PICC P&C Institute War and Strike
Clauses Hulls-Time CL281
1 PERILS
Subject always to the
exclusions hereinafter referred to, this insurance
covers
loss
of or damage
to the Vessel caused
by
1.1 war civil war revolution
rebellion insurrection, or civil
strife arising therefrom, or any hostile act by or against a belligerent power
1.2 capture seizure arrest
restraint or detainment, and
the consequences thereof or any attempt thereat
1.3
derelict mines torpedoes bombs or
other derelict weapons of war
1.4
strikers, locked-out workmen, or persons taking part
in labour disturbances, riots or civil commotions
1.5 any terrorist or any person acting maliciously
or from a political
motive
1.6 confiscation or
expropriation.
2 INCORPORATION
The Institute
Time
Clauses-Hulls
6,12,
Held covered in case of
breach of warranty as
to towage or salvage services provided
notice be given to the
Underwriters
immediately after receipt of advices
and any additional premium required by them be
agreed.
3 DETAINMENT
In the event
that the Vessel shall
have been
the
subject of capture
seizure arrest restraint detainment confiscation or
expropriation, and
the
Assured shall thereby have lost
the free use and disposal of the Vessel for a continuous period of
12 months then for the purpose of ascertaining
whether the Vessel
is a
constructive
total loss the Assured shall be deemed to
have been deprived
of the possession of the Vessel without any
likelihood of recovery.
4 EXCLUSIONS
This insurance excludes
4.1 loss damage liability
or
expense arising from
4.2 loss damage liability or expense
covered by the Institute Time Clauses-Hulls