04. Vo 101 - H & M Insurance Policy.pdf

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THE NEW INDIA ASSURANCE CO. LTD. (Wholly owned by the Govt. of India)

POLICY SCHEDULE FOR HULL MACHINERY INSURANCE Insured Name Customer ID Address

: SAN MARINE Insured's Details : PO55299158 Office Code : 5TH FLOOR SHARIF TOWERS, Address MAIN ROAD, PALLAM RAJU NAGAR, KAKINADA. KAKINADA ,ANDHRA PRADESH, 533001

Issuing Office Details : HYDERABAD LCBO 960000 (960000) : LARGE CORPORATE AND BROKERS OFFICE, 104, 2ND FLOOR, SURYA TOWERS, S.P.ROAD, SECUNDERABAD

Phone No

:

Phone No

E-mail/Fax PAN No GSTIN/UIN

: [email protected], : ACGFS0660N : 37ACGFS0660N1ZQ / NA :

E-mail/Fax S.Tax Regn. No GSTIN SAC

Policy Number Period of Insurance

: 96000022170100000021 : From:24/11/2017 12:00:01 AM To: 23/11/2018 11:59:59 PM

Date of Proposal Prev. Policy no. Client Type

: 24-Nov-17 : : Non-Corporate

,500003 : 4027810300 / 4027810302 / 4027810300 : [email protected] : : 36AAACN4165C3ZQ : 997139 (Other non-life insurance services excl RI)

Policy Details

Premium ` 441187

Stamp Duty

GST` 80641

Business Source Code Dev.Off. : NTRUST INSURANCE BROKING level/Broker/Corp. Agent SERVICES PVT LTD - (BR00000156) NTRUST INSURANCE BROKING SERVICES PVT LTD (SI00075618) Agent/Bancassurance : Phone No : NA / NA E-mail/Fax : [email protected], /

Total(INRin Figures) 528649

Total(INR in Words) RUPEES FIVE LAC TWENTY-EIGHT THOUSAND SIX HUNDRED FORTY-NINE ONLY

Receipt No. & Date 9600008117000000748 2 - 01/12/17

INR 6821

Installment FULL PREMIUM

Installment Details GST` Total` Payable On or Before 80641 528649 24/11/2017 Vessel Details Sub Type of Vessel Sub Type Year of Port of Registration and Vessel description Make Authority Dumb Barges Dumb Barge with 2008 IRS MUMBAI Batching Plant. Sum Insured` Annual Premium` Deductible` Freight Total Increased

Premium` 441187

Name of Vessel

IMO No.

VO101

M-7725

Vessel H&M

Value Inland Vessel

68210000

Special Conditions Special Warranties Additional Peril Deductible

0

0

68210000

441187

350000

: Annexure was given for warranties : NA,NA,NA,NA : NA TRADING LIMITS/TRADING WARRANTIES East Coast

The Insurance under this policy is subject to Hull and Machinery clauses and conditions attached herewith Sl. No. Terms and Conditions Title

Signature Not Verified

Digitally signed Policy No. : 96000022170100000021Document generated by 17054 at 01/12/2017 16:01:17 Hours. by Srinivasan Vaideswaran Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415. Date: 2017.12.01 For 16:01:19 redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with IST

our own grievance redressal mechanism; you may also approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please visit our website http://newindia.co.in.

Page 1 of 3

THE NEW INDIA ASSURANCE CO. LTD. (Wholly owned by the Govt. of India)

