Commencemint and Termination of Cover Sample Clauses

Commencemint and Termination of Cover. 1.Warehouse to Warehouse Clause; This insurance attaches from the time the goods hereby insured leave the warehouse or place of storage named in the Policy for the commencement of the transit and continues in force in the ordinary course of transit including sea,land and inland waterway transits and transit in lighter until the insured goods are delivered to the consignee ’s final warchouse or place of storage at the destination named in the Policy or to any other place used by the Insured for allocation or distribution of the goods or for storage other than in the ordinary course of transit.2.If owing to delay,deviation forced discharge,reshipment or transshipment beyond the control of the Insuerd or any change or termination of the voyage arising from the exercise of a liberty granted to the shipowners under the contract of affreightment,the insured goods arrive at a port or place othe than that named in the Policy, subject to immediate nomain in force and shall terminate as hereunder: 1)If the insured goods are sold at port or place not named in the Policy,this insurance shall terminate on delivery of the goods sold ,but in no event shall this insurance extend beyond sixty(60)days after completion of discharge of the insured goods from the carrying vessel at such port or place. 2)If the insured goods are to be forwarded to the final destination named in the Policy or any other destination, this insurance shall terminate in accordance with Section 1 above.
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Related to Commencemint and Termination of Cover

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