ADDITIONAL INSURANCES / PART II / Section A - Deviation and other exceptions to coverage in respect of Cargo (ad hoc) / Clause 6

WAIVER OR LIMITATION OF RIGHTS OF RECOURSE

This insurance is to indemnify the Assured in respect of liabilities, losses, costs and expenses as would be covered by the Association under Rule 19.17 Cargo¹ but where, in the opinion of the Association, the Assured has prejudiced or may have prejudiced such coverage by virtue of the operation of Rule 19.17.8.1 and the waiver or limitation by the Assured of rights of recourse under a contract of carriage by sea that would otherwise have been available under the contact of carriage in accordance with the Hague or Hague Visby Rules and/or mandatorily applicable law.

¹ For the purposes of this Clause, where the Assured is insured under the Association’s Charterers’ Liability Insurance the reference to Rule 19.17 shall include reference to Charterers’ Liability Insurance Clause 17 Cargo; and the reference to Rule 19.17.8.1 shall include reference to Clause 17.8.1.