Common use of War Risks Clause in Contracts

War Risks. Insurance against War Risks according to London Institute War Clauses or similar, on an agreed value basis, for the Required Amount upon such terms as shall from time to time be approved in writing by the Bank, attaching also the so-called War Protection and Indemnity Clauses. If not fully covered by these insurances, crew war liabilities insurance shall have to be effected separately;

War Risks. Insurance against War Risks risks according to the London Institute War Clauses or similarClauses, on an agreed value basis, for the Required Amount upon such terms as shall from time to time be approved in writing by the Bank, basis attaching also the so-so called War Protection and Indemnity Clauseswar protection clause. If not fully covered by these insurances, In this case crew war liabilities insurance shall also have to be effected separately;; and