel. Where such a tender has been taken and a tender is accepted with the approval of the Underwriters, an allowance…
The Underwriters shall be entitled to decide the port to which the Vessel shall proceed for docking or repair (the actual additional expense of the voyage arising from compliance with the Underwriters' requirements being refunded to the Assured) and shall…
In the event of accident whereby loss or damage may result in a claim under this insurance, notice shall be given to the Underwriters prior to survey and also, if the Vessel is abroad, to the nearest Lloyd's Agent so…
Should the Vessel hereby insured come into collision with or receive salvage services from another vessel belonging wholly or in part to the same Owners or under the same management, the Assured shall have the same rights under this insurance…
Pollution or contamination of any real or personal property or thing whatsoever (except other vessels with which the insured Vessel is in collision or property on such other vessels).
Provided always that this Clause 8 shall in no case extend to any sum which the Assured shall pay for or in respect of loss of life, personal injury or illness
Provided always that this Clause 8 shall in no case extend to any sum which the Assured shall pay for or in respect of The Cargo Or Other Property On, Or The Engagements Of, The Insured Vessel
Provided always that this Clause 8 shall in no case extend to any sum which the Assured shall pay for or in respect of any real or personal property or thing whatsoever except other vessels or property on other vessels
Provided always that this Clause 8 shall in no case extend to any sum which the Assured shall pay for or in respect of removal or disposal of obstructions, wrecks, cargoes or any other thing whatsoever
The Underwriters will also pay three-fourths of the legal costs incurred by the Assured or which the Assured may be compelled to pay in contesting liability or taking proceedings to limit liability, with the prior written consent of the Underwriters.
In no case shall the Underwriters' total liability under Clauses 8.1 and 8.2 exceed their proportionate part of three-fourths of the insured value of the Vessel hereby insured in respect of any one collision.
Where the insured Vessel is in collision with another vessel and both vessels are to blame then, unless the liability of one or both vessels becomes limited by law, the indemnity under this Clause 8 shall be calculated on the…
General Average Of, Salvage Of, Or Salvage Under Contract of, any such other vessel or property thereon, where such payment by the Assured is in consequence of the Vessel hereby insured coming into collision with any other vessel.
The Underwriters agree to indemnify the Assured for three-fourths of any sum or sums paid by the Assured to any other person or persons by reason of the Assured becoming legally liable by way of damages for: delay to or…
The Underwriters agree to indemnify the Assured for three-fourths of any sum or sums paid by the Assured to any other person or persons by reason of the Assured becoming legally liable by way of damages for: loss of or…
This insurance covers loss of or damage to the Vessel caused by any governmental authority acting under the powers vested in it to prevent or mitigate a pollution hazard, or threat thereof, resulting directly from damage to the Vessel for…
This insurance covers loss of or damage to the subject-matter insured caused by: 6.2.4 Negligence Of Repairers Or Charterers Provided Such Repairers Or Charterers Are Not An Assured Hereunder
This insurance covers loss of or damage to the subject-matter insured caused by: negligence of Master Officers Crew or Pilots
This insurance covers loss of or damage to the subject-matter insured caused by: bursting of boilers breakage of shafts or any latent defect in the machinery or hull
This insurance covers loss of or damage to the subject-matter insured caused by accidents in loading discharging or shifting cargo or fuel
This insurance covers loss of or damage to the subject-matter insured caused by earthquake volcanic eruption or lightning
This insurance covers loss of or damage to the subject-matter insured caused by contact with aircraft or similar objects, or objects failing therefrom, land conveyance, dock or harbour equipment or installation
This insurance covers loss of or damage to the subject-matter insured caused by breakdown of or accident to nuclear installations or reactors
This insurance covers loss of or damage to the subject-matter insured caused by piracy
This insurance covers loss of or damage to the subject-matter insured caused by jettison.
This insurance covers loss of or damage to the subject-matter insured caused by violent theft by persons from outside the Vessel
This insurance covers loss of or damage to the subject-matter insured caused by fire, explosion
This insurance covers loss of or damage to the subject-matter insured caused by perils of the seas rivers lakes or other navigable waters
No assignment of or interest in this insurance or in any moneys which may be or become payable thereunder is to be binding on or recognised by the Underwriters unless a dated notice of such assignment or interest signed by…
Any change, voluntary or otherwise, in the ownership or flag, transfer to new management, or charter on a bareboat basis, or requisition for title or use of the Vessel, provided that, if the Vessel has cargo on board and has…
Change of the Classification Society of the Vessel, or change, suspension, discontinuance, withdrawal or expiry of her Class therein, provided that if the Vessel is at sea such automatic termination shall be deferred until arrival at her next port.
Held covered in case of any breach of warranty as to cargo, trade, locality, towage, salvage services or date of sailing, provided notice be given to the Underwriters immediately after receipt of advices and any amended terms of cover and…
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, provided previous notice be given to the Underwriters, be held covered at a pro…
Marine Hull Institute Time Clause 1/10/83 CL 280 Apa itu polis asuransi Marine Hull? Polis asuransi Marine Hull atau diterjemahkan dengan Asuransi Rangka Kapal adalah program asuransi yang menjamin kerusakan dan kehilangan atas kapal laut akibat dari resiko-resiko yang disebutkan…
In the event of the Vessel 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…
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 trial trips and to assist and tow vessels or craft in distress,…