;1/10/83 - CL. 284;; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ;INSTITUTE TIME CLAUSES;-HULLS TOTAL LOSS, GENERAL AVERAGE AND;3/4THS COLLISION LIABILITY(Including Salvage, Salvage Charges and Sue;and;Labour);1;;;;;;;;;;;;NAVIGATION1.1 ;;;;;;;;;The;Vessel;is;covered;subject;to;the;provisions;of this;insurance;at;all;times;and;has;leave;to;sail;or;navigate;with;or;without pilots,;to;go;on;trial;trips;and;to;assist;and;tow vessels;or;craft;in;distress,;but;it;is;warranted;that the Vessel;shall;not;be;towed,;except;as;is;customary;or;to;the;first;safe;port;or;place;when;in;need;of;assistance,;or;undertake;towage;or;salvage services ;under ;a ;contract ;previously ;arranged ;by ;the;Assured ;and/or ;Owners ;and/or ;Managers;and/or ;Charterers.;;;This;Clause;1.1 shall not;exclude customary towage;in;connection;with;loading;and;discharging.1.2 ;;;;;;;;;In;the;event;of the;Vessel;being;employed;in;trading;operations;which;entail;cargo;loading;or;discharging;at;sea;from;or into another vessel;(not being a harbour or;inshore;craft);no;claimshall;be;recoverable;under;this;insurance;for;loss;of or;damage to the;Vessel;from;such;loading;or;discharging;operations,;including whilst;approaching,;lying;alongside;and ;leaving, ;unless ;previous ;notice ;that ;the ;Vessel ;is;;to;;be;;employed;;in;;such;;operations;;has;;been;;given;;to;;the;Underwriters and;any amended terms of cover and;any;additional;premium;required;by them;have;been;agreed.1.3 ;;;;;;;;;In the event of;the Vessel sailing (with or without cargo) with an intention of;being (a);broken up, or;(b) sold for breaking;up, any claim for ;loss of ;or damage to ;the Vessel ;occurring ;subsequent ;to ;such;;sailing;shall be;limited to ;the ;market;value of ;the Vessel ;as ;;scrap at the time when the loss or;damage;is;sustained,;unless;previous;notice;;has;;been;;given;to;the;Underwriters;and;any;amendments;to;the;terms;of;cover,;insured;value;and;premium;required;by;them;have;been;agreed. Nothing in this;Clause;1.3;shall affect claims under;Clause 8;and/or;11.2;;;;;;;;;;;;CONTINUATIONShould ;the;Vessel ;at ;the ;expiration ;of ;this ;insurance ;be ;at ;sea ;or;;in;;distress;;or;;at;;a;;port;;of ;refuge ;or;;of ;call,;;she ;shall,;provided previous notice be given to;the Underwriters, beheld covered at a pro-rata monthly premium to her port of;destination.3;;;;;;;;;;;;BREACH;OF WARRANTYHeld;covered;in;case;of any breach;of warranty as to;cargo, trade,;locality,;towage,;salvage;services;or;date;of sailing,;provided;notice be;given;to;the;Underwriters;immediately;after;receipt;of advices;and;any;amended;terms;of cover;and;any;additional;premium required by them be agreed.4;;;;;;;;;;;;TERMINATIONThis;;Clause ;4;;shall ;prevail ;;notwithstanding ;any ;;provision ;whether;;written;;typed;;or ;;printed ;in;;this ;;insurance;inconsistent therewith.Unless the;Underwriters;agree to the;contrary in;writing,;this;insurance;shall terminate;automatically;at;thetime;of4.1 ;;;;;;;;;change ;;of;the ;Classification ;Society ;of;the ;Vessel, ;or ;change, ;suspension, ;discontinuance, ;withdrawal;or ;expiry ;;ofher class ;therein, provided ;that ;if ;the Vessel;is;at;sea;such;automatic termination;shall;be;deferred;until;arrival;at;her;next port.;However ;where;such ;;change, ;suspension, ;discontinuance ;or;withdrawal ;of;her ;;Class ;has ;resulted ;from;loss;or;damage which would be covered by an insurance;of;the;Vessel;;subject;;to;;current;;Institute;Time;Clauses;Hulls;or;Institute