This is to confirm that the above named Assured is presently insured by the above named Association under the above mentioned Policy of Insurance in accordance with the standard Insurance Clauses of the Association for the Cover stated below (a copy of which is available on request) and the terms and conditions of the Assured’s insurance against the following principal risks:
Clause | Reference | Limit (Each Accident) | Combined Annual Aggregate |
T1 | Cargo Liabilities | USD 2,500,000 | |
T2 | Errors and Omissions Liabilities | USD 250,000 | USD 250,000 |
T3 | Third Party Liabilities | USD 1,000,000 | |
T3 | Third Party Liabilities (Carrying Equipment Only) | USD 5,000,000 | |
T4 | Fines and Duty | USD 250,000 | USD 250,000 |
T11 | Carrying Equipment | USD 1,000,000 |
Clause T1 | USD 1,500 |
Clause T2 | USD 1,500 |
Clause T3 | USD 1,500 |
Clause T4 | USD 1,500 |
Clause A11 | USD 1,000 |
If Clause A11 (Carrying Equipment) is stated above as applying, insurance includes War Risks and Strikes, Riots and Terrorist Risks in accordance with the provision of that Clause.