BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED
(A Company incorporated under Indian Companies Act, 1956 and licensed by Insurance Regulatory and Development Authority of India [IRDAI] vide Regd. No.113) :
Regd. Office: GE Plaza, Airport Road, Yerwada, Pune – 411006 (India)
Marine Insurance Certificate UIN.IRDAN113RP0024V01200102
(Transit Insurance Certificate)
Policy Servicing Office Bajaj Allianz General Insurance Co. Ltd., 952/954 AppasahebMaratheMarg, Near Chaitanya Tower, Prabhadevi, Mumbai - 400025
Insured Name DgNote A/C SHRI BAJRANG FERRO ALLOYS CO Policy No. OG-25-1901-1005-00000139
Certificate No. 01297
INSURED DETAILS POLICY DETAILS
Insured Address OFFICE NO. 10, OPPOSITE BANK OF BARODA, MAIN CHOWK, Certificate Issued on 04-Jan-2025
KANJHAWALA, 110081 Period of Insurance From: 04-Jan-2025
Delhi Policy Status Issued
TRANSIT DETAILS
Mode of Transit Sea Transit Type Export
From Country India To Country Ecuador
Coverage From Seller's Warehouse: VISAKHAPATNAM Coverage Ends at Discharge Port: GUAYAQUIL PORT, ECUADOR
Sellers/consignors details SHRI BAJRANG FERRO ALLOYS CO Buyers/consignees details FIBRACOM S.A
Vessel Name Vessel Flag
BL No BL Date
Vessel Built Year/Ref No Coverage ALL_RISK+WSRCC
Cargo Description Packing Additional Packing Details Invoice No Invoice Date Terms Of Sale
(Mark No. Or Container No.)
High Carbon Ferro Manganese Box Container SB/INV/24-25/055 02-Jan-2025 CIF
SUM INSURED
Invoice Amount (in Invoice Rate Of Exchange Basis Of Valuation Additional Costs Insured (in INR) Sum Insured (in INR)
Currency) Freight (at actuals) Insurance (at actuals) Duty (at actuals)
USD 28,450.00 85.72 TOS + 10 % extra 0.00 0.00 0.00 INR 2,682,607.40
Excess If Any The first .5% of whole consignment value each and every loss
Special Condition Warranted No Known or Reported Losses as of 04-Jan-2025 15:57
Special Condition Warranted the shipment has not yet started as on 04-Jan-2025 15:57
PREMIUM DETAILS
Net Premium As Agreed
Premium In Words As Agreed
Co-Insurance Details Own Share: 100%
SCOPE OF COVER (As per Clauses, Terms & Conditions, Warranties & Exceptions as per Policy No. OG-25-1901-1005-00000139 including but not limited to)
Clause Category Clause Description
Cover Clause Institute Cargo Clauses (A) 01.01.2009 Clause No. ILU CL382
Cover Clause Institute War Clauses (Cargo) 01.01.2009 Clause No. ILU CL385
Cover Clause Institute Strikes Clauses (Cargo) 01.01.2009 Clause No. ILU CL386
Cover Clause Institute Classification Clause 01.01.2001 Clause No. ILU CL354-2001
Cover Clause Cargo ISM Endorsement 01.05.1998 Clause No. JC98/019
Cover Clause Sanction Limitation and Exclusion Clause 11.08.2010 Clause No. JC2010/014
Cover Clause Private Carriers Warranty/ Limitation of Liability Clause
Cover Clause Important Notice Clause
Arbitration Clause The parties to the contract may mutually agree and enter into a separate Arbitration Agreement to settle any and all disputes in relation to this policy. Arbitration
shall be conducted under and in accordance with the provisions of the Arbitration and Conciliation Act, 1996.
Specific Condition Coverage as per Terms of Sale
Specific Condition Non preferred Countries Exclusion: Excluding Cargo inland transit from or to African/CIS countries (beyond Ports of these countries), i.e. coverage in no case
beyond the source warehouse to destination port in case of Exports & from load port to destination warehouse in case of Imports. Excluding Cargo inland transit
from or to Nepal, Bangladesh, Bhutan and Pakistan (beyond Indian Border), i.e. coverage in no case beyond the source warehouse to Indian border with the
respective country in case of Exports & from Indian border with the respective country to destination warehouse in case of Imports
Specific Condition Coverage as per Transit Duration Clause
Standard Conditions and Warranties INSTITUTE RADIOACTIVE CONTAMINATION, CHEMICAL, BIOLOGICAL, BIO-CHEMICAL AND ELECTROMAGNETIC WEAPONS EXCLUSION CLAUSE -
10/11/03
Standard Conditions and Warranties Russia, Ukraine and Belarus Exclusion Excluded from coverage are all losses, liabilities, costs or expenses, or any other amount arising out of, originating from,
resulting from, caused by and/or contributed by, regardless of any other cause or event contributing concurrently or in any sequence thereto, or otherwise in
connection with the current Russia-Ukraine armed hostilities/conflict which commenced on the 24th February 2022 including any expansion of such conflict. This
also includes confiscation, expropriation, nationalization, deprivation or restraining in movement of vessels and cargo in the territory of the aforementioned countries.
