INSTITUTE CARGO CLAUSES (A) RISKS COVERED 1. Risks Clause The insurance covers all risks of loss of or damage to the subject-matter insured except as provided in Clauses 4,5,6 and 7 below. 2. General Average Clause This insurance covers general average and salvage charges, adjusted or determined according to the contract of affreightment and / …
Kidnap and Extortion are very real and growing threats in today’s world, which can be easily sensed by the alarming rise in numbers of Kidnap experienced worldwide. On analyzing these incidents, worldwide it can be felt that the soft targets for these types of events are the employees / Senior officials of companies who have …
the Company will at its own option by payment or reinstatement or repair indemnify the Insured against unforeseen and sudden physical damage by any cause not hereinafter excluded to any Insured Property specified in the attached Schedule(s) whilst at the location mentioned therein necessitating its immediate repair or replacement. This Policy shall apply to …
COVERAGE’S Damage (other than by fire) to the Boilers and/or other Pressure Plant described in the Schedule. Damage (other than by fire) to surrounding property of the insured described in the Schedule or to property held by the insured in trust or on commission or for which he is responsible. Liability of the Insured at …
