Terms and Conditions applicable for Extended Liability Cover

Commodity Covered:  Said to contain all types of goods but excluding below:

Exclusions: 

• Alcoholic beverages, • Animal skins (non-domesticated), • Articles of exceptional value (e.g. Works of art, antiques, precious stones, gold and silver, gems & jewels made up of gold , silver , diamond, precious metal  , bullion , commodities which have a sentimental value)  • Dangerous goods/Hazardous materials (following IATA and ADR regulations), • Firearms, • Furs, • Ivory and ivory products, • Live animals, • Money, negotiable items and pre-paid cards, • Perishable goods pertaining to temperature sensitive goods• Personal items , • Plants, • Pornographic materials, • Seeds, • accompanied baggage, • ODC/heavy lift Cargo - An over dimensional cargo Item shall display one or more of the following characteristics: Any cargo which including packing has dimensions in excess of 12 Meters length and/or 2.5 Meters wide and/or 2.5 Meters high [or US equivalent] and therefore does not fit inside a standard 40-foot container or equivalent road trailer. & / OR Any Cargo including packing with a weight in excess of 30 Metric Tons, • Obsolete machines & software

Voyage: This cover is valid for transits within territorial limits of India only.

Maximum SI to be considered per transit /truck/ Consignment: INR 10 crore

Deductible/ excess:

0.5% of the consignment value subjected to a min. Of INR 7,500 for each claim

Terms of Cover

1. Inland Transit: - ITC(A)+SRCC

2. In case of Import Shipments where the risk commences from an Indian port/ airport, the cover will be restricted to ITC-B (Rail/Road) B Clauses and SRCC

3. Used/Secondhand equipment, Fragile goods like glass, PV modules, LED/LCD screen and like goods: - ITC(B)+SRCC (Subjected to adequacy of packing and/or stowage)

4. Excluding the risk of returns goods

Special Conditions

1. Claim if any must be intimated immediately after such incident i.e., within 2 days of the receipt of cargo and any delay in intimation or during stock taking is not payable under this policy.

2. If owner of goods/ buyer/ seller has any other marine insurance policy for their goods being transported through MOVIN, this policy would be considered void ab initio. Subrogation claims are not applicable for loss of cargo during transit.

3. This policy does not cover for War on Land, Warehouse and storage risks, Banker’s blanket risks, Financial Guarantee and Insolvency, Rejection Risk, Any Kind of third party liability, any kind of cover which gives effect of Stock Throughput cover.

4. Loss or damage during storage at any warehouse including terrorism is not covered under this policy. 

5. Any loss or damage during stock taking is not covered under this policy

Exclusions
1. This is not a carrier’s liability policy and will not contribute to same in any way.
2. Excluding the risk of infidelity losses and the willful misconduct logistics, their employees, servants, and agents.
3. JOINT EXCESS LOSS CYBER LOSSES CLAUSE (JX2020-007) 18/06/2020
4. COMMUNICABLE DISEASE EXCLUSION
5. Excluding mold, mildew, fungus Infestation, decay/deterioration, contamination, wet losses, unless caused by ITC (B) perils.

Operative Clauses: 

INLAND TRANSIT (RAIL, ROAD, AIR) CLAUSE A – 2010

RISKS COVERED
1. This policy covers all risks of loss or damage to the subject-matter except as excluded by the provisions of Clauses Nos. 2,3, 4 & 5 below.
EXCLUSIONS
General Exclusion Clause

2. In no case shall this EL cover

2.1 loss damage or expense attributable to willful misconduct of the carrier / assured.
2.2 ordinary leakage, ordinary loss in weight or volume, or ordinary wear and tear of the subject-matter.
2.3 loss damage or expense caused by insufficiency or unsuitability of packing or preparation of the subject-matter to withstand the ordinary incidents of the transit where such packing or preparation is carried out by the assured or their employees etc. (for the purpose of these clauses “packing” shall be deemed to include stowage in container, land conveyance or railway wagon and ‘employees’ shall not include independent contractors).
2.4 loss damage or expense proximately caused by delay, even though the delay be caused by a risk which is covered.
2.5 loss damage or expense caused by inherent vice or nature of the subject-matter.
2.6 loss damage or expense directly or indirectly caused by or arising from the use any weapon or device employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter

