CL350
1. PERILS
Subject always to the exclusions hereinafter referred to, this insurance covers loss of or damage to the subject-matter insured caused by
1.1 strikers, locked-out workmen, or persons taking partin labour disturbances, riots or civil commotions
1.2 any terrorist or any person acting maliciously or from a political motive.
2. PROTECTION AND INDEMNITY
This insurance also covers, subject to the limitation of liability provided for in Clauses 19.5 and 19.6 of the Institute Clauses for Builders' Risks 1/6/88, the liability under Clause 19 of the Institute Clauses for Builders' Risks 1/6/88 which is excluded by Clause 22.1.
3. INCORPORATION
The Institute Clauses for Builders' Risks 1/6/88 are deemed to be incorporated in this insurance, in so far as they do not conflict with the provisions of these clauses, but this insurance excludes any claim which would be recoverable under the said clauses.
4. RETURNS OF PREMIUM
No return of premium hereunder unless specially agreed.
5. EXCLUSIONS
This insurance excludes
5.1 any loss of or damage to the subject-matter insured covered by the Institute War Clauses Builders' Risks 1/6/88
5.2 any claim for expenses arising from delay except such expenses as would be recoverable in principle in English law and practice under the York-Antwerp Rules 1974
5.3 piracy (but this exclusion shall not affect cover under Clause 1.1)
5.4 any claim based upon loss of or frustration of any voyage or contract for sale or other adventure.
The following clauses shall be paramount and shall override anything contained in this insurance inconsistent therewith.
6. WAREXCLUSION
İn no case shall this insurance cover loss damage or expense caused by war civil war revolution rebellion insurrection, or civil strife arising therefrom, or any hostile act by or against a belligerent power.
7. NUCLEAR EXCLUSION
İn no case shall this insurance cover loss damage liability or expense directly or indirectly caused by or contributed to by or arising from
7.1 ionising radiations from or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel
7.2 the radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof
7.3 any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter.
1/6/88
CL350 © Copyr
INSTITUTE STRIKES CLAUSES BUILDERS' RISKS