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October 09, 2023 23:06
1. In Both Insurance Plans the Insurance Provider shall in no case be liable for loss and/or damage caused by...
Faulty design of the container or tank container
Manufacturing or defects in materials in individual parts. Loss and/or damage caused thereby to other parts shall remain insured.
The nature of the cargo of the container or tank container unless the loss and/or damage has been occasioned by an accident with the conveyance or by stranding; if this can be proven
2. In Both Insurance Plans, the Insurance Provider is not liable for...
Ordinary wear & tear, scratching, chipping of paint, gradual warping, or ordinary use based on the standard of the repair agreed (for sections 1 and 2) and on the ITCO tank standard (for section 3)
Any pre-existing damage, other than new impact damage
All cleaning activities including but not limited to steam cleaning, chemical cleaning, contamination & damage due to cargo spillage as well as costs for cleaning certificates
3. I n Both Insurance Plans, t he Insurance Provider is not liable for loss and/or damage in cases of...
In case of insolvency or fraud by one of the contracting parties.
in case of indirect loss and/or damage of all kinds or losses from/for previous voyages.
4. I n Both Insurance Plans, t he Insurance Provider is not providing Insurance coverage in case of...
War and warlike events on land as well as confiscation due to the war exclusion clause.
Therefore, all claims in Russia, Belarus, and Ukraine are suspended until further notice. The full list of exclusions is available
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