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1、PICCP&CINSTITUTECARGOCLAUSES(A)RISKSCOVERED1Thisinsurancecoversallrisksoflossofordamagetothesubject-matterinsuredexceptasprovidedinClauses4,5,6and7below.RisksClause2Thisinsurancecoversgeneralaverageandsalvagecharges,adjustedordeterminedaccordingtothecontractofaffreightmentand/orthe
2、governinglawandpractice,incurredtoavoidorinconnectionwiththeavoidanceoflossfromanycauseexceptthoseexcludedinClauses4,5,6and7orelsewhereinthisinsurance.GeneralAverageClause3ThisinsuranceisextendedtoindemnifytheAssuredagainstsuchproportionofliabilityunderthecontractofaffreightment"Bo
3、thtoBlameCollision"Clauseasisinrespectofalossrecoverablehereunder.IntheeventofanyclaimbyshipownersunderthesaidClausetheAssuredagreetonotifytheUnderwriters,whoshallhavetheright,attheirowncostandexpense,todefendtheAssuredagainstsuchclaim."BothtoBlameCollision"ClauseEXCLUSIONS4Innocas
4、eshallthisinsurancecoverGeneralExclusionsClause4.1lossdamageorexpenseattributabletowilfulmisconductoftheAssured4.2ordinaryleakage,ordinarylossinweightorvolume,orordinarywearandtearofthesubject-matterinsured4.3lossdamageorexpensecausedbyinsufficiencyorunsuitabilityofpackingorprepara
5、tionofthesubject-matterinsured(forthepurposeofthisClause4.3"packing"shallbedeemedtoincludestowageinacontainerorliftvanbutonlywhensuchstowageiscarriedoutpriortoattachmentofthisinsuranceorbytheAssuredortheirservants)4.4lossdamageorexpensecausedbyinherentviceornatureofthesubject-matte
6、rinsured4.5lossdamageorexpenseproximatelycausedbydelay,eventhoughthedelaybecausedbyariskinsuredagainst(exceptexpensespayableunderClause2above)4.6lossdamageorexpensearisingfrominsolvencyorfinancialdefaultoftheownersmanagerscharterersoroperatorsofthevesselofwork,relationships,needand
7、possibility,putqualityfirst."Improvestructure",referspartycarefully".IsamustadheretotheindividualabsorptionTheprincipleofthedevelopmentofamatureone,andstrictlyperformintheadmissionprocedure,topreventthePartymember134.7lossdamageorexpensearisingfromtheuseofanyweaponofwaremployingato
8、micornuclearfissionand/orf