AVN 52C 1.10.96 EXTENDED
COVERAGE ENDORSEMENT (AVIATION LIABILITIES)
1. WHEREAS the Policy of which this Endorsement forms part
includes the War, Hi-Jacking and Other Perils Exclusion Clause (Clause AVN
48B), IN CONSIDERATION of an Additional Premium of
.............................................., it is hereby understood and
agreed that with effect from ............................ , all sub-paragraphs
other than .................... ....................... of Clause AVN 48B
forming part of this Policy are deleted SUBJECT TO all terms and conditions of
this Endorsement.
2. EXCLUSION applicable only to any cover extended in respect of
the deletion of sub-paragraph (a) of Clause AVN 48B.
Cover shall not include liability for damage to any form of
property on the ground situated outside
3. AUTOMATIC TERMINATION
To the extent provided below, cover extended by this
Endorsement shall TERMINATE AUTOMATICALLY in the following circumstances:
(i) All cover
- upon the outbreak of war (whether there be a declaration
of war or not) between any two or more of the following States, namely, France,
the People’s Republic of China, the Russian Federation, the United Kingdom, the
United States of America
(ii) Any cover extended in
respect of the deletion of sub-paragraph (a) of Clause AVN 48B
- upon the hostile detonation of any weapon of war
employing atomic or nuclear fission and/or fusion or other like reaction or
radioactive force or matter wheresoever or whensoever such detonation may occur
and whether or not the Insured Aircraft may be involved
(iii) All cover in respect of
any of the Insured Aircraft requisitioned for either title or use
- upon such requisition
PROVIDED THAT if an Insured Aircraft is in the air when
(i), (ii) or (iii) occurs, then the cover provided by this Endorsement (unless
otherwise cancelled, terminated or suspended) shall continue in respect of such
an Aircraft until completion of its first landing thereafter and any passengers
have disembarked.
4. REVIEW AND CANCELLATION
(a) Review of Premium and/or
Geographical Limits (7 days)
Insurers may give notice to review premium and/or
geographical limits - such notice to become effective on the expiry of seven
days from 23.59 hours GMT on the day on which notice is given.
(b) Limited Cancellation (48
hours)
Following a hostile detonation as specified in 3 (ii)
above, Insurers may give notice of cancellation of one or more parts of the
cover provided by paragraph 1 of this Endorsement by reference to
sub-paragraphs (c), (d), (e), (f) and/ or (g) of Clause AVN 48B - such notice
to become effective on the expiry of forty-eight hours from 23.59 hours GMT on
the day on which notice is given.
(c) Cancellation
(7 days)
The cover provided by this Endorsement
may be cancelled by either Insurers or the Insured giving notice to become
effective on the expiry of seven days from 23.59 hours GMT on the day on which
such notice is given.
(d) Notices
All notices referred to herein shall be in
writing.
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