THE NEW INDIA ASSURANCE CO. LTD.

(Government of India Undertaking)

MARINE CARGO SPECIFIC VOYAGE POLICY

Preamble
WHEREAS the ASSURED named in the schedule hereto have represented to THE NEW INDIA ASSURANCE COMPANY LIMITED
(hereinafter called company) that they are interested in or duly authorized to make the insurance mentioned and have paid or agreed to pay the
premium hereinafter stated, THE COMPANY HEREBY PROMISES AND AGREES with the assured, their Executors, Administrators and
assigns that the company will insure against loss damage liability or expenses subject to Clauses, Endorsement, Conditions and Warranties
contained herein/in the schedule.

Insured Details Issuing Office Details

Insured Name : M/S HALLWORTHY SHIPPING LIMITED SA
Customer ID : PO50255064 Office Code : MITTAL CHAMBERS DO 111400
(111400)
Address : 304 TRADE CENTER BANDRA Address : 22, MITTAL CHAMBERS,
KURLA COMPLEX BANDRA OPP INOX THEATRE, NARIMAN
POINT,
MUMBAI,400021
MUMBAI ,MAHARASHTRA, 400051
Phone No : Phone No : 22839868 / 22821785
E-mail/Fax : k.fernandes@foresight-group.com, / E-mail/Fax : nia.111400@newindia.co.in/22821665
PAN No : AADCH7845J S.Tax Regn. No : AAACN4165CST178
GSTIN/UIN : 27AADCH7845J1Z6 / NA GSTIN : 27AAACN4165C3ZP
: SAC : 997139 (Other non-life insurance
services excl RI)

Policy Details Business Source Code

Policy Number : 11140021180100000110 Dev.Off. : K.M. DASTUR REINSURANCE
level/Broker/Corp. Agent BROKERS PVT. LTD. - (DM2615660)
K.M. DASTUR REINSURANCE
BROKERS PVT. LTD. (SI00057006)
Date of Issue : 27/09/2018 02:06:25 PM Agent/Bancassurance :
Date of Proposal : 27-Sep-18 Phone No : 2324592, (022)22855855, / NA
Client Type : Corporate E-mail/Fax : ronak.gadhia@kmdastur.com, / / /

Premium Details
Premium GST Stamp Duty Total (`) Rupees (in words) Receipt No. & Date
As Agreed As Agreed As Agreed As Agreed As Agreed 111400811800000
13514 - 27/09/18

Journey Details
Journey From Journey To Transport Mode
VESHVI URAN ONGC NHAVA SUPPLY BASE / RIG Vessel
VIVEKANAND 1

Cargo Sum Insured (`) : 3200000

Cargo Sum Insured in Foreign Currency : NA
Lorry Receipt(LR) Number : NA Date : NA
Basis of valuation + % Extra for : CIF + 10
Commodity
Vessel Name : ONGC VESSEL
Transit Type : Sea Import
Invoice No & Date : PTIOPLINV0828 & 21-Dec-2017
Commodity description : DRILL LINE 1 3/4" 7500 FT (QTY-01 REEL)
Packaging description : 1 REEL (220*177*220 CMS)
Risk Covered : ICC-C
SRCC

Excess : 0

Terms of Insurance

Signature Not
Verified
Digitally signed
by Srinivasan Policy No. : 11140021180100000110Document generated by 39346 at 27/09/2018 15:10:49 Hours.
Vaideswaran Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415.
Date: 2018.09.27
For 15:10:50
redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with
IST
our own grievance redressal mechanism; you may also approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please
visit our website http://newindia.co.in.

Page 1 of 3
 THE NEW INDIA ASSURANCE CO. LTD.
(Government of India Undertaking)

As per following clauses written hereunder, current on date of sailing or dispatch and/or otherwise stated.
This Insurance is subject to Important notice, conditions and warranties attached. Also this contract is subject to such
regulations as in force at the time the risk hereunder.

