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under this insurance is not to exceed the cost of the cotton and charges added; except in cases where the assured is compelled by his contract to replace the cotton destroyed; in which cases the actual cost of the new cotton, and of placing it where the old cotton was lost, shall be the limit of claim, provided it does not exceed the sum insured. DECK CARGO.-See GOODS ON DECK.

DESTINATION CLAUSE.-Warranted free of all average, but to pay a total loss on such portion as does not reach its destination.

Warranted free of all average, but to pay a total loss on such portion as does not reach its destination in the vessel named in the policy.

DETENTION CLAUSE.-See FREIGHT.
DISBURSEMENTS.-Warranted free of all average.

No claim to attach hereto unless the vessel be at total loss constructive or absolute.

FLUIDS CLAUSE. - Subject to particular average, including leakage caused by sea perils if amounting to 3% each barrel separately insured.

FREIGHT-Detention clause.-Warranted free from any claim, consequent on loss of time, whether arising from a peril of the sea or otherwise.

Diminishing clause.—It is agreed that the amount at risk shall be reduced by one-twelfth for each expired month. FREIGHT CONTINGENCY.-On increased value on arrival by payment of freight and/or charges: being against the risk of depreciation by perils insured against only. Total loss and/or loss of part to be deemed on arrival: but to include all risks of craft and/or raft, etc., at destination, and the risk of loss of the whole or part after the freight may have become due. FRUIT CLAUSE.-Free of particular average unless vessel be stranded, sunk, burned or in collision, in any, all, or several of which events the insurers are liable for such loss by decay, injury, or damage to the fruit as is occasioned thereby or occurs during or in consequence of delay resulting therefrom, or from the breakage of shaft, loss of blades from propeller, or delay in consequence of derangement or breakage of machinery, rudder and/or stern post, and the loss amounts to 10% after deducting the ordinary loss of 5% in all cases. GLASS AND CHINA WARE.-Warranted free from any claim, general average excepted, unless caused by the vessel being stranded, sunk, or burnt, or by collision with another ship or vessel.

GOODS ON DECK.-Warranted free from claim for jettison or washing overboard.

In and over all. Deck load to be considered as if separately insured.

Shipowner's Risk.-To cover only shipowner's liability for total loss, risk of jettison and washing overboard in consequence of being carried on deck.

Shipowner's Liability. This insurance is only against all risks to which shipowners may become liable in consequence of the goods being carried on deck.

GRAIN. Including all risks of craft to and from the vessel, especially from the vessel when discharging in the river, or in any dock on the Liverpool side of the river to the grain warehouses each lighter or craft to be considered a separate risk. HIDES. Each 1000 hides if amounting to 10 per cent. INCREASED VALUE.-(a) In the event of any claim arising for general average, this policy to pay only its proportion of any excess that may not be recoverable under the original policies; and in event of the contributory value of the cargo being greater than the total amount insured (including the policies on increased value), this policy to pay only in proportion to the said amount insured, as the amount insured may bear to the contributory value.

(6) Without benefit of salvage, and to pay only such proportion of general average (if any) as shall not be recoverable under the original policy or policies. (A "wager" policy.) INCREASED VALUE BY PAYMENT OF FREIGHT.-See FREIGHT

CONTINGENCY.

INDIGO.-Each package.

JUTE (Calcutta to Dundee).-To pay average if amounting to 5 per cent on each 250 bales.

LABEL CLAUSE.-See BOTTLED GOODS.

Loss of Weight CLAUSE on Cargoes of Sugar.—See SUGAR. MACHINERY.-In case of loss or injury to any part of a machine

consisting when complete, for sale or use, of several parts, this company shall only be liable for the insured value of the part lost or damaged.

MYRABOLAMS.—Each 500 bags. Each £100 value if amounting to 5 per cent.

OLIVE OIL.—Each 10 casks or 5 tuns running landing numbers. OPIUM. Each package.

PALM OIL.-Each 3 tuns or 5 casks running landing numbers. PASSAGE MONEY.-Against all costs, charges, and liabilities, the master's penalties excepted, to which the owners or charterers of the ship may be subjected, under the 50th and 52nd sections of the 18th and 19th Victoria, Cap. 119, entituled The Passengers Act 1855; and under the 14th, 15th, and 16th sections of the 26th and 27th Victoria, Cap. 51, entituled The Passengers Act Amendment Act 1863, including the replenishing of the provisions and stores, required by the Act on putting into a port in the United Kingdom; also the maintenance of the passengers according

to the dietary of the Act while the vessel is detained after putting into a foreign port. But it is understood that the company's liability shall not exceed a total loss from any one casualty, and that they shall not be liable for the expense of replenishing the provisions and stores or maintenance as aforesaid, except the putting into port be caused by accident or damage to the ship and not by contrary winds alone. PEPPER.-Each 50 bags. PETROLEUM.-Not liable for leakage unless the vessel be stranded or in collision, or there be a forced discharge of cargo at any intermediate port of distress, and it amount to over 3 per cent on the whole.

