Termination of Transit Clause (Terrorism) Amended
This clause shall be paramount and shall override anything contained in this
insurance inconsistent therewith.
1. Notwithstanding any provision to the contrary contained in this Policy or
the Clauses referred to therein, it is agreed that in so far as this Policy covers
loss of or damage to the subject-matter insured caused by any terrorist or
any person acting from a political motive, such cover is conditional upon
the subject-matter insured being in the ordinary course of transit and, in any
event, SHALL TERMINATE:
either
1.1 As per the transit clauses contained within the Policy,
or
1.2 on delivery to the Consignee’s or other final warehouse or place of storage
at the destination named herein,
1.3 on delivery to any other warehouse or place of storage, whether prior
to or at the destination named herein, which the Assured elect to use either
for storage other than in the ordinary course of transit or for allocation or
distribution,
or
1.4 in respect of marine transits, on the expiry of 60 days after completion of
discharge overside of the goods hereby insured from the oversea vessel at the
final port of discharge,
1.5 in respect of air transits, on the expiry of 30 days after unloading the
subject-matter insured from the aircraft at the final place of discharge,
whichever shall first occur.
2. If this Policy or the Clauses referred to therein specifically provide cover
for inland or other further transits following on from storage, or termination
as provided for above, cover will re-attach, and continues during the ordinary
course of that transit terminating again in accordance with clause 1.
Termination of Transit Clause (Terrorism) Amended