RISKS COVERED
1. This insurance
covers, except as provided in Clauses 3 and 4 below, loss of or damage to the
subject-matter insured caused by
1.1
strikers, locked-out workmen, or persons taking part in labour
disturbances, riots or civil commotions
1.2
any terrorist or any person acting from a political motive.
2. This insurance
covers general average and salvage charges, adjusted or determined according to
the contract of affreightment 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 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 (for the purpose of this
Clause 3.3 “packing” shall be deemed to include stowage in a container or
liftvan but only when such stowage is carried out prior to attachment of this
insurance or by the Assured or their servants)
3.4 loss damage or expense caused by inherent vice or nature of the
subject-matter insured
3.5 loss damage or expense proximately caused by delay, even though the
delay be caused by a risk insured against (except expenses payable under Clause
2 above)
3.6 loss damage or expense arising from insolvency or financial default
of the owners managers charterers or operators of the vessel
3.7 loss damage or expense arising from the absence shortage or
withholding of labour of any description whatsoever resulting from any strike,
lockout, labour disturbance, riot or civil commotion
3.8 any claim based upon loss of or frustration of the voyage or
adventure
3.9 loss damage or expense arising from the use of any weapon of war
employing atomic or nuclear fission and/or fusion or other like reaction or
radioactive force or matter
3.10 loss damage or expense caused by war civil war revolution rebellion i
