15/11/20. INSTITUTE LOCATION CLAUSE. (OPEN COVERS.) In the case of loss and/or damage to the insured goods before shipment the Underwriter notwithstanding anything to the contrary contained in this contract shall not be liable in respect of any one accident for more than £...... The movement of goods upon interior waterways or land conveyance shall not be deemed to be shipment within the meaning of this clause. in which he has they have an 15/11/20. INSTITUTE STANDARD CONDITIONS FOR OPEN POLICIES. 1. This open Policy is effected to insure for the voyage and/or voyages and on the conditions named herein the interest specified herein shipped within its limits either by or for account ofinsurable interest unless insured elsewhere prior to such interest being acquired his or the insurance of which is in hands or under control as selling their and/or purchasing Agent. This insurance does not cover the interest of any other person or persons. his their 2. In the event of loss or damage by insured perils before shipment or prior to sailing to any interest insurable hereunder or to the vessel by which the interest is or is intended to be shipped whereby shipment or sailing within the specified limits of this cover is prevented all that interest shall nevertheless attach hereto which would have come within the limits of this cover but for the loss or damage in question. 3. It is a condition of this Insurance that until completion of the Contract the Assured is bound to declare hereunder each and every Shipment without exception whether arrived or not Underwriters being bound to accept same up to but not exceeding the amount specified herein. 4. In the case of loss and/or damage to the insured goods before shipment the Underwriter notwithstanding anything to the contrary contained in this contract shall not be liable in respect of any one accident for more than in all in conjunction with preceding and/or succeeding slips. The movement of goods upon interior waterways or land conveyance shall not be deemed to be shipment within the meaning of this clause. 5. The basis of the valuation of the merchandise declared is for the purpose of this insurance agreed to be at.... 6. Nothing herein shall prevent a transfer of the Policy on sale pledge or other transfer of the interest in the insured goods by the above named Assured or his Assignee. their 7. This open Policy is declared to be for £. part of £ Note. In cases where it is not practicable to fix the commencement of Contract by the Sailing or Bill of Lading date Clause 2 may be modified to meet the special circumstances. The Assured are requested to give the earliest provisional notice of intended shipments advising in each case the name of the vessel and approximate value of the shipment. 15/11/20. INSTITUTE STANDARD CONDITIONS FOR OPEN COVERS. an 1. This open Cover is effected to insure for the voyage and/or voyages and on the conditions named herein the interest specified herein shipped within its he has limits either by or for account of. in which they have insurable interest unless insured elsewhere prior to such interest being acquired his or the insurance of which is in hands or under their control as selling and/or purchasing Agent. This insurance does not cover the interest of any other person or persons. his their 2. In the event of loss or damage by insured perils before shipment or prior to sailing to any interest insurable hereunder or to the vessel by which the interest is or is intended to be shipped whereby shipment or sailing within the specified limits of this cover is prevented all that interest shall nevertheless attach hereto which would have come within the limits of this cover but for the loss or damage in question. 3. It is a condition of this Insurance that until completion of the Contract the Assured is bound to declare hereunder each and every Shipment without exception whether arrived or not Underwriters being bound to accept same up to but not exceeding the amount specified herein. 4. In the case of loss and/or damage to the insured goods before shipment the Underwriter notwithstanding anything to the contrary contained in this contract shall not be liable in respect of any one accident for more than £_ The movement of goods upon interior waterways or land conveyance shall not be deemed to be shipment within the meaning of this Clause. 5. The basis of the valuation of the merchandise declared is for the purpose of this insurance agreed to be at 6. Nothing herein shall prevent a transfer of the Policy on sale pledge or other transfer of the interest in the insured goods by the above named his their Assured or Assignee. 7. This open Cover is declared to be for £. part of £ Note. In cases where it is not practicable to fix the commencement of Contract by the Sailing or Bill of Lading date Clause 2 may be modified to meet the special circumstances. The Assured are requested to give the earliest provisional notice of intended shipments advising in each case the name of the vessel and approximate value of the shipment. 5/11/20. INSTITUTE STANDARD CONDITIONS FOR OPEN POLICIES AND COVERS. is effected to insure for the voyage and/or voyages and Cover 1. This open Policy on the conditions named herein the interest specified herein shipped within its limits either by or for account of in which he has they have an insurable interest unless insured elsewhere prior to such interest being acquired his his or the insurance of which is in hands or under control as selling and/or their their purchasing Agent. This insurance does not cover the interest of any other person or persons. 2. In the event of loss or damage by insured perils before shipment or prior to sailing to any interest insurable hereunder or to the vessel by which the interest is or is intended to be shipped whereby shipment or sailing within the specified limits of this cover is prevented all that interest shall nevertheless attach hereto which would have come within the limits of this cover but for the loss or damage in question. 3. It is a condition of this Insurance that until completion of the Contract the Assured is bound to declare hereunder each and every Shipment without exception whether arrived or not Underwriters being bound to accept same up to but not exceeding the amount specified herein. 