INSTITUTE TIME CLAUSES HULL PERILS COVERED COMPARISONS

1. ITC Hulls 1/10/83 ITC Hulls 1/11/95
1Perils of the seas, rivers, lakes or other navigable Insured Insured
2Fire, explosion Insured Insured
3Violent theft by persons from outside the vessel Insured Insured
4Jettison Insured Insured
5Piracy Insured Insured
6Breakdown of or accident to nuclear installations or reactors Insured Uninsured
7Contact with aircraft or similar objects, or objects falling therefrom Insured Insured
8Contact with helicopter or similar objects, or objects falling therefrom Uninsured
Insured (subject to the want of
due diligence proviso)
9Contact with land conveyance, dock, harbour equipment or installation Insured Insured
10Earthquake, volcanic eruption, lightning Insured Insured
11Accidents in loading, discharging or shifting cargo or fuel
Insured (subject to the want of due
diligence proviso)
Insured
12Bursting of boilers, breakage, of shafts or any latent defect in the machinery or hull
Insured (subject to the want of due
diligence proviso)
Insured (subject to the want of
due diligence proviso)
13Negligence of Masters, Officers, Crew or Pilots
Insured (subject to the want of due
diligence proviso)
Insured (subject to the want of
due diligence proviso)
14
Negligence or repairers or charterers (provided such repairers or charterers are not Assured under the
Policy)
Insured (subject to the want of due
diligence proviso)
Insured (subject to the want of
due diligence proviso)
15Barratry of Master, Officer or Crew
Insured (subject to the want of due
diligence proviso)
Insured (subject to the want of
due diligence proviso)
Perils
Category of The Perils
No
INSTITUTE TIME CLAUSES HULL COMPARISON