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RISKS COVERED

Risks

INSTITUTE WAR CLAUSES (CARGO)

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

the su bject-matter insured 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, arising from risks covered under 1.1 above, and the

consequence s thereof or any attempt thereat

1.3 derelict mines torpedoes bombs or other derelict weapons of war.

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 n o 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 and 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 employee s or prior to the attachment of this

insurance (for the purpose of these Clauses "packing" shall be deemed to include stowage in a container

and "employees" shall not include independen t 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 insure d against

(except expense s payable under Clause 2 above)

3.6 loss damage or expense caused by insolvency or financial default of the owners managers chartere rs or