RISKS COVERED

1 This insurance covers, except as provided in Clauses 4, 5, 6 and 7 below,

Risks Clause

1.1 loss of or damage to the subject-matter insured reasonably attributable to

1.1.1 fire explosion or heating, even when caused by spontaneous combustion, inherent vice or nature of the subject-matter insured

1.1.2 vessel being stranded grounded sunk or capsized

1.1.3 collision or contact of vessel with any external object other than water

1.1.4 discharge of cargo at a port of distress

1.1.5 earthquake volcanic eruption or lightning,

1.2 loss of or damage to the subject-matter insured caused by

1.2.1 general average sacrifice

1.2.2 jettison or washing overboard