Digit Marine Cargo Policy
Policy Schedule
UIN: IRDAN158RP0005V01202021
Go Digit General Insurance Ltd
Validate your Policy Copy
Assured Details Policy Details
AMBESTEN
ROBOTICS AND
Assured Name Policy Number D145165401 Receipt Number RA160385242
AUTOMATION
INDIA PVT LTD
J PLOT NO-55,SEC-
Address of
59, BALLABGARH Invoice Number IA131931328 Policy Issue Date 24-Apr-2024
Assured
Faridabad 121004
GST State Code 6 Policy Period (Not From 24-04-2024 21:54:52
Applicable for
Specific
Voyage Policy & Till termination of transit as per duration
City / Location Faridabad To
Project Cargo clause
Policy)
Partner Code and 1150202
Contact No +919190909090
Name Digit Direct
ddharmenderpush Partner Contact 9999999999
Email ID
[email protected] and Email ID
[email protected] Nature of
GSTIN/UIN 06AAZCA4460C1 Business / Machinery & Machine Tools & Spares and Parts Duly
Number ZL Occupation/ Packed/Lashed
Activity
Financial Interest
Coverage Details
Sr. No. Description Details
1. Type of Cover Opted Specific Voyage Policy
2. Interest i.e. Details of Cargo Subject Matter, Merchandise FIXTURE PARTS AS
Cargo Details
Cargo Insured PER INVOICE
Invoice / PO Number: 1
Invoice Date: 2024-04-24
BL/AWB/LR/RR No. &
3917 6630 4368
Date:
LC No:
Vessel/Airline Details:
Any Other Details:
Originating Country: India
Port/Transit Form: BALLABGARH
3. Voyage
Destination Country: India
Port/Transit To: PUNE
4. Basis of Valuation Invoice Value + 10 %
5. Mode of Transport/ Conveyances Inland (Road)
Detailed Packing Details
Please Note: All goods must be suitably packed and/or
6. STANDARD AND CUSTOMARY
protected as befits the type of goods and the transit to be
undertaken or Standard & Customary as per Trade Practices.
7. Annual Turnover for Expiring Year: Not Applicable
Invoice Value: INR 2553408.00
Rate of Exchange: 1.00
Duty Sum Insured (INR)
8. Expected Turnover for Current Year / Project Period: Cargo Sum Insured
(INR)
2808748.8
9. Per Shipment Limits: Not Applicable
10. Limit Per Location: Not Applicable
1 % of the Whole Consignment Value subject to
a Minimum of INR.10000 for Each and Every
11. Deductible / Excess
Claim
Details in respect of Stock Throughput Policy:
Coverage Opted:
Number of Days/Months for which Cover is Provided:
12. Not Applicable
Estimate of maximum value of cargo at risk at any one time
and in any one location:
Deductible / Excess:
13. Rates As Agreed
Consolidated Stamp Duty has been paid as per
Letter of Authorization No.67-B/04/2017-18
14. Stamp Duty Date: 30th May 2017 issued by Department of
Stamps and Registration , Bengaluru- 560009 -
KARNATAKA.
Detailed Address of the Storage Locations for Stock Throughput Policy
Sr.No Address of the Locations Covered
Not Applicable
Detailed of Project Cargo
Detailed Address of the Project Site(s)
Not Applicable
Details of Critical Items
Details of Critical Over Dimensional Cargo Make /
Sr. No. Item(s)
Age (in years)
(Yes/No) Mode/Specification
Value
Not Applicable
Insuring Terms and Conditions
Physical loss or damage to the goods insured subject to following terms and conditions:
For Sending by Sea &/or Air &/or Road &/or Rail Conveyances &/or Post/Parcel As Applicable:
1 Institute Cyber Attack Exclusion Clause CI.380 10.11.0
Institute Radioactive Contamination, Chemical, Biological, Bio-Chemical And Electromagnetic Weapons Exclusion Clause CI370,
2
10.11.03
3 Termination of Transit Clause (Terrorism) JC2001/056 20.11.2001
4 Sanction Limitation and Exclusion Clause
5 Inland Transit (Rail or Road) – Clause-A (All Risks)
6 Strikes Riots and Civil Commotion Clause
7 Institute Replacement Clause
8 Special Contract or Private Carriers Warranty
9 Limitation of Liability Clause-Inland Transit
10 Pairs and Sets Clause
11 Loading And Unloading Clause
12 Important Notice To Assured
13 Cancellation Clause
14 Cargo Termination of Storage in Transit Clause - Amended
15 Communicable Disease Exclusion as per LMA5394 amended version
16 Institute Strike Cancellation Clause
17 Marine Cyber Endorsement LMA 5403
Warranties, Exclusions & Other Clauses
Warranties
Warranted that, wherever the Sum Insured is in Foreign Currency, Claims will be settled based on the currency rate applicable
1
on the date when policy was issued.