Standard Conditions and Warranties Termination of Transit Clause (Terrorism) 2009 (JC2009/056)
Standard Conditions and Warranties Cancellation Clause
For help and more information:
Contact our 24 Hour Call Centre at 1800-209-5858, 1800-102-5858
Email: [email protected] , Website www.bajajallianz.com Corporate Identification Number: U66010PN2000PLC015329
Demystify Insurance http://support.bajajallianz.com ; https://www.facebook.com/BajajAllianz ; https://twitter.com/BajajAllianz ; http://bit.do/bjazgi
BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED
(A Company incorporated under Indian Companies Act, 1956 and licensed by Insurance Regulatory and Development Authority of India [IRDAI] vide Regd. No.113) :
Regd. Office: GE Plaza, Airport Road, Yerwada, Pune – 411006 (India)
Marine Insurance Certificate UIN.IRDAN113RP0024V01200102
(Transit Insurance Certificate)
Standard Conditions and Warranties NO cover for War, Strikes, Riots and Civil Commotion Risks, for all transits to, from and within Ukraine, Ukraine territorial waters, Russian Black Sea territorial
waters, Sea of Azov, Russian Black Sea ports, Sea of Azov ports and Russian territories within 200kms of the Ukrainian border
Standard Conditions and Warranties Tail-End Transit Risk (CIF/CIP or similar import):Where risk originating from any Indian port/ airport the coverage will be as per Inland Transit (Rail/Road) Clause-B
including the risk of SRCC only.
Standard Conditions and Warranties Bulk cargo: Excluding any kind of bulk cargo
Standard Conditions and Warranties Five Powers War Exclusion (amended to include triggering of NATO Agreement) This reinsurance excludes loss damage liability or expense arising from the
outbreak of war (whether there be a declaration of war or not) between any of the following countries: United Kingdom, United States of America, France, Russian
Federation and the Peoples Republic of China. For the avoidance of doubt this exclusion is deemed to encompass the invocation of Collective Defence of NATO as
detailed in Article 5 of the The North Atlantic Treaty.
Standard Conditions and Warranties PARAMOUNT WAR AND STRIKES CANCELLATION CLAUSE Notwithstanding anything to the contrary stated herein or subsequently added hereto, it is
understood and agreed that if this contract provides that losses arising from war and strikes, riot and civil commotions risks are covered hereunder, then the cover
afforded by this contract in respect of such war and strikes, riot and civil commotions risks shall be subject to terms and conditions no wider than the relevant
London Institute War Clauses current at the inception of the original risk written, or current ay the later of either the inception date of the most recent anniversary
date of this contract. The cover for losses arising from war and strike, riot and civil commotions risk under this contract is at all times subject to seven days¿ notice
of cancellation by either party Such period of notice to commence not later than seven days from the date of notice given by the reinsurers.
Standard Conditions and Warranties Institute Cyber Attack Exclusion clause CL 380 10/11/03
Standard Conditions and Warranties It is a condition paramount, wherever applicable, statutory levies and taxes in form of GST, notional duty etc. should be added to the corresponding sum insured of
the cargo to avail indemnification of this component in the event of any claim
Standard Conditions and Warranties COMMUNICABLE DISEASE EXCLUSION (Cargo) JC2020 – 011 Cargo
Standard Conditions and Warranties Cutting Clause
Standard Conditions and Warranties Excluding shortages from sound packages/sealed containers
Standard Conditions and Warranties Warranted cargo is containerized (closed body container)
Standard Conditions and Warranties Warranted cargo is carried in closed wagon/vehicle adequately covered with serviceable tarpaulin
Standard Conditions and Warranties Warranted cargo is new
Standard Conditions and Warranties Excluding denting, chipping, scratching unless caused by the perils insured under ICC (B)/ ITC (B)/Air Shipment on Basic Terms Endorsement
Standard Conditions and Warranties Excluding rusting, oxidation and discoloration unless caused by the perils insured under ICC (B)/ ITC (B)/Air Shipment on Basic Terms Endorsement
Additional Information (In so far as it does not
exceed the information declared and terms and
conditions mentioned on this policy)
Survey/Claim Settling Agent Felvenza S.a.,,as agents of W K Webster - New York Av. Francisco de Orellana, ,Edif. World Trade Center, ,Torre B, Piso 12, Of.
1205-1206,GUAYAQUIL,090506,Ecuador+593 4 263 0480+593 999427922, +593 986455566, +593 997560361, +593 [email protected];
[email protected]; [email protected]; [email protected]
Claim, if any payable at/by: GUAYAQUIL, Ecuador
Premium collection details Premium, GST, Stamp Duty collected under Policy No. OG-25-1901-1005-00000139
Agency Code & Name 10040369, Manish Umesh Rele
For & on the behalf
Bajaj Allianz General Insurance Company Ltd.
Authorized Signatory This document is digitally signed, hence counter signature / stamp is not required.
Schedule (1) | Printed on : 04-Jan-2025 15:57|null|Web|
Consolidated stamp Duty paid towards Insurance Policy Stamp vide Order No: ADJ/CS/42/07/7383/07 Dated 18th April 2007 of General Stamp Office, Mumbai.
For help and more information:
Contact our 24 Hour Call Centre at 1800-209-5858, 1800-102-5858
Email: [email protected] , Website www.bajajallianz.com Corporate Identification Number: U66010PN2000PLC015329
Demystify Insurance http://support.bajajallianz.com ; https://www.facebook.com/BajajAllianz ; https://twitter.com/BajajAllianz ; http://bit.do/bjazgi
