AIMU
Endorsement for Open Policies
(Cargo)
Strikes, Riots & Civil
Commotions
(March 1, 2002)
To be
attached to and form a part of Policy No
of
Insuring
S.R. & C. C. Endorsement (Form
No. 11)
THIS
INSURANCE ALSO COVERS:
(1) Physical loss of or damage
to property insured directly caused by strikers, locked-out
workmen, or persons taking part in labor disturbances or riots
or civil commotions;
(2) Physical loss of
or damage to the property insured directly caused by
vandalism, sabotage or malicious acts; and,
(3) Physical loss of or damage
to the property insured directly caused by the act or acts of
one or more persons, whether or not agents of a sovereign
power, carried out for political, terroristic or ideological
purposes and whether any loss, damage or expense resulting
therefrom is accidental or intentional; PROVIDED that any
claim to be recoverable under this subsection (3) be not
excluded by the F.C. & S. Warranty in the Policy to which this
endorsement is attached. Notwithstanding the foregoing,
coverage under this subsection (3) is conditional upon the
property insured being in the ordinary course of transit and,
in any event, shall terminate:
(a)
As per the Warehouse to Warehouse Clause, Marine Extension
Clause, 60 Day South American Clause and any other clauses
relating to duration of transit contained in or endorsed onto
the Policy; or,
(b)
on delivery to the consignee’s or other final warehouse or
place of storage at the destination named herein; or,
(c)
on delivery
to any warehouse or place of storage, whether prior to or at
the destination named herein, which the Assured elects to use
either for storage other than in the ordinary course of
transit or for allocation or distribution; or,
(d)
in respect of
marine transits, on the expiry of 60 days after completion of
discharge overside of the property insured from the vessel at
the port of discharge; or,
(e)
in respect of
air transits, on the expiry of 30 days after unloading the
property insured from the aircraft at the place of discharge;
whichever shall first occur.
While the property insured is
at risk under the terms and conditions of this insurance
within the United States of America, the Commonwealth of
Puerto Rico, the U.S. Virgin Islands and Canada, this
insurance is extended to cover physical loss of or damage to
the property insured directly caused by acts committed by an
agent of any government, party or faction engaged in war,
hostilities or other warlike operations, provided such agent
is acting secretly and not in connection with any operation of
military or naval armed forces in the country where the
described property is situated.
Nothing in this endorsement
shall be construed to cover any loss, damage or expense
directly or indirectly arising from, contributed to or caused
by any of the following, whether due to a peril insured
against or otherwise:
(a)
change in temperature or humidity;
(b)
the absence, shortage, or withholding of power, fuel,
or labor of any description whatsoever during any strike,
lockout, labor disturbance, riot or civil commotion;
(c)
loss of market or loss, damage or deterioration arising
from delay;
(d)
hostilities, warlike operations, civil war, revolution,
rebellion or insurrection, or civil strife arising therefrom,
except to the limited extent that the acts of certain agents
acting secretly have been expressly covered above; or,
(e)
nuclear reaction, radiation or radioactive
contamination.
The Assured agrees to report
all shipments attaching under this cover and to pay premiums
therefore at the rates established by the Assurer from time to
time.
This endorsement may be
canceled by either party upon forty-eight hours written,
telegraphic or telefaxed notice to the other party, but such
cancellation shall not affect any risks which have already
attached hereunder.
Effective
with respect to shipments made on or after . . . . . . .
All other
terms and conditions remain unchanged.
Dated . .
. . . . . . . . . , 20. . . .
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