4. In the case of loss and/or damage to the insured goods before shipment the Underwriter notwithstanding anything to the contrary contained in this contract shall not be liable in respect of any one accident for more than £......... The movement of goods upon interior waterways or land conveyance shall not be deemed to be shipment within the meaning of this clause. 5. The basis of the valuation of the merchandise declared is for the purpose of this insurance agreed to be at......... 6. Nothing herein shall prevent a transfer of the Policy on sale pledge or other transfer of the interest in the insured goods by the above named Assured or his Assignee. their 7. This open Cover is declared to be for £. part of £ Note. In cases where it is not practicable to fix the commencement of Contract by the Sailing or Bill of Lading date Clause 2 may be modified to meet the special circumstances. The Assured are requested to give the earliest provisional notice of intended shipments advising in each case the name of the vessel and approximate value of the shipment. JAVA TOBACCO SURVEY CLAUSE. Warranted that all tobacco shipped from the Dutch East Indies (ex Sumatra and Borneo) has been examined by experts appointed by the Underwriters' Associa tions of Amsterdam and/or Rotterdam or by Lloyd's Agents and that the said experts have certified that the tobacco may be shipped. 1/8/24. WAREHOUSE TO WAREHOUSE CLAUSE. The risks covered by this Policy attach from the time the goods leave the shipper's or manufacturer's warehouse at the port of shipment, unless otherwise stated, and continue during the ordinary course of transit, including customary transhipment if any, until the goods are safely deposited in the consignee's or other warehouse at the destination named in the Policy or until the expiry of fifteen days from midnight of the day on which the discharge of the goods hereby insured from the overseas vessel is completed whichever may first occur. When the destination to which the goods are insured is without the limits of the port of discharge of the overseas vessel the risks covered by this Policy continue until the goods are safely deposited in the consignee's or other warehouse at the destination named in the Policy or until the expiry of 30 days from midnight of the day on which the discharge of the goods hereby insured from the overseas vessel is completed, whichever may first occur. Transhipment if any, otherwise than as above, and/or delay arising from circumstances beyond the control of the assured, held covered at a premium to be arranged. Warranted free from particular average unless the vessel and/or craft be stranded, sunk, burnt, or in collision with another ship or vessel, or unless loss or damage to the interest here by insured be reasonably supposed to be owing to fire or contact (other than collision with another ship or vessel) of the craft and/or vessel with any substance, ice included, other than water, or owing to discharge of cargo at a port of distress. But to pay landing, warehousing, forwarding and special charges if incurred, also partial loss arising from transhipment and to pay for any portion of cargo condemned at a port of distress owing to perils insured against. Including transit by craft, raft and/or lighter to and from the vessels. Each craft, raft or lighter to be deemed a separate insurance. Assured not to be prejudiced by any agreement made exempting lightermen from liability. It is also here by specially agreed that the presence of the negligence clause and/or latent defect clause in the Bills of Lading and/or Charter Party is not to prejudice this insurance. The seaworthiness of steamers or vessels as between the assured and assurers is here by admitted. With leave to sail with or without pilots, and to tow and assist vessels or craft in all situations, and to be towed. F.P.A. CLAUSES (1922)-continued. General Average and Salvage Charges payable according to Foreign Statement G/A or per York-Antwerp Rules if in accordance with the contract of affreightment. Clause. Held covered at a premium to be arranged in case of deviation or change Deof voyage, or other variation of the risk by reason of the exercise of any liberty viation granted to the shipowner or charterer under the contract of affreightment, or should Clause. any additional craft risk be incurred or of any omission or error in the description of the interest vessel or voyage. The insured goods are covered subject to the terms of this Folicy from the Waretime of leaving the shippers' or manufacturers' warehouse during the ordinary house course of transit until on board the vessel, during transhipment if any, and from to Warethe vessel whilst on quays, wharves or in sheds during the ordinary course of house transit until safely deposited in consignees' or other warehouse at destination named in Policy. In the event of any additional insurance being placed by the assured for the time being on the cargo herein insured, the value stated in this policy shall, in the event of loss or claim, be deemed to be increased to the total amount insured at the time of loss or accident. INCREASED VALUE POLICIES TO CONTAIN THE FOLLOWING CLAUSES: £..................being increased value of cargo to be deemed to be part of the total amount insured on the cargo valued at such total amount. Where the original policies effected on the cargo cover also Advanced Freight, then the word "cargo" in this policy shall be deemed also to include "Advanced Freight." In the event of any additional insurance being placed by the assured for the time being on the cargo herein insured, the value of the cargo shall, in the event of loss or claim, be deemed to be increased to the total amount insured at the time of loss or accident. INSTITUTE WAR RISK (CORN TRADE) CLAUSE. This policy also covers risks excluded by the following clauses, viz. :— "Warranted free of loss or damage caused by strikers locked out workmen Nevertheless this policy is warranted free of any claim based upon loss of or frustration of the insured voyage or ad venture caused by arrests restraints or detainments of Kings Princes or Peoples. Warranted free of any claim arising from delay. Including risk of Mines and/or Torpedoes and/or Bombs. Claims arising under these clauses are not to be subject to the F. P.A. Warranty. Clause. |