Thursday, August 15, 2024

BILL OF LADING CAUSE

 

BILL OF LADING CAUSE

 

The Insured is not to be prejudiced by the presence of the negligence clause and/or latent defect clause in the Bills of Lading and/or Charter Party. The Seaworthiness of the vessel as between the Insured and the Insurer(a) is hereby admitted and the wrongful act or misconduct of the ship owner or his servant  causing a loss is not to defeat the recovery by an innocent Insured, if the loss. In the absence of such wrongful act or misconduct. Would have been a loss recoverable hereunder. Leave is granted to sail with or without pilots and to low and assist vessels or craft in all situations and to be towed.

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