PICC P&C DTV HULL CLAUSES 1978
(As
amended in April 1984)
(Original
text in German which shall take precedence)
1 Relationship to the German
General Rules of Marine Insurance (ADS)
The DTV Hull Clauses take
precedence over the ADS.
2 Period of Insurance
2.1 The insurance commences
and expires on the dates mentioned. This applies also to a vessel which is en
route at the time when the insurance expires in accordance with Article 68 ADS.
2.2 The Assured may,
however, submit a declaration to Underwriters before expiry of the insurance to
the effect that the insurance be extended in the event that the vessel is en
route when the insurance expires and sustains indemnifiable damage impairing
her seaworthiness.
The extension expires as
soon as the repairs have been carried out or - if repairs are not carried out
immediately - when the damage has been ascertained.
3 Insurable Value
The agreed hull valuation
shall be considered as the insurable value and comprises the vessel, the
mechanical equipment, appurtenances and installations.
4 Appurtenances and
Installations
4.1 Appurtenances are
included in the insurance even if these are not the property of the Assured.
4.2 Equipment is covered
against partial loss or damage only if caused by fire or explosion.
5 Parts removed from the
vessel
Parts of the insured vessel
and her appurtenances, which are temporarily removed from the vessel, remain
insured. Any other existing insurance shall take precedence over this
insurance.
6 Insurances on
Disbursements and Freight
6.1 Additional insurances
for shipowner”s account are permitted as follows: up to 15 % of the hull
valuation on disbursements and equipment and up to 20 % of the hull valuation
on freight.
Amounts insured on equipment
and freight not at risk shall be deemed to be covered on disbursements.
6.3 If additional insurances
are covered for higher amounts than those permitted above,
Underwriters are discharged
from liability in respect of these higher amounts in the event of total loss.
7 Trading Warranties
(according to agreement)
7.1 European Trading
The insurance applies to
voyages between all European places and all places in the
Mediterranean and Black Sea,
limited to the north by the 70 th degree Lat. N., excluding Greenland, but
including direct voyages to and from Kirkenes and Murmansk and voyages to and
from the White Sea, provided that on the outward voyage the vessel does not pass
Honnigsvaag prior to the 10th May and does not commence the return voyage from
the last port of call at White Sea after the 31st October, to the south by the
Atlantic Coast of Africa up to and including Casablanca, to the west by and
including Iceland, but excluding the Canary Islands and the Azores.
7.2 Worldwide Trading
The insurance applies to
voyages to and from all places. Excluded, however, are voyages
1. north of 70° Lat.N.
except voyages direct to and from Kirkenes and Murmansk and voyages to and from
the White Sea provided that on the outward voyage the vessel does not pass
Honnigsvaag prior to the 10th May and does not commence the return voyage from
the last port of call at the White Sea after the 31st October,
2. to and from
3. south of 50° Lat.S.
except voyages to and from places in the Argentine,
4.
at the
