S.no 1 2 3 4 5 6 7 8 9 10 11 12
NOTE Excess:
Coverages Policy Type Cover Coverage Basis of Valuation Policy sum Insured Limit per sending Limit per Location Nature of packing Voyage Premium S.Tax Net Premium
ICICI LOMBARD Open marine Policy ITC(A)+SRCC Road/Sea/Air CIF+10% 1 Cr 25 lac 25lac WOODEN CRATES/ WOODEN PALLETS/LOOSE/BAGS/OPEN TOP CRATE India to any where in world 7706 794 8500
5% of the consignment value subject to minimum of Rs. 25,000/- on each and every claim.
Standard Warranties:1
It is warranted that the vessel used is in conformity with Institute classification Clause and should not be more than 25 years of age. It is warranted that goods are transported in closed wagons and /or trucks to be covered with tarpaulin or any other water proof material to avoid ingress of water It is warranted that non-containerized cargo is shipped under deck, for on deck non- containerized cargo premium will be extra prior to commencement of the shipment. It is warranted that all shipments other than bulk cargo shall be carried in containers, for non containerized cargo premium will be extra prior to commencement of the shipment. It is warranted shortage from seal intact containers is not covered in the policy. It is warranted any transit from, to or through Afghanistan, Iraq, North Korea, Northern Sri Lanka, Somalia, Chechnya and Bosnia are not covered under the above mentioned policy. It is warranted that if the weight of the cargo exceeds than Registration Laden weight/ Licensed Carrying Capacity of the vehicle, as mentioned in the Registration Certificate of the vehicle, then any loss or damage arising out of such transit is not cove
Standard Clauses:
Open Policy Clause The declaration should be furnished within 15 days from the date of shipment or arrival of vessel at destination port whichever is earlier Institute Radioactive Contamination Exclusion Clause. Cargo Termination of Storage in Transit Clause. Cargo Termination of transit Clause ( Terrorism) Insititute Chemical,Biological, Bio chemaical Electromagentic Weapons and Cyber attack Exclusion Clause Institute Classification Clause Important Notice Clause Cargo ISM Endorsement