Warranted that unless containerized, goods are transported in vehicle/ or trucks covered with tarpaulin and/or adequately
2
covered with waterproof material to avoid ingress of water. (not applicable to tanker movements)
Warranted that if the weight of the cargo exceeds than Registration Laden weight/ Licensed Carrying Capacity of the vehicle, as
3 mentioned in the Registration Certificate of the vehicle, then any loss or damage arising out of such transit is not covered under
the above mentioned policy.
Warranted that Non-standard Claims will be settled at 75% of the Assessed Loss amount wherein recovery rights are
4
Prejudiced.
5 Warranted Brand New Goods and in Original Manufacturer's Packing.
Warranted that Second Hand Cargo/ Sales Return Goods / Cargo Sent for Repair shall be covered as per ICC-B + War + SRCC
6
/ ITC-B + SRCC Perils
Warranted that all tail end risk, CIF import, where the risk is originating from any Indian port is covered as per ITC B + SRCC
7
Perils
8 Warranted coverage under the policy will not exceed liability of Insured as per invoice INCOTERMS.
Warranted that NIL Claims Experience for the last three years. Failure to meet this requirement will make contract void, claim if
9
any will not be payable
Warranted that the subject matter insured is properly lashed and secured in the carrying conveyance/container and that
10
carrying conveyance to be fit, clean and suitable for the intended cargo and the intended journey
11 Warranted coverage under the policy ceases to attach where policy is issued post commencement of transit
Exclusions
1 Warranted any shipments to/through/from Red sea stands excluded under the scope of cover.
2 Excluding Mechanical, Electronic and Electrical Derangement unless caused by ICC-B/ITC-B perils as applicable.
Excluding Losses or damage caused due to Rusting, Oxidation and Discoloration unless caused by perils covered under ICC B /
3
ITC B as applicable.
Excluding Denting, Bending, Bruising, Scratching, Chipping, Damage to Paint and Polish work, Cuts, scratches, scuffs and Marks
4
unless caused by perils covered under ICC B / ITC B as applicable.
5 Excluding coverage of any kind of Intentional storage/storage where cargo is in control of the insured.
6 Exclusion of loss or damage to Fragile items/Glass items
7 Excluding Unexplained shortages / shortages from containers with Seals intact/sound packaging's
8 Excluding Political Risk, Financial Guarantee, Credit Risk, Trade Losses, Rejection and Quality losses
9 Excluding Bulk cargo, Tanker Movements and Over Dimensional Cargo.
Other Clauses
1.
Definitions
Definition of ODC (Over Dimensional Cargo): Any Item which including packing has dimensions in excess of 12 M length and/or 2.5 M wide and/or
1. 2.5 M high [or US equivalent] and therefore does not fit inside a standard 40 feet container or equivalent road trailer.
Definition of Bulk Cargo: Bulk cargo is shipped loosely and unpackaged as opposed to being shipped in packages or containers. Bulk cargo is
2. classified as either free flowing, a liquid, or a dry item. This type of cargo is typically dropped or poured as a liquid or solid into a merchant ship,
railway car, or tanker truck example: Items such as oil, grain, or coal are all examples of bulk cargo.
Special Provisions
Surveyor Details
Area America Europe, Africa & Middle East For East Including Indian Sub continent
EMAIL: [email protected] [email protected] [email protected]
PH. NOS : (+1) 212 269 8220 +44 (0) 20 - 8300 7744 (+65) 6222 6022
AFTER HOURS : (+1) 917 837 2831 +44 (0) 20 - 8300 7744 (+65) 9732 1958
FAX NOS : (+1) 212 363 9726 +44 (0) 20 - 8309 1266 (+65) 6225 0428
W. K. Webster (Overseas)
ADDRESS : W. K. Webster & Co. Ltd., W. K. Webster International) Pte. Ltd.,
Ltd.,
Webster House, 207 5 Tampines Central 1, #03-02 Tampines
80, Maiden Lane, New York,
Longlands Road Plaza
NY10038, USA Sidcup / Kent, DA15 7BS, U.K. Singapore 529541
In the event of loss or damage under this Policy, immediate notice of loss or damage should be given at our 24-Hour Call Centre
No. 1800 258 5956 or email us at '[email protected]'.
Other Clauses
Inspection of Records Clause:
The Company or a person appointed by the Company may examine the books and records of the Assured as far as they relate
to the subject matter of this insurance at any time while this insurance is in force and for twelve months after termination.
Cancellation Clause:
This contract may be cancelled by either the Company or the Assured giving 30 days notice in writing to take effect from the
midnight of the date of notice but risks covered by Institute War Clauses may be cancelled at seven days notice and risks
covered by the Institute Strikes Clauses/Strikes, Commotion Clause-Inland Transit may be cancelled at seven days notice, or at
forty-eight hours notice in respect of shipments to or from the United States of America. Notice shall commence from midnight
of the day when it is received but cancellation shall not apply to any risks which have attached in accordance with the cover
granted hereunder before the cancellation becomes effective.
The Company may terminate the contract on grounds of misrepresentation, fraud, non-disclosure or non-cooperation by the
Assured by giving notice as mentioned in the above paragraph and there would be no refund of premium.
