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HDFC ERGO General Insurance

HDFC ERGO General Insurance Company Limited. (Formerly HDFC General Insurance Limited from Sept 14, 2016 and L&2016). CIN: U66030MH2007PLC177117. Registered & Corporate Office: 1st Floor, HDFC House, 165 020. Customer Service Address: D-301, 3rd Floor, Eastern Business District (Magnet Mall), LBS Marg, Bhandup (West). MUMBAI

6638 3699 | [email protected] |

AVIATION INSURANCE

HDFC ERGO GENERAL INSURANCE COMPANY LIMITEDRegd. Office: 6

Andheri Kurla Road, Andheri (East),


HDFC ERGO General Insurance Company Limited. (Formerly HDFC General Insurance Limited from Sept 14, 2016 and L&T General Insurance Company Limited upto Sept 13, 2016). CIN: U66030MH2007PLC177117. Registered & Corporate Office: 1st Floor, HDFC House, 165 - 166 Backbay Reclamation,H. T. Parekh Marg, Churchgate, Mumbai

loor, Eastern Business District (Magnet Mall), LBS Marg, Bhandup (West). MUMBAI – 400078. Tel.: +91 22 6638 3600 | Fax: 91 22 6638 3699 | [email protected] | www.hdfcergo.com .IRDAI Reg No. 146.

INSURANCE - HULL PACKAGE

POLICY

HDFC ERGO GENERAL INSURANCE COMPANY LIMITED

Regd. Office: 6th Floor, Leela Business Park,

Andheri Kurla Road, Andheri (East),

Mumbai – 400 059.

T General Insurance Company Limited upto Sept 13, 166 Backbay Reclamation,H. T. Parekh Marg, Churchgate, Mumbai – 400

400078. Tel.: +91 22 6638 3600 | Fax: 91 22

HULL PACKAGE

HDFC ERGO GENERAL INSURANCE COMPANY LIMITED




Whereas the Insured named in the Schedule and carrying on the business as described in the Schedule of this policy

has applied to HDFC Ergo General Insurance Company Limited (hereinafter called "the Company") by a written

proposal and declaration which shall be the basis of this contract and be deemed to be incorporated herein for the

insurance hereinafter contained and has paid the

premium for the sections stated in the Schedule.

The Company hereby agrees subject to the terms and conditions

expressed hereon that if the Insured shall sustain LOSS of or DAMAGE to property or incur liability

during the period of insurance stated herein

paid and the Company shall have accepted the premium

required for the Company to provide coverage to the Insured during the period of this policy or for the renewal

thereof the Company will pay to the Insured the value at the time of happening o

the amount of such damage or the amount of liability incurred as the case may be and in respect of which coverage

is provided under this policy but not exceeding in

any one period of insurance in respect of each of

thereof respectively.

SECTION I - AVIATION

Headings and marginal captions are inserted for the purpose of convenient reference only and are not to be

part of this Policy.

Certain words and phrases used in this Policy have special meanings, which can be found in Section IV

(D)Definitions.

The Insurers agree to insure against loss, damage or liability, arising out of an Accident occurring during the

Period of Insurance to the extent and in the manner provided in this Policy.

SECTION I LOSS OF OR DAMAGE TO AIRCRAFT

1. Coverage

(a) The Insurers will at their option pay for, replace or repair, accidental loss of or damage to the

Schedule arising from the risks covered, including disappearance if the

commencement of Flight, but not exceeding the

amounts to be deducted specified in Condition 3(c).

(b) If the Aircraft is insured hereby for the risks of Flight, the Insurers will, in addition, pay reasonable

necessarily incurred by the Insured for the immediate safety of the Aircraft

per cent of the Amount Insured as specified in Part 2(5) of the Schedule.





HDFC Ergo General Insurance Company Limited (hereinafter called "the Company") by a written

shall be the basis of this contract and be deemed to be incorporated herein for the

insurance hereinafter contained and has paid the

premium for the sections stated in the Schedule.