War;and;Strikes;Clauses;Hulls-Time;such;automatic;termination;shall;only;operate;should;the;Vessel;sail;from;her;next;port;without the prior approval of;the;Classification;Society.4.2 ;;;;;;;;;;any;change,;voluntary;or;otherwise,;in;the;ownership;or;flag,;transfer;to;new;management,;or;charter;on;a;bareboat;basis,;or;requisition ;for;title;or;use ;of;the;Vessel, ;provided;that,;if;the;Vessel;has;cargo ;on ;board ;and ;has;already;sailed;from;her loading;port;or;is;at;sea;in ballast,;such;automatic termination;shall;if required be;deferred,;whilst;the;Vessel;continues;her;planned;voyage,;until;arrival;at;final;port;of discharge;if with;cargo;or;at;port;of destination;if in;ballast.;;However,;in the;event;of requisition;for;title;or;use without the;prior;execution;of a;written;agreement;by the;Assured,;such;automatic;termination;shall;occur;fifteen;days;after;such;requisition;whether;the;Vessel;is;at;sea;or;in;port.A ;pro-rata ;daily ;net;;return ;of ;premium ;shall ;bemade.5;;;;;;;;;;;;;ASSIGNMENTNo;assignment;of or;interest;in;this;insurance;or;in;any;moneys which;maybe;or;become;payable;thereunder;is;to;be binding;on;or;recognised;by;the;Underwriters;unless;a;dated;notice;of such;assignment;or;interest;signed;by;the;Assured,;and;by;the;assignor;in;the;case;of subsequent;assignment,;is;endorsed;on;the;Policy;and;the;Policy;with;such;endorsement;is;produced;before payment;of any;claim or return of;premium thereunder. ;6;;;;;;;;;;;;PERILS6.1 ;;;;;;;This;insurance;covers;total;loss;(actual;or;constructive);of;the;subject-matter;;insured;caused;by6.1.1 ;;;;;;;;;;;;;;;;perils ;of;theseas rivers;lakes;or;other;navigable;6.1.2waters fire,;explosion6.1.3violent theft by persons from;outside the6.1.4Vessel jettison6.1.5piracy6.1.6breakdown of or accident to nuclear installations or reactors6.1.7contact;with ;aircraft ;or ;similar ;objects,;;or;;objects ;falling;;therefrom,;;land;;conveyance,;;dock;;or;harbour equipment or;installation6.1.8earthquake volcanic;eruption or lightning;6.2 ;;;;;;;;;;This insurance covers total loss;(actual;or;constructive);of;the;subject-matter;insured;caused by6.2.1 ;;;;;;;;;;;;;;;;accidents;in loading;discharging;or;shifting;cargo;or;fuel6.2.2 ;;;;;;;;;;;;;;;;bursting of boilers breakage of shafts;or;any;latent;defect;in;the;machinery;or6.2.3 ;;;;;;;;;;;;;;;;hull;negligence of Master;Officers;Crew;or;Pilots6.2.4 ;;;;;;;;;;;;;;;;negligence of repairers or;charterers;;provided;;;such;;repairers;;or;;charterers;;are;not;an;Assured6.2.5 ;;;;;;;;;;;;;;;;hereunder barratry;of Master;Officers;or;Crew,provided such;loss or damage has not resulted;;from;want;of due;diligence by the Assured,;Owners;or;Managers6.3 ;;;;;;;;;;Master;Officers;Crew;or;Pilots;not to be;considered;Owners;within the;meaning;of this;Clause;6;should they;hold;shares;in the Vessel.7;;;;;;;;;;;;POLLUTION HAZARDThis;insurance;covers ;total loss;(actual or;constructive);of the Vessel;caused;by;any;governmental;authority;acting;under;the;powers vested;in;it;to;prevent;or mitigate a;pollution;hazard,;or threat thereof,;resulting ;;;directly ;from;damage;to;the;Vessel;caused;by;a peril;covered by this insurance, provided;such;act;of ;governmental ;;authority ;has;;not;resulted;from want;of due;diligence;by;the Assured,;the;Owners,;or;Managers;of the Vessel;or;any of them to;prevent;or mitigate;such ;;hazard;or;threat.;Master,;Officers,;Crew or;Pilots not to be considered;Owners within the;meaning;of;this;Clause;7;should they;hold;shares;in