Institute Revision Clause:
The Institute Clauses referred to herein are those current at the inception of this contract, but should such clauses be revised
during the period of this contract, and provided that the Company shall have given at least 30 days’ notice thereof, then the
revised Institute Clauses shall apply to risks attaching subsequent to the date of expiry of the said notice.
Premium and Payment Details
Total Net Premium (INR) ` 3,580.55
CGST rate and Amount (INR) % 0.00
SGST/UTGST rate and Amount (INR) -- 0.00
IGST rate and Amount (INR) 18 % 644.00
Final Premium ` 4,224.55
Endorsement Details:
Gross
Invoice Number Invoice Date Net Premium Igst Cgst Sgst Utgst Cess
Premium
IA131931328 2024-04-24 3580.55 644.00 0.00 0.00 0.00 0.00 4224.55
Important Notice
1. *Cheque dishonor / Non-receipt of payment: If premium paid through Cheque, the policy is void ab-initio in case of dishonor
of Cheque or non-receipt of payment.
2. This Certificate is subject to the standard policy wordings, warranties, exclusions and conditions as per Digit Marine Cargo
Policy Schedule & Wording.
3. The Coverage has been provided basis information provided by you/proposer to us and the policy is not valid, if any of the
information provided is incorrect.
4. The Policy Wording attached herewith includes all the Standard Coverage offered by Go Digit General Insurance Ltd. to its
Customers. For any clarification please call our Call Center Number 1800 258 5956.
Consolidated Stamp Duty has
For & On Behalf of Go Digit General Insurance been paid as per Letter of
Ltd. Authorization No.67-B/04/2017-
18 Date: 30th May 2017 issued
by Department of Stamps and
Registration , Bengaluru- 560009
- KARNATAKA.
Praveen Bhat
Senior Vice President – Customer Experience
[email protected]
Authorized Signatory
Printed, Signed, and Executed at Bengaluru Validate your Policy Copy
Wish to go through your detailed policy, Click here
In case of any claim, please contact our 24-Hour Call Centre at 1800 258 5956 or email us at
[email protected]
Go Digit General Insurance Ltd, GST Reg No 07AACCO4128Q1Z2, PAN No:- AACCO4128Q, HSN:
997135/General Insurance Services, GSTIN Address : NEHRU PLACE BUSINESS CENTRE,5th Floor, B Wing,
IFCI Tower, 61, Nehru Place,New Delhi,Delhi,PIN-110019. Website : www.godigit.com.
Corporate office Address : Atlantis, 95, 4thB Cross Road, Koramangala Industrial Layout, 5thBlock,
Bengaluru, Karnataka, PIN - 560095, IRDAI Reg No. 158, CIN - U66010PN2016PLC167410
Important Notice To Assured
Procedure in the event of loss or damage for which underwriters may be liable.
Liability of carriers, bailees or other third parties
It is the duty of he assured and their agents, in all cases, to take such measures as may be reasonable for the purpose of
averting or minimizing a loss and to ensure that all rights against carriers, bailees or other third parties are properly preserved
and exercised. in particular, the assured or their agents are required: -
1. To claim immediately on the carriers, Port Authorities or other Bailees for any missing packages.
2. In no circumstances, except under written protest, to give clean receipts where goods are in doubtful condition.
3. When delivery is made by Container, to ensure that the Container and its seals are examined immediately by their
responsible official. If the Container is delivered damaged or with seals broken or missing or with seals other than those as
stated in the shipping documents, to clause the delivery receipt accordingly and retain all defective or irregular seals for
subsequent identification.
4. To apply immediately for survey by Carriers' or other Bailees' Representatives if any loss or damage be apparent and claim
on the Carriers or other bailees for any actual loss or damage found at such survey.
5. To give notice in writing to the Carriers or other Bailees within three (3) days of Delivery if the loss or damage was not
apparent at the time of taking delivery. NOTE: The Consignees or their Agents are recommended to make themselves familiar
with the Regulations of the Port Authorities at the port of discharge.
6. Any Claim under this Insurance should be submitted without delay, accompanied by all correspondence with Carriers' and
other parties regarding their liability
Survey and Settlement
In the event of or damage which may involve a claim under this insurance, immediate notice of such loss or damage should be
given to Company's agent/Representatives at the port of discharge in the order that they may examine the goods and issue a
Survey Report. If there be no Agent or Representative of the company at port or place of destination, the notice must be given
to nearest Lloyd's Agent.
Documentation of Claims
To enable claims to be dealt with promptly, the Assured or their Agents are advised to submit all available
supporting documents without delay, including, when, applicable:
1. Original policy or certificate of insurance.
2. Original or copy of the shipping invoices, together with shipping specifications and/or Weightment Notes.
3. Original Bill of Lading and/or other contract of carriage.
4. Survey report and other documentary evidence to show the extent of the loss or damage.
5. Landing Remarks and Weightment Notes at final destination.
6. Correspondence exchanged with the Carriers and other parties regarding their liability for the loss or damage.