1) Warranted the shipment by an approved class vessel complying with the provisions of the Institute Classification clause -
01.01.2001 with the Held Cover provision of the same stands deleted"
2) Institute Cargo Clauses (C) 1/1/82 CL 254
3) Institute Strikes Clauses (Cargo) 1/1/82 CL 256
4) Institute Strikes Clauses (Air Cargo) 1/1/82 CL 260
5) Strikes Riots And Civil Commotions Clause (Inland Transit Not In Conjunction With Ocean Going Voyage)
6) Machinery Subject to Clause : Institute Replacement Clause -01.01.34
7) Subject to Duty Insurance Clause
8) Subject to Increase Value Clause
9) Institute Radioactive Contamination Exclusion Clause (1.10.1990)
10) Institute Radioactive Contamination Chemical, Biological Biochemical and Electromagnetic Weapons Excl. Clause
10/11/2003 CL 370
11) Termination of Transit Clause JC2009/056 01/01/2009
12) Subject to Important Notice Clause
13) Subject to Sanctions, Limitation & Exclusion Clause JC 2010/014(11.08.2010)
14) Subject to Private Carriers Warranty
15) Subject to closed vehicle Warranty
16) Cargo Termination of Transit (Storage) Clause
17) Institute War Clauses (Air Cargo) (excluding sendings by post)
18) Theft, Pilferage and Non-Delivery (Insured Value) Clause
19) Duty - Insurance Clause
20) Institute Cargo Clauses (B)
21) Inland Transit (Rail or Road - Clause C)
22) Institute Classification Clause (01/01/2001)
23) Event of loss or damage -Liability of Carriers, Bailees or other third parties
24) Increased Value- Insurance Clause
25) Cargo Termination of Transit Clause (Terrorism)
26) IRCEC
27) RACE
28) RACCBE
29) Marine Cover Note
30) Institute Cargo Clauses (A)
31) Institute Strikes Clauses (Air Cargo)
32) Institute War Clauses (Sendings by post)
33) Inland Transit (Rail or Road - Clause B)
34) Replacement Clause
35) Marine Declaration Form
36) Marine Policy (Cargo)
37) Institute War Clauses (cargo)
38) Institute Strikes Clauses (cargo)
39) Institute Cargo Clauses (C)
40) Institute Cargo Clauses (Air) (excluding sendings by post)
41) Institute War Clauses (Cargo) (including on-carriage by Air)
42) Inland Transit (Rail or Road - Clause A)
43) Strikes,Riots Commotions Clause(Inland Transit nor in conjunction)
44) Sailing Vessels Clause
45) Comprehensive Clause
46) Exclusion of unexplained losses.
47) Excluding shortages from sound packages.
48) Excluding mold and mildew damage.
49) Exclude shortage from sound bag/package/container.
50) Subject to Institute replacement clause.
51) Excluding electrical and mechanical derangement.
52) Exclusion of damage due to rusting ,oxidation,denting,bending and scratching.
53) Exclusion of damage due to rusting ,oxidation,denting,bending and scratching.
54) Exclusion of unexplained losses and shortages.
55) Exclusion of rejection risks.
56) Warranty strict adherence to International Maritime Dangerous Goods Code -IMDG
57) Cover to be restricted to ITC B or ICC B
58) Exclusion of damage due to rusting, denting and scratching.
59) Warranty that goods properly lacquered and / or treated with anti corrosives.
60) Exclusion of rejection risk / loss.
61) Warranty of pre-inspection prior to packing.
62) Warranted vessel are certified Fit , Clean by Approved surveyors at loading port
63) Warranty applicable for cargo in bags to be also used
64) Applicable Institute Commodity Clause to be used
65) Warranty damaged portion, cut off and balance to be utilised.
66) Warranty of suitable depreciation would be applied for all other items.
67) Over dimensional cargo,properly loaded and secured as per the Surveyor advises.
68) Institute Coal Clause to be used
69) Claim for shortage shall arrive comparing weight of damaged and arrived bags.
70) Exclusion of spontaneous combustion Warranty strict adherence to IMDG Code.
71) Loss payable only if the contents of tin, bottle is damaged at the same time
72) ITC/ICC-B given.If AllRisk is cover min15000 app.on glass and fragile
73) If ICC A cover to be given, Insured to bear 25percent of each and every claim
74) If ICC A cover to be given, Exclusion of scratching, denting losses.

