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United Nations Cargo Insurance, Restricted Cover

CARGO INSURANCE - Restricted Cover

A. - COVERAGE

B. - GENERAL EXCLUSIONS

Alternative A
Alternative B

C. - ADDITIONAL COVERAGE

D. - PERIOD OF COVERAGE

Alternative A
Alternative B

E. - MEASURE OF INDEMNITY

Alternative A
Alternative B
Alternative A
Alternative B
Alternative A
Alternative B

F. - INSURABLE INTEREST

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

United Nations Marine Cargo Insurance, Restricted Cover

United Nations (UN)

copy @ Lex Mercatoria

United Nations Cargo Insurance, Restricted Cover

CARGO INSURANCE - Restricted Cover

C. - ADDITIONAL COVERAGE

4 Both to Blame Clause

Where the insured cargo is shipped under a contract of carriage or affreightment containing a "Both to Blame Collision" Clause, the insurer also agrees, as to all losses covered by this insurance, to indemnify the assured for the insured cargo's proportion of any amount up to the sum insured which the assured may be liable to pay to the shipowner or carrier under such clause. In the event of any claim by the shipowner or carrier under the said clause, the assured agrees to notify the insurer who shall have the right, at his own cost and expense, to defend the assured against such claim.

5 General Average and Salvage Clause

5.1 This insurance covers the insured cargo's proportion of general average, salvage and/or salvage charges, adjusted or determined according to the contract of carriage or affreightment and/or the governing law and practice. In case of general average sacrifice of the insured cargo. the assured has the right to recover in respect of the whole of such loss.

5.2 No claim under this clause shall in any case be allowed unless the general average act or salvage was undertaken to avoid, or in connection with the avoidance of, a peril insured against.

5.3 Where all the contributing interests are owned by the assured, the provisions of the York-Antwerp Rules, 1974, or similar provisions of other rules if expressly agreed, shall be applied as if the interests were owned by different persons, and the insurer shall pay the insured cargo's proportion as so calculated.

6 Sue and labour and forwarding charges clause

6.1 Where there has been loss of or damage to the cargo from a peril insured against, or where the cargo is in danger from such a peril, and as a result reasonable expenditure is incurred by the assured in order to avert or minimize a loss which would be recoverable under this insurance, the insurer shall pay to the assured the expenditure incurred.

6.2 Where, as a result of the operation of a peril insured against, the transit is terminated at a port or place other than the destination to which the cargo is insured hereunder, the insurer will reimburse the assured for any extra charges properly and reasonably incurred in unloading, storing and forwarding the cargo to that destination.

6.3 Many electron This clause shall not apply to general average, salvage or salvage charges.

6.4 The insurer's liability under this clause is in addition to his liability under the other provisions of this insurance, but shall not exceed an amount equal to the sum insured hereunder in respect of the cargo.


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Lex Mercatoria