UNFITNESS OFCONTAINER/CONVEYANCE CLAUSE
3. In no case shall this EL cover loss damage or expense arising from
3.1 Unfitness of container or land and/or rail conveyance for the safe carriage of the subject matter, where loading therein or thereon is carried out prior to attachment of this EL or by the assured or their employees and they are privy to such unfitness at the time of loading

WAR EXCLUSION CLAUSE
4. In no case shall this EL cover loss, damage or expense caused by
4.1 war civil war revolution rebellion insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power
4.2 capture seizure arrest restraint or detainment and the consequences thereof any attempt thereat
4.3 derelict mines bombs or other derelict weapons of war.

STRIKES EXCLUSION CLAUSE
5. In no case shall this EL cover loss, damage or expense
5.1 caused by strikers, locked out workmen, or persons taking part in labour disturbances, riots, or civil commotions
5.2 resulting from strikes, lockouts, labour disturbance, riots or civil commotions
5.3 caused by any act/s of terrorism being an act of any person/s acting on behalf of, or in connection with, any organization/s which carries/carry out activities directed towards the overthrowing or influencing, by force or violence, of any government whether or not legally constituted 
5.4 caused by any person acting from a political, ideological, or religious motive.
5.5 caused by the intervention of government authorities (for e.g., Armed & Paramilitary forces, Police force, Fire Brigade, etc.) In connection with curbing and stopping what are excluded vide clauses 5.1 to 5.4.

REASONABLE DESPATCH CLAUSE
6. It is a condition of this EL that the assured shall act with reasonable dispatch in all circumstances within their control

INLAND TRANSIT (RAIL OR ROAD) CLAUSE B – 2010

RISKS COVERED
1. This policy covers except as excluded by the provisions of clauses 2, 3, 4 & 5 below, the risks of physical loss or damage to the subject matter caused by
 I) fire or explosion
i) lightning
ii) breakage of bridges
v) Earthquake and Volcanic eruption

B) i) collision with or by the carrying vehicle/ railway wagon
Ii) overturning of the carrying vehicle/ railway wagon
Iii) derailment or accidents of like nature to the carrying railway wagon/vehicle

EXCLUSIONS
GENERAL EXCLUSION CLAUSE
2. In no case shall this EL cover
2.1 loss damage or expense attributable to willful misconduct of the assured
2.2 ordinary leakage, ordinary loss in weight or volume, or ordinary wear and tear of the subject-matter
2.3 loss damage or expense caused by insufficiency or unsuitability of packing or preparation of the subject-matter to withstand the ordinary incidents of the transit (for the purpose of these clauses “packing” shall be deemed to include stowage in container, land conveyance or railway wagon)
2.4 loss damage or expense proximately caused by delay, even though the delay be caused by a risk covered against
2.5 loss damage or expense caused by inherent vice or nature of the subject-matter 
2.6 loss damage or expense directly or indirectly caused by or arising from the use any weapon or device employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter
2.7 deliberate damage to or deliberate destruction of the subject-matter or any part thereof by the wrongful act of any person or persons

UNFITNESS OF CONTAINER/CONVEYANCE CLAUSE
3. In no case shall this EL cover loss damage or expense arising from
3.1 Unfitness of container or land and/or rail conveyance for the safe carriage of the subject matter, where loading therein or thereon is carried out prior to attachment of this EL cover or by the assured or their employees and they are privy to such unfitness at the time of loading

WAR EXCLUSION CLAUSE
4. In no case shall this EL cover loss, damage or expense caused by
4.1 war civil war revolution rebellion insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power
4.2 capture seizure arrest restraint or detainment and the consequences thereof any attempt thereat
4.3 derelict mines bombs or other derelict weapons of war.