Policy No. : 11140021180100000110Document generated by 39346 at 27/09/2018 15:10:49 Hours.

Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415.
For redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with
our own grievance redressal mechanism; you may also approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please
visit our website http://newindia.co.in.

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 THE NEW INDIA ASSURANCE CO. LTD.
(Government of India Undertaking)

75) If ICC A cover to be given, Insured to bear 25percent of each and every claim
76) Exclusion of unexplained losses.
77) In case drums are transporting liquid, the same should be properly sealed.
78) Exclusion of damage to only labels on tinned and bottled goods
79) Excluding electrical and mechanical derangement
80) Excess of 1percent on the value of the consignment for each and every claim.
81) Warranty damaged portion, cut off and balance to be utilized.
82) ITC B or ICC B cover to be given.
83) Warranted properly treated and dried material used for packing.
84) Warranted property treated and dried wood used for packing.
85) Excess of at least 1/2percent of Sum Insured.
86) Exclusion of scratching, denting, rusting, peeling of paint.
87) Damage to tyres covered only if vehicle is damaged due to insured perils.
88) Exclusion of shortage loss from sound packages
89) Exclusion of unexplained losses.
90) Excluding mold and mildew damage.
91) Exclusion of sentimental loss / damage
92) Warranted exclusion of mold, mildew damages.
93) Warranted Excluding any loss due to temperature variation howsoever occured.
94) Warranted damaged portion to be cut off and balance to be utilized.
95) Warranted damaged portion to be cut off and balance to be utilized.
96) If leather goods or garments,exclude shortage from sound bag/package/container.
97) Warranted machinery treated with rust preventives and properly secured.
98) Excluding electrical and mechanical derangement.
99) Warranty basis of valuation on the market value certified by qualified valuer.
100) Warranted machinery treated with rust preventives and properly secured.

Survey & Claim Settlement

In the event of loss or damage which may result in a claim under this Insurance immediate notice must be given to

Nearest New India Assurance Company's Office or The Policy Issuing Office

without which no claim or loss will be paid.

Claim Payable By:

In the event of loss or damage which may result in a claim under this insurance immediate notice must be given to

Policy Issuing Office

Premium and GST Details

Rate of Tax Amount in INR
Premium 31893.00
SGST 9 2880
CGST 9 2880
IGST 0 0

In witness whereof the undersigned being duly authorised by the Insurers and on behalf of the Insurers has (have) hereunder
set his (their) hand(s) on this 27th day of September,2018

To view the certificate details please visit For and on behalf of

:https://online.newindia.co.in/authenticatecertificate. The New India Assurance Company Limited
Date of Issue: 27/09/2018

Duly Constituted Attorney(s)

Tax Invoice No : 1114002101000110

IRDA Registration Number: 190

Policy No. : 11140021180100000110Document generated by 39346 at 27/09/2018 15:10:49 Hours.

Regd. & Head Office: New India Assurance Bldg., 87 M.G. Road, Fort, Mumbai - 400 001. TOLL FREE No. 1 800 209 1415.
For redressal of your grievance, if any,you may approach any one of the following offices- 1. Policy issuing office 2. Regional office 3. Head office.In case, you are not satisfied with
our own grievance redressal mechanism; you may also approach Insurance Ombudsman. For details of our office addresses and addresses of office of Insurance Ombudsman, please
visit our website http://newindia.co.in.

Page 3 of 3