Transcription of INSTITUTE CARGO CLAUSES (C)
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INSTITUTE CARGO CLAUSES (C)
I N S T I T U T E C A R G O C L A US E S (C) C L 254 1 9 8 2 RISKS COVERED Risks Clause 1. This insurance covers, except as provided in CLAUSES 4, 5, 6 and 7 below. loss of or damage to the subject-matter insured reasonably attributable to fire or explosion vessel or craft being stranded grounded sunk or capsized overturning or derailment of land conveyance collision or contact of vessel craft or conveyance with any external object other than water discharge of CARGO at a port of distress loss of or damage to the subject-matter insured caused by general average sacrifice jettison General Average Clause 2.
14 14.1. If any Increased Value insurance is effected by the Assured on the cargo insured herein the agreed value of the cargo shall be deemed to be increased to the total amount insured under this insurance and all Increased Value insurances covering the loss, and liability under this insurance shall be in such proportion as the sum insured ...
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