For our clients’ convenience we decided to create a section where all standard insurance clauses used in contracts are presented.
This section is permanently updated and amended through the efforts of our colleagues. In case you did not find the insurance clause you need, you may contact us, and our specialists will be glad to consult you and help in choosing the right wording.
The clauses named with the letters “A”, “B”, “C” are being used
— Fire, lighting, storm, whirlwind, other natural disasters, crash or collision of vehicles, aircrafts and other conveyances between each other or their collision with immovable or floating objects, grounding, bridge collapse, explosion, damage to vehicle by ice, wetting by outboard water;
— Vehicle or aircraft mysterious disappearing;
— Accidents during cargo loading, stowage and unloading and taking by the vehicle of the fuel;
— General average;
— All necessary and reasonable expenses for cargo saving, determination of the loss amount and its decrease, if the loss is to be compensated in accordance with the insurance conditions.
Munich Re Group