the;Vessel.8;;;;;;;;;;;;3/4THS COLLISION LIABILITY8.1 ;;;;;;;The ;Underwriters ;agree;to;indemnify;the;Assured;for;three-fourths;of;any;sum ;or;sums;paid;by;the;Assured;to;any;other person or persons by reason;of;the Assured becoming;legally liable;by way;of damages;for8.1.1 ;;;;;;;;;loss of or;damage to any;other vessel;or;property;on;any;other8.1.2 ;;;;;;;;;vessel delay to or;loss;of use of any such;other;vessel;or;property8.1.3;;;;;;;;;;thereongeneral average of,;salvage of, or;salvage under;contract;of,;any such;other vessel;or;property;thereon,where;such;payment by the Assured;is;in consequence of the Vessel hereby ;;;;insured;coming;into ;collisionwith any other vessel.8.2 ;;;;;;;;;;The indemnity provided by this;Clause 8;shall;be;in;addition;to the;indemnity provided;by;the;other;terms;and;conditions of;this insurance and shall be;subject to the;following;provisions:8.2.1 ;;;;;;;;;where;the ;insured;Vessel ;is;in;collisions;with;another;vessel;and;both;vessels;are;to;blame;then,;unlessthe;liability;of;one;or;both;vessels;becomes;limited;by;law,;the;indemnity;under;this;Clause;8;shall;be;calculated;on the principle of cross-liabilities as if;the respective;Owners;had;been;compelled;to;pay to;each;other;such proportion ;of ;each ;other’s ;damages ;as ;may ;have ;been ;properly ;allowed ;in ;ascertaining ;the;balance ;or ;sum payable by or to;the Assured in;consequence;of;the collision8.2.2 ;;;;;;;;In;no;caseshall the;Underwriters;total;liability;under;Clauses;8.1;and;8.2;exceed;their;proportionate;part;ofthree-fourths;of;the ;Insured;value;of;the;Vessel;hereby;insured;in;respect;of;any;onecollision.8.3 ;;;;;;;;The Underwriters will also;pay;three-fourths;of;the;legal;costs;incurred;by;the Assured;or;which the Assuredmaybe compelled to pay in contesting;liability;or ;taking;proceedings;to;limit;liability,;with;the;prior;writtenconsent of;the Underwriters.EXLUSIONS8.4 ;;;;;;;;;Provided;always that;this;Clause;8;shall;in;no;case;extend;to;any;sum;which;the Assured;shall;pay;for;or;in;respect;of;8.4.1 ;;;;;;;;;removal or disposal of obstructions, wrecks,;cargoes;or any;other;thing;whatsoever8.4.2 ;;;;;;;;;any real or personal property;or;thing whatsoever;except;other vessels;or ;;;;property on other vessels8.4.3 ;;;;;;;;;the cargo or other;property;on;or;the;engagements;of, the;insured;Vessel8.4.4 ;;;;;;;;;loss of;life, personal;injury;or;illness8.4.5 ;;;;;;;;;pollution or contamination;of any real;or personal property;or;thing;whatsoever;(except;other;vessels;withwhich the insured Vessels is in;collision or;property;on;such;other vessels) ;;9; ;;SISTERSHIPShould;be Vessel;hereby;come;into;collision;with;or;receive;salvage;services;from;another vessel;belonging;wholly ;or;in;part;the same;Owners;or;under;the;same;management,;the Assured;shall;have;the;same;rights;under;this;insurance;as;they wouldhave;were;the;other vessel;entirely the;property;of Owners;not;interested;in;the;Vessel;hereby;insured;;but;in;such;cases;the;liability for the collision or the amount payable for the;services;rendered;shall be;referred;to;a;sole;arbitrator to;be;agreed;upon;between the Underwriters and the Assured ;10;;;;;;;;;;NOTICE OF;CLAIMIn;the;event ;of;accident;whereby;loss ;or ;damage ;may;result;in;a ;claim;under;this;insurance,;notice;shall;be;given;to;the;Underwriters prior to survey and also, if;the Vessel;is;abroad,;to the;nearest;Lloyd’s Agent;so;that;a;surveyor;maybe;appointed;to represent the Underwriters