Examples of Institute Cargo Clauses in a sentence
If any Documentary Credit stipulates that the Goods be insured under insurance policies/certificates containing "Institute Cargo Clauses" or other industry standard clauses, HSBC may accept insurance policies/certificates which contain "American Institute Cargo Clauses" or any other industry standard clauses that HSBC determines appropriate.
If any Documentary Credit stipulates that the Goods be insured under insurance policies/certificates containing "Institute Cargo Clauses" or other industry standard clauses, HSBC may accept insurance policies/certificates which contain "American Institute Clauses" or any other industry standard clauses that HSBC determines appropriate.
TEMPERATURE VARIATIONExcluding any loss, damage or change in the nature of the subject matter insured caused by variation in temperature unless caused by a peril insured under the terms of the Institute Cargo Clauses (B) CL383 dated 1.1.2009.
Shipments in fully enclosed or open top containers are insured subject to Institute Cargo Clauses (A) CL 382 dated 1.1.2009 in accordance with these Standard Conditions.
The goods shall be insured for 110% of the invoice value against all risks, i.e. Institute Cargo Clauses (A).
ON DECK SHIPMENTSOn deck shipments are insured subject to the deletion of the Institute Cargo Clauses (A) and replacement with Institute Cargo Clauses (C) CL 384 dated 1.1.2009 extended to include the risks of washing overboard and theft or non-delivery of an entire consignment or full container, trailer or vehicle load.
The following provisions apply: • Institute Cargo Clauses (A) 1/1/09 • Institute Strikes Clauses (Cargo) 1/1/09 This Additional Benefit does not provide Cover for parts, Equipment and Accessories, and Machinery held ashore for the purposes of storage only.
If you do not purchase insurance under Clause A, you will bear the risk of loss for all risks that are covered under Institute Cargo Clauses, Clause A.
Insurance in the form of a declaration policy covering shipments by sea on "All Risks" conditions subject to Institute Cargo Clauses (A) and war and strikes risks as per the appropriate Institute Clauses.
Excluding Rusting, Oxidation and Discoloration unless caused by the perils insured under Institute Cargo Clauses –B- 1/1/82.