i-law

Marine Cargo Insurance

12

DURATION OF THE INSURANCE 2: TERMINATION OF CARRIAGE AND CHANGE OF VOYAGE

12.1 This chapter analyses the position under the Institute Cargo Clauses where the contract of carriage is terminated1 or there is a change of voyage.2 The insurance is only extended under these provisions, as contrasted with delay beyond the control of the assured and the other matters dealt with in Clause 8.3,3 if prompt notice is given to insurers. Under Clause 9, Termination of Contract of Carriage, prompt notice to insurers enables an additional premium to be agreed if required: under Clause 10.1, Change of Voyage, notice allows both rates and terms to be agreed if available on market terms. Both Clauses contain held covered or analogous provisions, the general principles of which are considered before the two Clauses are analysed in more detail.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.