STRIKES EXCLUSION CLAUSE
5. In no case shall this EL cover loss, damage, or expense
5.1 caused by strikers, locked out workmen, or persons taking part in labour disturbances, riots, or civil commotions
5.2 resulting from strikes, lockouts, labour disturbance, riots, or civil commotions
5.3 caused by any act/s of terrorism being an act of any person/s acting on behalf of, or in connection with, any organization/s which carries/carry out activities directed towards the overthrowing or influencing, by force or violence, of any government whether or not legally constituted
5.4 caused by any person acting from a political, ideological, or religious motive.
5.5 caused by the intervention of government authorities (for e.g., Armed & Paramilitary forces, Police force, Fire Brigade, etc.) In connection with curbing and stopping what are excluded vide clauses 5.1 to 5.4

REASONABLE DESPATCH CLAUSE: 
6. It is a condition of this EL that the assured shall act with reasonable dispatch in all circumstances within their control

STRIKE, RIOT AND CIVIL COMMOTION CLAUSE – 2010

(Inland Transit (including Air and Courier) not in conjunction with Ocean Going Voyage)
RISKS COVERED
RISK CLAUSE
1. Subject otherwise to the terms, conditions, and warranties against transit risks, this EL covers, except as provided in Clause 2 below, loss of or damage to the subject-matter caused by:
1.1 strikers, Locked-out workmen, or persons taking part in labour disturbances riots or civil commotions,
1.2 any act/s of terrorism being an act/s of any person/s acting on behalf of, or in connection with, any organization’s which carries/carry out activities directed towards the overthrowing or influencing, by force or violence, of any government whether or not legally constituted
1.3 caused by any person/s acting from a political, ideological, or religious motive.
1.4 caused by the intervention of government authorities (for e.g., Armed & Paramilitary forces, Police force, Fire brigade, etc.) In connection with curbing and stopping what are covered by Clauses 1.1 to 1.3 above.
EXCLUSIONS
GENERAL EXCLUSION CLAUSE
2. In no case shall this EL cover
2.1 loss or damage or expense proximately caused by delay, inherent vice or nature of the subject-matter 
2.2 loss damage or expense proximately caused by the absence, shortage or withholding of labour of any description whatsoever during any strike, lock-out, labour disturbances riot or civil commotion
2.3 any claim for expenses arising from delay or other consequential or indirect loss or damage of any kind
2.4 loss or damage or expense caused by hostilities, warlike operations, civil war, revolution, rebellion, insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power.

LIMITATION OF LIABILITY CLAUSE 

RADIOACTIVE CONTAMINATION EXCLUSION CLAUSE

CHEMICAL, BIOLOGICAL, BIO-CHEMICAL, ELECTROMAGNETIC WEAPONS AND CYBER ATTACK EXCLUSION

REPLACEMENT CLAUSE
In the event of loss of or damage to any part(s) of a machine or other manufactured item consisting of more than one part caused by a peril covered by this policy, the sum recoverable shall not exceed the cost of replacement or repair of such part(s) plus labour for (re)fitting and carriage costs. Duty incurred in the provision of replacement or repaired part(s) shall also be recoverable provided that the full duty payable on the machine or manufactured item is included in the amount. The total liability shall in no event exceed the amount of paid towards the machine or manufactured item.

Replacement Clause (Secondhand Machinery Clause)
In the event of a claim for loss or damage to any part of the interest in consequence of a covered peril, the amount recoverable hereunder shall not exceed such proportion of the cost of replacement of the parts lost or damaged as the value of new machinery, plus additional charges for forwarding and refitting the new part or parts if incurred. Provided always that in no case shall the liability exceed the covered value of the complete machine. Under the clause full cost of new parts, in case of damage are payable on new for old basis if the sum covered is equal to new replacement clause. However, if the sum covered is less than new replacement clause depreciation shall be applied in the proportion of covered value / sum covered x loss.

Label Clause
In case of damage from perils covered against affecting labels only, loss to be limited to pay the cost of reconditioning, cost of new labels and cost of relabeling the goods, provided the damage will have amounted to a claim under the terms of the cover.

Per Sending Limit
Notwithstanding anything to contrary contained herein, the cover in respect of any accident or series of accidents arising from the same event at any one location shall not exceed the amount specified herein. This denotes accumulation of all shipments at any one place at any one-time e.g., Intermediate storage, carriers or godowns, at the port awaiting shipment and similar places. 

Pair and Set Clause
Liability shall not exceed the value of any part or parts which may be lost or damaged, without reference to any special value which such article(s) may have as part(s) of such pair or set, nor more than a proportionate part of the covered value of the pair or set.