should;they;so;desire.11 ;;;;;;;;;GENERAL AVERAGE AND SALVAGE11.1 ;;;;;;This insurance;covers the Vessel’s;proportion;of salvage,;salvage;charges and/or;general;average,;reduced;in;respect;of anyunder-insurance11.2 ;;;;;This;insurance;does;not;cover;partial loss;of and/or;damage;to;the;Vessel;except;for;any;proportion;of general;averageloss or;damage which maybe;recoverable under;Clause;11.1;above11.3 ;;;;;;Adjustment to be;according to the;law;and;practice;obtaining;at;the;place;where;the;adventure;ends,;as;if the;contractof;affreightment;contained;no;special;terms;upon;the;subject;;but;where;the;contract;of;affreightment;so;provides;the;adjustmentshall;be;according;to;be;York-Antwerp;Rules.11.4 ;;;;;;When;the;Vessel;sails;in;ballast,;not;under;charter,;the;provisions;of the;York-Antwerp ;Rules,;1974(excluding;RulesXX;and ;XXI) ;shall ;be ;applicable, ;and ;the ;voyage ;for ;this;;purpose ;shall;;be;;deemed;;to;;continue;;from;;the;;port;;or place ;of departure ;until;the ;arrival;of;the;Vessel;at;the ;first;port;or;place;thereafter;other;than;a;port;or;place;of;refuge;or;a;port;or;place;of call;for bunkering;only.;If at;any;such;intermediate;port;or;place there;is;an;abandonment of;the adventure originally;contemplated the voyageshall thereupon be deemed to be terminated.11.5 ;;;;;;;No;claim under this;Clause;11;shall;in;any;case;be;allowed;where;the;loss;was;not;incurred;to;avoid;or;inconnection with the avoidance of;a peril insured against12;;;;;;;;;;DEDUCTIBLE12.1 ;;;;;;No claim arising from aperil insured against shall be payable under this insurance unless the aggregate of;all such;claimsarising;out;of each;separate;accident;or;occurrence;(including;claims;under;Clause;8;and;13);exceeds;…………………..;inwhich;case this;sum;shall be;deducted.;This;Clause;12.1;shall not;apply to;a;claim;for total;or;constructive;total loss;of;the;Vessel;;or,;;in;;the;;event;;of ;such ;;a;;claim,;;to;;any ;associated ;;claim;;;under;;Clause;;13;;arising;;from ;the ;;same accident ;or occurrence.12.2 ;;;;;;;Excluding;any;interest;comprised;therein,;recoveries;against;any;claim;which;is;subject;to;the;above;deductible;shallbe;credited to;the;Underwriters;in;full to;the;extent;of the;sum by which;the;aggregate;of the;claim;unreduced by any;recoveries;exceeds the above deductible.12.3 ;;;;;;;;;;Interest ;comprised;;in;;recoveries;;shall;;be;;apportioned;;between;;the;;Assured;;and;;the;;Underwriters,;;taking;;intoaccount;the;sums;paid;by;the;Underwriters;and;the;dates;when;such;payments;were;made,;notwithstanding;that;by;the;additional;of interest the Underwriters may receive a larger;sum than;they have;paid.13 ;;;;;;;;;DUTY OF ASSURED;(SUE AND LABOUR)13.1 ;;;;;;In;case;of;any;loss ;or;misfortune;it;is;the;duty;of the;Assured;and;their ;servants;and;agents;to;take;such;measures;asmay;bereasonable for the purpose of averting;or minimisinga loss which would;be recoverable;under;this;insurance.13.2 ;;;;;;Subject ;to ;the ;provisions ;below ;the ;Underwriters ;will ;contribute;to;charges ;properly;and ;reasonably ;incurred ;by;theAssured their servants;or agents for;such;measures. ;;General average,;salvage charges and;collision;defence;or;attack;costs;are;not;recoverable under this;Clause;11.13.3 ;;;;;;Measures;taken;by;the Assured;or;the;Underwriters;with;the;object;of saving,;protecting;or;recovering;the;subject-matterinsuredshall not be considered as a waiver or;acceptance;of;abandonment;or;otherwise;prejudice the;rights;of either;party.13.4 ;;;;;;When;expenses;are;incurred;pursuant;to;this;Clause ;11;the;liability;under;this;insurance;shall;not;exceed;the;proportionof such expenses that the amount insured hereunder bears;to;the value;of the Vessel;as;stated;herein,;or;to the;sound value;of the Vessel;at the time;of the;occurrence giving;rise to;the;expenditure;if the;sound;value;exceeds;that;value. ;;Where the;Underwriters have admitted a claim for total loss;and;;property;insured;by this;insurance;is;saved, the;foregoing;provisions;shall;not;apply;unless;the;expenses;of;suing;and;labouring;exceed;the;value;of such;property;saved;and;then;shall;apply;only to the;amount;of;the;expenses which is in excess of such value.13.5 ;;;;;;When;a;;claim for;total;loss;of the Vessel;is;admitted;under;this;insurance;and;expenses;have;been;reasonably;incurred;in;or attempting to;save the Vessel;and;other;property and;there;are;no;proceeds,;or;the;expenses;exceed;the;proceeds,;then;this insurance shall bear its pro-rata;share of such;proportion;of;the;expenses,;or;of;the;expenses;in;excess;of the;proceeds,;as;the;case;may;be,;as;may;reasonably;be;regarded;as;having;been;incurred;in;respect;of the;Vessel;;but;if the;Vessel;beinsured;for;less;than;its;sound;value;at;the;time;of the;occurrence;giving;rise;to;the;expenditure,;the;amount;recoverable;under;this;clauseshall;be;reduced;in;proportion;to;the;under-insurance.13.6 ;;;;;;;The;sum;recoverable;under;this;Clause;11;shall;be;in;addition;to;the;loss;otherwise;recoverable;under;this;insurancebut shall in no circumstances exceed;the;amount;insured;under;this;insurance;in;respect;of;the;Vessel.14;;;;;;;;;;NEW FOR OLDGeneral Average payable without deductible new;old15 ;;;;;;;;;AGENCY COMMISSIONIn;no;case;shall;any;sum be;allowed;under;this;insurance;either by way;of remuneration;of the Assured;for;time and;trouble;taken;toobtain;and;supply;information;or;documents;or;in;respect;of the;commission;or;charges;of any;manager,;agent,;managing;or;agency company or the like, appointed by or;on;behalf of;the Assured to perform;such;services16 ;;;;;;;;;CONSTRUCTIVE;TOTAL;LOSS16.1. ;;;;;In;ascertaining;whether;the;Vessel;is;a;constructive;total;loss,;the;insured;value;shall;be;taken;as;the;repaired;valueand;nothing;in;respect;of;the;damaged;or;break;-up;value;of;the;Vessel;or;wreckshall;betaken;into;account16.1 ;;;;;;;;;;No ;;claim ;;for;;constructive;;total;;loss;;based;;upon;;the;;cost;;of ;recovery ;;and/or;;repair;;of ;the ;;Vessel;;shall;;berecoverable;hereunder;unless;such;cost;would;exceed;the;insured;value.;In;making;this;determination;only;the;cost;relating to a;single accident or sequence;of damages;arising;from the;same;accidentshall;betaken;into;account.17;;;;;;;;;;;;FREIGHT WAIVERIn;the;event;of total;or;constructive;total;loss;no;claim;to;be;made;by;the;Underwriters;for;freight;whether;notice;of;abandonment has been given or;not.18;;;;;;;;;;;;DISBURSEMENTS WARRANTY81.1;;;;Additional insurances as follows are;permitted:18.1.1 ;;;;;Disbursements,;Managers’;Commissions,;Profits;or;Excess;or;Increased ;Value;of;Hull;and;Machinery.;;A;sumnot;exceeding 25% of;the value stated herein.18.1.2 ;;;;Freight,;Chartered Freight or;Anticipated;Freight,;insured;for time.;;A;sum;not;exceeding;25%;of;the value;asstated herein less any sum insured,;however;described, under;18.1.1.18.1.3 ;;;;;;Freight or Hire,;under contracts;for voyage.;;A;sum ;;not ;;exceeding;the;gross;freight;or;hire;for;the;currentcargo