SHIP OPERATOR COVER

STANDARD RISKS

S1 Carrying Equipment

S2 Third Party Liabilities

S3 Fines & Duty

S4 Cargo Liabilities

S5 Costs

S6 Discretionary Insurance

ADDITIONAL RISKS

S7 Handling Equipment

S8 North American Chassis Liabilities

POLITICAL RISKS

Political Risks (including War Risks On Land)

STANDARD RISKS

S1 CARRYING EQUIPMENT CLAUSE

You are insured for:

1.1

physical loss/damage of insured carrying equipment arising from:

. any accidental cause

. war/strikes riots & terrorist risks*

1.2

your liability for general average and salvage contributions in respect of insured carrying equipment (including war/strikes riots & terrorist risks*)

*subject to 5 below

You are not insured under this Clause:

2.1

for costs of remedying/repairing:

2.1.1

defects in design/manufacture - or for loss/damage to property or equipment arising from the replacement, repair or rectification of property/equipment in respect of which a claim is excluded under this paragraph (2.1.1)

2.1.2

wear and tear

2.1.3

mechanical/electrical breakdown or malfunction

2.2

for loss/damage arising from:

2.2.1

mysterious disappearance (and loss discovered on inventory)

2.2.2

order of any authority

2.2.3

nationalization, embargo, requisition or compulsory purchase by an authority

2.3

for loss/damage to lights, winding handles, tyres /wheels of a chassis/trailer unless due to loss of the chassis/trailer or to an accident also damaging another part of the