Thursday 8 June 2017

PACKING CLAUSE (CARGO – NON STANDARD CLAUSES)

In the event of a claim being made for loss or damage which is alleged to be caused by insufficiency or unsuitability of packing or preparation of the subject-matter insured, Underwriters hereby agree that they will not use such alleged insufficiency or unsuitability as a defence against the claim in any case where the packing or preparation was carried out by a party other than the Named Assured and the insufficiency or unsuitability arose entirely without the Name Assured’s privity or knowledge. For the purpose of this clause ‘packing’ shall be deemed to include stowage in a container &/or other similar inter-modal methods of unit load.

The Assured agrees to assist Underwriters in all respects to pursue rights of recovery against sellers &/or other responsible third parties.

The above agreement is not to interfere with the Underwriters’ rights of subrogation against packers &/or their Underwriters.

Notwithstanding the above, it is further agreed that where packing or preparation is undertaken by the Assured, Underwriters accept such packing or preparation as sufficient or suitable to protect the interest insured against loss or damage and further agreed to waive rights of subrogation against the Insured, provided such packing is customary for the trade or subject-matter insured or in accordance with established packing practices of the Insured.

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PACKING CLAUSE (CARGO – NON STANDARD CLAUSES)
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