The Company hereby agrees subject to the terms and conditions contained herein or endorsed or otherwise

the Insured shall sustain LOSS of or DAMAGE to property or incur liability

stated herein or any subsequent period in respect of which the Insured

paid and the Company shall have accepted the premium


will pay to the Insured the value at the time of happening of such loss of the property so lost or

amount of liability incurred as the case may be and in respect of which coverage

is provided under this policy but not exceeding in

any one period of insurance in respect of each of the several items/sections specified herein the sum set opposite

AVIATION INSURANCE – HULL ALL RISK

AIRCRAFT INSURANCE POLICY

Headings and marginal captions are inserted for the purpose of convenient reference only and are not to be



od of Insurance to the extent and in the manner provided in this Policy.

SECTION I LOSS OF OR DAMAGE TO AIRCRAFT

(a) The Insurers will at their option pay for, replace or repair, accidental loss of or damage to the

Schedule arising from the risks covered, including disappearance if the Aircraft is unreported for sixty days after the

commencement of Flight, but not exceeding the Amount Insured as specified in Part 2(5) of the Schedule and subject to the

deducted specified in Condition 3(c).

(b) If the Aircraft is insured hereby for the risks of Flight, the Insurers will, in addition, pay reasonable

necessarily incurred by the Insured for the immediate safety of the Aircraft consequent upon damage or forced landing, up to 10

in Part 2(5) of the Schedule.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


HDFC Ergo General Insurance Company Limited (hereinafter called "the Company") by a written

shall be the basis of this contract and be deemed to be incorporated herein for the

contained herein or endorsed or otherwise

the Insured shall sustain LOSS of or DAMAGE to property or incur liability at any time

or any subsequent period in respect of which the Insured shall have


f such loss of the property so lost or

amount of liability incurred as the case may be and in respect of which coverage

the several items/sections specified herein the sum set opposite

HULL ALL RISK

Headings and marginal captions are inserted for the purpose of convenient reference only and are not to be deemed



(a) The Insurers will at their option pay for, replace or repair, accidental loss of or damage to the Aircraft described in the

Aircraft is unreported for sixty days after the

Amount Insured as specified in Part 2(5) of the Schedule and subject to the

(b) If the Aircraft is insured hereby for the risks of Flight, the Insurers will, in addition, pay reasonable emergency expenses

upon damage or forced landing, up to 10




2. Exclusions applicable to this Section only

The Insurers shall not be liable for

Wear and Tear, Breakdown

(a) wear and tear, deterioration, breakdown, defect or failure howsoever caused in any Unit of the

Aircraft and the consequences thereof within such Unit;

(b) damage to any Unit by anything which has a progressive or cumulative effect but damage

attributable to a single recorded incident is covered under paragraph 1(a) above.

HOWEVER accidental loss of or damage to the Aircraft consequent upon 2(a) or (b) above is covered

under paragraph 1(a) above.

3. Conditions applicable to this Section only

(a) If the Aircraft is damaged

Dismantling Transport and Repairs,

(i) no dismantling or repairs shall be commenced without the consent of the Insurers except

whatever is necessary in the interests of safety, or to prevent further damage, or to comply with

orders issued by the appropriate authority;

(ii) the Insurers will pay only for repairs and transport of labour and materials by the most

economical method unless the Insurers agree otherwise with the Insured.

Payment or Replacement

(b) If the Insurers exercise their option to pay for or replace the Aircraft

(i) the Insurers may take the Aircraft (together with all documents of record, registration and title

thereto) as salvage;

(ii) the cover afforded by this Section is terminated in respect of the Aircraft even if the Airc

retained by the Insured for valuable consideration or otherwise;

(iii) the replacement aircraft shall be of the same make and type and in reasonably like condition

unless otherwise agreed with the Insured.