PROFIT OR COMMISSION.-(a) Warranted free from all average, but to pay a total loss on such packages as do not reach their destination by any conveyance.

(b) Sugar.-Warranted free from all average, but to pay a total loss of commission on such part of the sugar as may not reach its destination; but no claim to be made in respect of wasted or empty bags unless caused by the stranding, sinking, or burning of the vessel.

REGISTERED POST.-Including all risks till delivered to the addressees.

Risk to commence from the time receipt for the package is given by the postal authorities to the assured, their bankers, or authorised agents, and to continue until delivered by the postal authorities to the addressees or their representative. RICE (From Calcutta and Rice Ports, etc.).—On each 50 bags, 100 bags, or 200 bags, according to arrangement. (Rangoon to W.C.S. America).-Each 2000 bags.

SILK. Each bale.

SKINS. Every 3 bales. Each bale, or each £100 value. SPECIE, Shipowner's Liability for Shipments of.-Against shipowner's liability in connection with carriage of specie herein named, no claim to attach for anything excepted in the Bill of Lading or recoverable by shippers and/or consignees under ordinary form of policy on specie without recourse against shipowners. It is understood and agreed that in case any claim is made against shipowners the same shall not be admitted by the assured until after consultation with and approval of underwriters.

SUGAR. Each 20 baskets or 50 bags. Each 25 baskets or 300 bags.

To pay the whole of any claim if amounting to $700 on the whole interest, or to pay average if amounting to 7 per cent on each 80 baskets or 240 bags.

Loss of Weight Clause (on cargoes of sugar).-Warranted by the assured free from claim for damages, but this insurance is to pay for actual loss in weight caused by perils insured

against if amounting in insured value to $500. In determining the loss in weight on the portion that has been in actual contact with sea water, 2 per cent is hereby fixed as the increased weight by absorption of moisture, and is to be deducted from the net weight delivered of the said seadamaged portion.

TEA-China.

To pay average on each 10 chests, 20 half chests, or 40 quarter chests, following landing numbers, but no claim to attach for wet or damp in respect of any package unless the tea therein shall have been in actual contact with sea water.

India. Including risk from tea gardens. Clause as above with the addition, or river water.

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TELEGRAPH CABLE.-Warranted free from all claim (general average excepted) unless the same be occasioned by the loss, burning, or stranding of the vessel, and to pay only on that portion of the interest which may remain on board at the time of the accident.

TIN PLATES.-Each 100 boxes. Each 50 boxes.

TOBACCO.-Average payable on each 10 hogsheads, 10 boxes, 50 bags, or 10 tierces.

(American). In case of particular average to pay the excess of 5 per cent on the value of each 10 hogsheads, following landing numbers.

WOOD GOODS.-In and over all. Including risk of craft and/or raft to and from the vessel. Each craft and/or raft and/or deck

load to be deemed a separate insurance. WOOL-(Mediterranean and Black Sea).—Each 5 bales.

(Cape). Each bale.

(River Plate).-Each 5 bales.

(East Indian).—Each 10 bales, running landing numbers. (W.C.S. America).-Each bale.

(Australia and New Zealand).—Each bale.

APPENDIX N

A Selection of Clauses in Occasional Use in Policies on Interest of all Kinds

AVERAGE ONLY.-Being only to cover the risks excepted in the clause "warranted free from particular average unless the ship or craft be stranded, sunk, or burnt, etc.," but no claim to attach hereto unless it amount to......per cent on the whole interest.

BONDED PRICES (adjustment).—In case of claim for particular average bonded prices are to be taken as the basis of settlement (especially in the case of tea, tobacco, coffee, wine, and spirits imported into this country). See Rules of Practice of Average Adjusters' Association.

CRAFT CLAUSE—In all policies on cargo.—Including risk of craft to and from the vessel.

Each craft or lighter to be deemed a separate insurance. GROUNDING (a) Suez Canal. -Grounding in the Suez Canal not to be deemed a strand, but underwriters to pay any loss or damage which may be proved to have directly resulted therefrom.

(b) River Plate.-Grounding in the River Plate (at or above La Plata) or its tributaries shall not be deemed a strand. (c) Manchester Ship Canal.-Grounding in the Manchester Ship Canal or its connections, or in the River Mersey above Rock Ferry Slip, if occurring on a voyage to or from a point on the Manchester Ship Canal, shall not be deemed to be a strand. (d) River Plate and Manchester Ship Canal.-Grounding in the River Plate (at or above La Plata) or its tributaries shall not be deemed a strand; nor shall grounding in the Manchester Ship Canal or its connections, nor in the River Mersey above Rock Ferry Slip, if occurring on a voyage to or from a point on the Manchester Ship Canal. (e) Suez Canal, River Plate, and Manchester Ship Canal.Grounding in the Suez Canal or River Plate (at or above La Plata) or its tributaries shall not be deemed a strand; nor shall grounding in the Manchester Ship Canal or its connections or in the River Mersey above Rock Ferry Slip, if occurring on a voyage to or from a point on the Manchester Ship Canal.

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