1/1/09

INSTITUTE STRIKES CLAUSES (CARGO)

RISKS COVERED

Risks

1. This insurance covers, except as excluded by the provisions of Clauses 3 and 4 below, loss of or damage to

the subject-matte r insured caused by

1.1 strikers, locked-out workmen, or persons taking part in labour disturbances, riots or civil commotions

1.2 any act of terrorism being an act of any person acting on behalf of, or in connection with, any

organisation which carries out activities directed towards the overthrowing or influencin g, by force or

violence, of any government whether or not legally constituted

1.3 any person acting from a political, ideological or religious motive.

General Average

2. This insurance covers general average and salvage charges, adjusted or determined according to the contract

of carriage and/or the governing law and practice, incurred to avoid or in connection with the avoidance of

loss from a risk covered under these Clauses.

EXCLUSIONS

3. In no case shall this insurance cover

3.1 loss damage or expense attributable to wilful misconduct of the Assured

3.2 ordinary leakage, ordinary loss in weight or volume, or ordinary wear an d tear of the subject-matter

insured

3.3 loss damage or expense caused by insufficiency or unsuitability of packing or preparation of the subject-

matter insured to withstand the ordinary incidents of the insured transit where such packing or

preparation is carried out by the Assured or their employees or prior to the attachment of this insurance

(for the purpose of this Clause 3.3 "packing" shall be deemed to include stowage in a container and

"employees" shall n ot include independent contractors)

3.4 loss damage or expense caused by inherent vice or nature of the subject-matter insured

3.5 loss damage or expense caused by delay, even though the delay be caused by a risk insured against

(except expenses p ayable under Clause 2 above)