passage;and;;next;;succeeding;;cargo;;passage;;(such;insurance;to;include,;if required,;a;preliminary;and;an intermediate ;ballast ;passage) ;plus the;charges;of insurance.;;In;the;case;of a voyage;charter;where;payment ;is made ;on;;a;time basis, the;;sum;;permitted;;for;insurance;shall;;be;calculated;;on;;the;estimated;duration;;of ;the voyage,;subject;to;the;limitation ;;of ;two;cargo;passages;as;laid ;;down ;;herein. ;;Any;sum;insured ;under;;18.1.2 to be ;taken ;into;account;and;only;;the;excess;thereof;;maybe;insured,;which;;excess;shall ;be reduced ;as;;the;freight;or ;hire;;is;advanced;;or;earned;by the;gross;amount;so;advanced;or;earned.18.1.4 ;;;Anticipated;Freight;if;the;Vessel;sails;in;ballast;and;not;under;Charter. ;;A;sum;not;exceeding;the;anticipatedgross ;freight ;on ;next ;cargo ;passage, ;such ;sum ;to ;be ;reasonably ;estimated ;on ;the ;basis ;of;the ;current;rate;of freight;at;time;of;insurance;plus;the;charges;of;insurance. ;;Any ;sum;insured;under ;18.1.2;to;be;taken;into account and only the excess;thereof maybe insured.18.1.5 ;;;;;Time;Charter Hire;or;Charter Hire ;for Series;of;Voyages. ;;A;sum;not;exceeding;50%;of the gross;hire;whichis to be earned under the charter;in;a;period;not;exceeding;18;months.;;Any;sum;insured;under;18.1.2 to;be;taken;into;account;and;only;the;excess;thereof may;be;insured,;which;excess;shall;be;reduced;as;the;hire;is;advanced;or;;earned;under;the;charter;by;50%;of the;gross;amount;so;advanced;or;earned;but;the;sum;insured;need;not;be;reduced;while;the;total;of the;sums;insured;under;18.1.2;and;18.1.5;does;not;exceed;50% of;the gross hire still to be earned under the;charter. ;An insurance under this;Section;may begin;on the;signing;of;the charter.18.1.6 ;;;;Premiums.;;A;sum;;not ;;exceeding ;the;;actual;;premiums of;;all;interests;insured;for;a;period;not;exceeding12 ;months ;(excluding ;;;;premiums ;insured ;under ;the ;foregoing ;sections ;but ;including, ;if ;required, ;the;premium;or;estimated ;calls on any Club;or War;etc.;Risk;insurance);reducing pro-rata;monthly.18.1.7 ;;;;;Returns;of;Premium.;;A;sum;not;exceeding the;actual;returns;which;are;allowable;under;any;insurance;butwhich;would;not;be;recoverable;thereunder;in;the;event;of;a;total;loss;of the;Vessel;whether;by;insured;perils;or otherwise.18.1.8;;;;;Insurance irrespective of amount against: ;;Any risks;excluded by Clauses;20,21,;22 and;23 below.18.2 ;;;;Warranted;that;no;insurance;on;any;interests;enumerated;in;the;foregoing;18.1.1;to;18.1.7;in;excess;of the;amountspermitted therein and no;other insurance which;includes;total;loss;of;the;Vessel;P.P.I.;,;F.I.A.,;or;subject;to;any;other;like;terms,;is;or;shall;be;effected;to;operate;during;the;currency;of this;insurance;by;or;for;account;of the Assured,;Owners,;Managers;or;Mortgagees.;Provided;always;that;a;breach;of this warranty;shall;not;afford the;Underwriters;any;defence;to a;claim by a;Mortgagee who has accepted this insurance without;knowledge;of such breach.;19 ;;;;;;;;;;;;;;RETURNS FOR LAY-UP AND CANCELLATION19.1;;;;;;To;return as follows:19.1.1 ;;;;;Pro-rata monthly net for;each uncommenced month;if;this insurance;be;cancelled;by;agreement.19.1.2 ;;;;;For ;each ;period;;of ;30;consecutive;days;;the Vessel;;may;;be;;laid;up;in;a;port;or;in;a;lay-up;area;providedsuch port or lay-up area is;approved;by the;Underwriters;(with;special;liberties;as;hereinafter;allowed)(a) ;;;;;;;;;;;;;;;;;;………;…;……;…;……;…;….. ;;;;;;;;;;;;;;;;;;;;per;cent;net;not;under(b) ;;;;;;;;;;;;;;;;;………;…;……;…;……;…;….. ;;;;;;;;;;;;;;;;;;;;repair;percent;net;underrepairIf;the ;Vessel ;is ;under ;repair;;during ;part;;only;;of a;period;;for;;which;;a;;return;;is;claimable,;the;;return;shall19.2 ;;;;;;;PROVIDED ALWAYS THAT19.2.1 ;;;a total ;loss;of;the Vessel, whether;by insured;perils;or;otherwise,;has;not;occurred;during the period;coveredby this insurance or any;extension;thereof19.2.2 ;;;;;in ;no ;case ;shall;a;return;be;allowed;when;the;Vessel;is;lying;in;exposed;or;unprotected;waters,;or;in;aport;or lay-up;area;not approved by the;Underwriters but,;provided the;Underwriters;agree;that;such;non;-;approved;lay-;up area;is;deemed to be within;the vicinity;;of the;approved;port;or;lay-up;area,;days;during;which the Vessel is laid ;up;;in;;such ;;;non-approved ;lay-up;area;;may ;be;;added ;;;to;days;in ;;the;approved;port;or ;lay-up ;area ;to;calculate ;;a ;;;period ;;of ;;30;;consecutive;days;and;a;return;shall;be;allowed;for;the;proportion;of such;period;during which the Vessel is actually laid up;in the;approved;port;or;lay-up;area19.2.3 ;;;;;loading ;or;discharging;operations or the;presence of cargo onboard;shall;not;debar;returns;but;no;returnshall;be19.2.4 ;;;;;in ;the ;event ;of ;any;;amendment;;of;the;annual rate,;the;above;rates;of return;shall be;adjusted;accordingly19.2.5 ;;;;in the;event;of any return;recoverable;under;this;Clause;19;;being;;based;;on;30;consecutive;days which;fallon;successive ;;;insurances ;;;effected ;;;for ;the ;same ;Assured, ;this ;insurance ;shall ;;;only ;be ;liable ;;;for ;an;amount calculated;at;;pro-rata;;of ;;;period;rates;19.1.2(a);and/or ;(b);above;for;the;number;of days;which;come;within the ;period ;of this insurance;and;;to;;;which;a;;return;is;actually;applicable. ;;Such;overlapping;period;;shall;run,;at;;the;;option;of the;Assured,;either;from;the;first;day;on;which;the;Vessel;is;laid;up;or;the;first;day;of a;period of 30 consecutive days as;provided;under;19.1.2(a);or;(b),;or;19.2.2;above.The following clauses shall be paramount and;shall override;anything;contained;in;this;insurance;inconsistent;therewith.20;;;;;;;;;;;;;;;;;WAR EXCLUSIONIn;no caseshall this insurance cover loss;damage liability or;expense;caused;by20.1 ;;;;;;war ;civil ;war ;revolution ;rebellion ;insurrection, ;or;;civil ;strife;;arising;therefrom,;;or;;any;;hostile;;act;;by ;oragainst ;a belligerent power20.2 ;;;;;;capture seizure arrest;restraint;or;detainment;(barratry;and;piracy;excepted),;and;the;consequences;thereof orany attempt thereat20.3 ;;;;;;derelict ;mines torpedoes bombs;or;other;derelict;weapons;of;war21 ;;;;;;;;;;;;;;;;;;STRIKES EXCLUSIONIn;no caseshall this insurance cover loss;damage liability or;expense;caused21.1 ;;;;;;strikers, ;locked-out workmen,;or persons;taking;part;in;labour;disturbances,;riots;or;civil;commotions22.2 ;;;;;;any terrorist or any;person;acting;from;a;political;motive.22 ;;;;;;;;;;;;;;;;MALICIOUS ACTS EXCLUSIONIn;no caseshall this insurance cover loss;damage liability or;expense;arising;from22.1 ;;;;;;the detonation;of an;explosive ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ;22.2;;;;;;;any weapon of;war; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; And;caused by any person;acting maliciously or from;a;political;motiveNUCLEAR EXCLUSION; ;In;no;case;shall;this;insurance;cover;loss;damage;liability;or;expense;arising;from;any;weapon;of;war;employing;atomic;or nuclear fission and/or fusion or;other;like;reaction;or;radioactive;force;or;matter.