Comparison of AIMU Clauses Between 1966 and 2004

2004 CLAUSES New 1966 CLAUSES
     
 TERMS    
American Conditions (FPAAC) X Not Addressed
English Conditions (FPAEC)   same wording
With Average (WA) X Not Addressed
All Risk (A/R) X Not Addressed
     
CAUSES OF LOSS    
Basic Perils X  
Institute FPA Warranties    
Vessel   same wording
"On Deck" Vessel X Not Addressed
Aircraft X Not Addressed
ADDITIONAL PERILS    
Shore Perils   same wording
Packages Totally Lost   same wording
Inchmaree   same wording
Explosion   same wording
Pollution Hazard/ X  
       Deliberate Damage X  
ADDITIONAL COVERAGES    
General Average &   different wording
       Salvage Charges   different wording
Brands & Trademarks X  
Landing, Warehousing &   different wording
        Forwarding Charges   different wording
"Both to Blame"   same wording
Sue & Labor Charges   called 'Duty of Assured' Clause
Craft/ Lighter   same wording
EXCLUSIONS    
Basic Exclusions X  
Paramount Warranties    
F.C.& S. Warranty   same wording
S.R.&C.C. Warranty   same wording
Delay Warranty   same wording
Nuclear/Radioactive Contamination    
        Exclusion Warranty X  
ADDITIONAL CLAUSES    
Seaworthiness   same wording
Carrier Clause   same wording
Economic & Trade Sanctions X  
DURATION OF RISK    
Transit Clause    
Warehouse to Warehouse interruption of transit same intent
Shipments returned or refused X  
Consolidation/deconsolidation X  
LOSS ADJUSTMENT CLAUSE    
Constructive Total Loss   same wording
Partial Loss X  
General Average   same wording * Prior mention in 2003 clauses is vague
Machinery Clause   same wording
Labels Clause   same wording
Brands & Trademarks X  
Subrogation payment allows Company to subrogate Duty of Assured' required subrogation be protected
Notice of Loss X  
Payment of Loss X  
Notice of Suit X  
Choice of Law X  
OPERATING CLAUSES    
Report of Shipments X  
Inspection of Records X  
Special Cargo Policies X  
Other Insurance X  

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