Total or Constructive Total Loss of the whole consignment hereby insured caused in the course of transit by natural calamities- heavy weather, lightning, tsunami, earthquake and flood .
Total or Partial Loss caused by accidents-the carrying conveyance being grounded, stranded, sunk or in collision with floating ice or other objects as fire or explosion.
Partial loss of the Insured goods attributable to heavy weather, lightning and/or tsunami, where the conveyance has been grounded, stranded, sunk or burnt, irrespective of whether the event or events took place before or after such accidents.
Partial or total loss consequent on the falling of an entire package or packages into sea during loading, transshipment or discharge.
Reasonable cost incurred by the Insured in salvaging the goods or averting or minimizing a loss recoverable under the Policy provided that such cost shall not exceed the sum Insured of the consignment so saved.
Losses attributable to discharge of the insured goods at a port of distress following a sea peril as well as special charges arising from loading, warehousing and forwarding of the goods at an intermediate port of call or refuge.
Sacrifice in and Contribution to General Average and Salvage Charges.
Such proportion of losses sustained by the shipowners as is to be reimbursed by the Cargo Owner under the Contract of Affreightment "Both to Blame Collision” Clause