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    Avn 38B

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    Himanshu Patidar
    This document outlines a nuclear risks exclusion clause for an insurance policy. It states that the policy does not cover any loss, damage, expense, liability, or claims related to nuclear material, radioactive properties, or ionizing radiation. It provides specific exclusions for radioactive assembly/components, radioactive cargo, and other radioactive sources. Some exceptions are listed for depleted/natural uranium and manufactured radioisotopes. The policy also does not cover risks that are insured by other policies, required to have financial protection by law, or eligible for government indemnification. Coverage can be provided subject to compliance with transport regulations and a 3-year claims period. Contamination limits are outlined. Insurers can cancel the nuclear coverage with 7 days

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    Avn 38B

    Uploaded by

    Himanshu Patidar
    105 views2 pages
    This document outlines a nuclear risks exclusion clause for an insurance policy. It states that the policy does not cover any loss, damage, expense, liability, or claims related to nuclear material, radioactive properties, or ionizing radiation. It provides specific exclusions for radioactive assembly/components, radioactive cargo, and other radioactive sources. Some exceptions are listed for depleted/natural uranium and manufactured radioisotopes. The policy also does not cover risks that are insured by other policies, required to have financial protection by law, or eligible for government indemnification. Coverage can be provided subject to compliance with transport regulations and a 3-year claims period. Contamination limits are outlined. Insurers can cancel the nuclear coverage with 7 days

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    AVN 38B

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    This document outlines a nuclear risks exclusion clause for an insurance policy. It states that the policy does not cover any loss, damage, expense, liability, or claims related to nuclear material, radioactive properties, or ionizing radiation. It provides specific exclusions for radioactive assembly/components, radioactive cargo, and other radioactive sources. Some exceptions are listed for depleted/natural uranium and manufactured radioisotopes. The policy also does not cover risks that are insured by other policies, required to have financial protection by law, or eligible for government indemnification. Coverage can be provided subject to compliance with transport regulations and a 3-year claims period. Contamination limits are outlined. Insurers can cancel the nuclear coverage with 7 days

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    105 views2 pages

    Avn 38B

    Uploaded by

    Himanshu Patidar
    This document outlines a nuclear risks exclusion clause for an insurance policy. It states that the policy does not cover any loss, damage, expense, liability, or claims related to nuclear material, radioactive properties, or ionizing radiation. It provides specific exclusions for radioactive assembly/components, radioactive cargo, and other radioactive sources. Some exceptions are listed for depleted/natural uranium and manufactured radioisotopes. The policy also does not cover risks that are insured by other policies, required to have financial protection by law, or eligible for government indemnification. Coverage can be provided subject to compliance with transport regulations and a 3-year claims period. Contamination limits are outlined. Insurers can cancel the nuclear coverage with 7 days

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
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    NUCLEAR RISKS EXCLUSION CLAUSE

    (1) This Policy does not cover:

    (i) loss of or destruction of or damage to any property whatsoever or any loss or


    expense whatsoever resulting or arising therefrom or any consequential loss

    (ii) any legal liability of whatsoever nature

    directly or indirectly caused by or contributed to by or arising from:

    (a) the radioactive, toxic, explosive or other hazardous properties of any explosive
    nuclear assembly or nuclear component thereof;

    (b) the radioactive properties of, or a combination of radioactive properties with


    toxic, explosive or other hazardous properties of, any other radioactive material
    in the course of carriage as cargo, including storage or handling incidental
    thereto;

    (c) ionizing radiations or contamination by radioactivity from, or the toxic,


    explosive or other hazardous properties of, any other radioactive source
    whatsoever.

    (2) It is understood and agreed that such radioactive material or other radioactive source in
    paragraph (1) (b) and (c) above shall not include:

    (i) depleted uranium and natural uranium in any form;

    (ii) radioisotopes which have reached the final stage of fabrication so as to be usable
    for any scientific, medical, agricultural, commercial, educational or industrial
    purpose.
    (3) This Policy, however, does not cover loss of or destruction of or damage to any
    property or any consequential loss or any legal liability of whatsoever nature with
    respect to which:
    (i) the Insured under this Policy is also an insured or an additional insured under
    any other insurance policy, including any nuclear energy liability policy; or
    (ii) any person or organization is required to maintain financial protection pursuant
    to legislation in any country; or
    (iii) the Insured under this Policy is, or had this Policy not been issued would be,
    entitled to indemnification from any government or agency thereof.
    (4) Loss, destruction, damage, expense or legal liability in respect of the nuclear risks not
    excluded by reason of paragraph (2) shall (subject to all other terms, conditions,
    limitations, warranties and exclusions of this Policy) be covered, provided that:
    (i) in the case of any claim in respect of radioactive material in the course of
    carriage as cargo, including storage or handling incidental thereto, such carriage
    shall in all respects have complied with the full International Civil Aviation
    Organization ‘‘Technical Instructions for the Safe Transport of Dangerous
    Goods by Air’’, unless the carriage shall have been subject to any more
    restrictive legislation, when it shall in all respects have complied with such
    legislation;
    (ii) this Policy shall only apply to an incident happening during the period of this
    Policy and where any claim by the Insured against the Insurers or by any
    claimant against the Insured arising out of such incident shall have been made
    within three years after the date thereof;
    (iii) in the case of any claim for the loss of or destruction of or damage to or loss of
    use of an aircraft caused by or contributed to by radioactive contamination, the
    level of such contamination shall have exceeded the maximum permissible level
    set out in the following scale:

    Emitter Maximum permissible level of non-


    fixed radioactive surface contamination
    (IAEA Health and Safety Regulations) (Averaged over 300 cm2)

    Beta, gamma and low toxicity alpha Not exceeding 4 Becquerels/cm2


    emitters (10-4 microcuries/cm2)

    Not exceeding 0.4 Becquerels/cm2


    All other emitters (10-5 microcuries/cm2)

    (iv) the cover afforded hereby may be cancelled at any time by the Insurers giving
    seven days’ notice of cancellation.

    AVN 38B 22.7.96

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