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产品描述
American Institute
(June 2, 1977)
To be attached
to and form a part of Policy No________________________________________ of the
________________________________________________________________________________
The terms and
conditions of the following clauses are to be regarded as substituted for those
of the policy form to which they are attached, the latter being hereby waived,
except provisions required by law to be inserted in the Policy. All captions
are inserted only for purposes of reference and shall not be used to interpret
the clauses to which they apply.
ASSURED
This Policy
insures________________________________________________________________ hereinafter
referred to as the Assured.
If claim is made
under this Policy by anyone other than the Owner of the Vessel, such person shall not be entitled to recover to a greater
extent than would the Owner, had claim been made by the Owner as an Assured
named in this Policy.
Underwriters waive any right of subrogation against affiliated, subsidiary
or interrelated companies of the Assured, provided that such waiver shall not apply
in the event of a collision between the Vessel and any vessel owned, demise chartered
or otherwise controlled by any of the aforesaid companies, or with respect to
any loss, damage or expense against which such companies are insured.
LOSS PAYEE
Loss, if any,
payable to_____________________________________________________________ or
order.
Provided, however,
Underwriters shall pay claims to others as set forth in the Collision Liability
clause and may make direct payment to persons providing security for the
release of the Vessel in Salvage cases.
VESSEL
The Subject Matter of this insurance is the Vessel called the
_________________________________________________________________________________________________________________
or by whatsoever name or names the said Vessel is or shall be called, which for
purposes of this insurance shall consist of and be limited to her hull, launches,
lifeboats, rafts, furniture, bunkers, stores, supplies, tackle, fittings, equipment,
apparatus, machinery, boilers, refrigerating machinery, insulation, motor
generators and other electrical machinery.
In the event any
equipment or apparatus not owned by the Assured is installed for use on board the
Vessel and the Assured has assumed responsibility therefore, it shall also be
considered part of the Subject Matter and the aggregate value thereof shall be
included in the Agreed Value.
Notwithstanding
the foregoing, cargo containers, barges and lighters shall not be considered a
part of the Subject Matter of this insurance.
DURATION OF RISK
From the _______________day
of _______________19____, __________________________time
to the ________________day
of _______________19____, ___________________________time.
Should the Vessel
at the expiration of this Policy be at sea, or in distress, or at a port of refuge
or of call, she shall, provided previous notice be given to the Underwriters,
be held covered at a pro rata monthly premium to her port of destination.
In the event
of payment by the Underwriters for Total Loss of the Vessel this Policy shall
thereupon automatically terminate.
AGREED VALUE
The Vessel, for
so much as concerns the Assured, by agreement between the Assured and the Underwriters
in this Policy, is and shall be valued at___________________________________________________________________________Dollars.
AMOUNT INSURED HEREUNDER
_______________________________________________________________________
Dollars.
DEDUCTIBLE
Notwithstanding anything in this Policy to the contrary, there shall be deducted from the aggregate of all claims (including claims under the Sue and Labor clause and claims under the Collis
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