INSTITUTE STRIKES CLAUSES(CARGO)
RISKS COVERED
①Risks
②General Average
EXCLUSIONS
③
④＜Same as I.C.C.(2009) Article 5＞
DURATION
⑤Transit Clause＜Same as I.C.C.(2009) Article 8＞
⑥Termination of Contract of Carriage＜Same as I.C.C.(2009) Article 9＞
⑦Change of Voyage＜Same as I.C.C.(2009) Article 10＞
CLAIMS
⑧Insurable Interest＜Same as I.C.C.(2009) Article 11＞
⑨Increased Value＜Same as I.C.C.(2009) Article 14＞
BENEFIT OF INSURANCE
⑩＜Same as I.C.C.(2009) Article 15＞
MINIMISING LOSSES
⑪Duty of Assured＜Same as I.C.C.(2009) Article 16＞
⑫Waiver＜Same as I.C.C.(2009) Article 17＞
AVOIDANCE OF DELAY
⑬＜Same as I.C.C.(2009) Article 18＞
LAW AND PRACTICE
⑭＜Same as I.C.C.(2009) Article 19＞
NOTE＜Same as I.C.C.(2009) NOTE＞
RISKS COVERED
Risks
1. This insurance covers, except as excluded by the provisions of Clauses 3 and 4 below, loss of or damage to the subject-matter insured caused by
1.1 strikers, locked-out workmen, or persons taking part in labour disturbances, riots or civil commotions
1.2 any act of terrorism being an act of any person acting on behalf of, or in connection with, any organisation which carries out activities directed towards the overthrowing or influencing, by force or violence, of any government whether or not legally constituted
1.3 any person acting from a political, ideological or religious motive.
INSTITUTE MALICIOUS DAMAGE CLAUSE
In consideration of an additional premium, it is hereby agreed that the exclusion “deliberate damage to or deliberate destruction of the subject-matter insured or any part thereof by the wrongful act of any person or persons” is deemed to be deleted and further that this insurance covers loss of or damage to the subject-matter insured caused by malicious acts vandalism or sabotage, subject always to the other exclusions contained in this insurance.
General Average
2. This insurance covers general average and salvage charges, adjusted or determined according to the contract of carriage and/or the governing law and practice, incurred to avoid or in connection with the avoidance of loss from a risk covered under these Clauses.
EXCLUSIONS
3. In no case shall this insurance cover
3.1 loss damage or expense attributable to wilful misconduct of the Assured
3.2 ordinary leakage, ordinary loss in weight or volume, or ordinary wear and tear of the subject-matter insured
3.3 loss damage or expense caused by insufficiency or unsuitability of packing or preparation of the subject-matter insured to withstand the ordinary incidents of the insured transit where such packing or preparation is carried out by the Assured or their employees or prior to the attachment of this insurance (for the purpose of this Clause 3.3 “packing” shall be deemed to include stowage in a container and “employees” shall not include independent contractors)
3.4 loss damage or expense caused by inherent vice or nature of the subject-matter insured
3.5 loss damage or expense caused by delay, even though the delay be caused by a risk insured against (except expenses payable under Clause 2 above)
3.6 loss damage or expense caused by insolvency or financial default of the owners managers charterers or operators of the vessel where, at the time of loading of the subject-matter insured on board the vessel, the Assured are aware, or in the ordinary course of business should be aware, that such insolvency or financial default could prevent the normal prosecution of the voyage.
This exclusion shall not apply where the contract of insurance has been assigned to the party claiming hereunder who has bought or agreed to buy the subject-matter insured in good faith under a binding contract.
3.7 loss damage or expense arising from the absence shortage or withholding of labour of any description whatsoever resulting from any strike, lockout, labour disturbance, riot or civil commotion
3.8 any claim based upon loss of or frustration of the voyage or adventure
3.9 loss damage or expense directly or indirectly caused by or arising from the use of any weapon or device employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter.
3.10 loss damage or expense caused by war civil war revolution rebellion insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power.
Article4 ＜Same as I.C.C.(2009) Article 5＞
DURATION
Transit Clause＜Same as I.C.C.(2009) Article 8＞
Article5
Termination of Contract of Carriage＜Same as I.C.C.(2009) Article 9＞
Article6
Change of Voyage＜Same as I.C.C.(2009) Article 10＞
Article7
CLAIMS
Insurable Interest＜Same as I.C.C.(2009) Article 11＞
Article8
Increased Value＜Same as I.C.C.(2009) Article 14＞
Article9
BENEFIT OF INSURANCE＜Same as I.C.C.(2009) Article 15＞
Article10
MINIMISING LOSSES＜Same as I.C.C.(2009) Article 16＞
Duty of Assured
Article11
Waiver＜Same as I.C.C.(2009) Article17＞
Article12
AVOIDANCE OF DELAY＜Same as I.C.C.(2009) Article 18＞
article13
LAW AND PRACTICE ＜Same as I.C.C.(2009) Article 19＞
Article14
NOTE:-＜Same as I.C.C.(2009) NOTE＞