1

Clauses

2

Conditions

3 4

Endorsements Special Conditions

1. CL-346 : Institute Fishing Vessel Clause 20.7.87 2. CL-294 : Additional Perils Clause 3. CL-306 : Additional Machinery Damage Clause 4. CL-356 : Institute Radioactive Contamination, Chemical, Biological, Bio-Chemical and Electromagnetic Exclusions Clause 5. CL-380 : Institute Cyber attack clause 6. Strike Riot and Civil Commotion Clause 7. CL-298 : Additional Machinery damage Deductible Clause (CL.298) 8. CL-390(S) : Institute War Clauses (For foreign flagged but Indian Managed vessels) 9. CL-362 : Leased equipments Clause 10. CL-311(S) : Ports Removed Clause 11. Bearing Sea Transit Clause 12. CL-311 : ITC Hulls Port Risk Clause dated 20.7.1987 13. Pilots non liability clause 14. Ship to Ship Lightening Clause 15. CL-280 : ITC Hulls 01.10.83 16. CL-289 : ITC Hulls Total Loss only(including Salvage,Salvage Charges,Sue,Labour) 1.10.83 17. CL-290 : ITC Hulls Disbursement and Increased Value(TL and Excess Liabilities) 1.10.83 18. CL-284 : Institute Hulls Total Loss,General Average 3by4 th Collision Liability 1.10.83 19. CL-287 : Institute Time Clause Freight dated 1.8.89 20. CL-342 : General Average Disbursement Clause A 21. CL-328 : Institute Hulls Yacht Clause 1. CL-280(S) : Cancellation Returns Only 2. Condition Cum Valuation Report by IRDA A Category Surveyor 3. Vessel shall be inspected by independent licenced Surveyor 4. All approvals onboard the vessel during beaching 1. Endosements PA Cover for Fishing Vessels 1. CL-346(S) : Institute Fishing Vessel Clause 20.7.87, but limited to pay only TL or CTL 2. Subject to Ice Clause and Local navigational rules and regulations complied with 3. CL-267(S) : Deletion of Indian Coal warranty 4. CL-346(S) : Clause20, P and I Risk of Institute Fishing Vessels Clause dated 20.7.87 deleted 5. CL-342(S) : Special G.A Condition 6. CL-328(S) : Deletion of Clause 5 of Institute Yacht Clause and Clause 19 applicable 7. CL-312 : ITC Hulls Port Risk including Limited Navigation 20.7.87 8. CL-289(S) : Inst. Total Loss Only including Salvage Charges with 4by4 Collision Liability 9. CL-289(S) : Inst. Total Loss Only including Salvage Charges with P.I Cover as per Clause9 10. CL-344 : Institute Hulls Yacht Clause, ITC Hulls amended to included P and I 11. Premium Installment Clause 12. CL-311(S) : ITC Hulls amended to include 4by4 Collision as per Clause7 of ITC Hulls Port `k 13. CL-280(S) : ITC Hulls amended to include 4by4 Collision,P and I cover as per Clause 7 and 9 14. CL-280(S) : ITC Hull 1.10.83 with 3by4 collision amended to 4by4

Policy No. : 96000022170100000021Document generated by 17054 at 01/12/2017 16:01:17 Hours. Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415. For redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with our own grievance redressal mechanism; you may also approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please visit our website http://newindia.co.in.

Page 2 of 3

THE NEW INDIA ASSURANCE CO. LTD. (Wholly owned by the Govt. of India)

5

Warranties

1. ISM Code compliance 2. All vessels excluding Tugs and Launches (excluding Bihar,WB and Assam) 3. For Launches or Passenger vessels (Excluding Bihar,WB and Assam) 4. For Launches or Passenger vessels employed in Inland water of Bihar,WB and Assam 5. For Tugs employed in Inland waters of India (Excluding Bihar,WB and Assam) 6. For Tugs employed in inland water of Bihar,WB and Assam 7. Classification and Maintanance of class Clause maintained throughout the policy 8. Trading Warranty 9. Warranted all Statutory requirements and validity of certificates maintained 10. Warranted Vessel certified and licensed for trading by competent authority 11. Adverse Weather Warranty 12. Warranted Vessel to comply with local laws regarding registration and licensing 13. Subject to Ice Clause and Local navigational rules and regulations complied with 14. All Vsls excluding Tugs and Launches employed in Inland Water of Bihar,WB,Assam

Premium and GST Details Rate of Tax Premium

Amount` 441187

SGST

0

0

CGST

0

0

IGST

18

80641

In witness whereof the undersigned being duly authorised by the Insurers and on behalf of the Insurers has (have) hereunder set his (their) hand(s) on this 01st day of December,2017.

For and on behalf of The New India Assurance Company Limited

Duly Constituted Attorney(s)

Mudrank_____________Dt.___________consolidated Stamp Fees Paid by Pay Order Number_______________vide receipt number___________dt.__________.

Document generated by 17054 Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai 400001. TOLL FREE No. 1800 209 1415.

Tax Invoice No : 9600002200000021 IRDA Registration Number: 190

Policy No. : 96000022170100000021Document generated by 17054 at 01/12/2017 16:01:17 Hours. Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415. For redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with our own grievance redressal mechanism; you may also approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please visit our website http://newindia.co.in.

Page 3 of 3

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