Amounts to be deducted from the claim

(c) Except where the Insurers exercise their option to pay for or replace the Aircraft, there shall be

deducted from the claim under paragraph 1(a) of this Section




Exclusions applicable to this Section only

deterioration, breakdown, defect or failure howsoever caused in any Unit of the

Aircraft and the consequences thereof within such Unit;


orded incident is covered under paragraph 1(a) above.

HOWEVER accidental loss of or damage to the Aircraft consequent upon 2(a) or (b) above is covered

Conditions applicable to this Section only

(i) no dismantling or repairs shall be commenced without the consent of the Insurers except


appropriate authority;

(ii) the Insurers will pay only for repairs and transport of labour and materials by the most

economical method unless the Insurers agree otherwise with the Insured.

to pay for or replace the Aircraft


(ii) the cover afforded by this Section is terminated in respect of the Aircraft even if the Aircraft is

retained by the Insured for valuable consideration or otherwise;


unless otherwise agreed with the Insured.


deducted from the claim under paragraph 1(a) of this Section


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

deterioration, breakdown, defect or failure howsoever caused in any Unit of the




raft is






(i) the amount specified in Part 6 (B) of the Schedule and

(ii) such proportion of the Overhaul Cost of any Unit repaired or replaced as the used time bears to

the Overhaul Life of the Unit.

No Abandonment

(d) Unless the Insurers elect to take the Aircraft as salvage the Aircraft shall at all times remain the

property of the Insured who shall have no right of abandonment to the Insurers.

Other Insurance

(e) No claim shall be payable under this Section if other insurance which is payable in

damage covered under this Section has been or shall be

knowledge or consent of the Insurers.

SECTION II AIRCRAFT SPARES WORDINGS

1. COVERAGES

Subject to the terms, conditions and exclusions hereinafter contained this Policy insures Property being only

Engines, Spare Parts and Equipment destined to be fitted to or to form part of an aircraft, plus Tools and Supplies

and Ground Equipment being the property of the Assured or the property of others for which the Assured is

responsible, while such property is in the care, custody or control of the Assured on the ground, or is being carried

as cargo in transit, by air (including Assured's aircraft) and/or steamers (approved or held covered at a premium to

be arranged) and/or road and/or rail and/or conveyance.

2. CONDITIONS

All risks of Physical Loss or Damage (except as hereafter excluded) but

Air Transits

Institute Cargo Clauses (AIR) 1/1/82

Marine Transits

Institute Cargo Clauses (A) 1/1/82

3. GEOGRAPHICAL LIMITS

This Policy to cover the property described above, against the risks described above, whilst As Shown in the

attached Aircraft Insurance Policy.

4. EXCLUSIONS

This Policy does not insure:-




(i) the amount specified in Part 6 (B) of the Schedule and

Overhaul Cost of any Unit repaired or replaced as the used time bears to


all have no right of abandonment to the Insurers.

(e) No claim shall be payable under this Section if other insurance which is payable in

damage covered under this Section has been or shall be effected by or on behalf of the Insured without the

See also Section IV

SECTION II AIRCRAFT SPARES WORDINGS




s in the care, custody or control of the Assured on the ground, or is being carried


be arranged) and/or road and/or rail and/or conveyance.

All risks of Physical Loss or Damage (except as hereafter excluded) but

described above, against the risks described above, whilst As Shown in the


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Overhaul Cost of any Unit repaired or replaced as the used time bears to


(e) No claim shall be payable under this Section if other insurance which is payable in consequence of loss or

behalf of the Insured without the




s in the care, custody or control of the Assured on the ground, or is being carried


described above, against the risks described above, whilst As Shown in the




(a) Loss of or damage to any such property occurring at any time after the commencement of the oper

it to or placing it on board the aircraft to which it is destined.

(b) Loss of or damage to an Engine occurring during the running or testing thereof.

(c) Mechanical or electrical derangement.

(d) Loss or damage caused by wear, tear or

(e) Loss or damage caused by or resulting from neglect of the Assured to use reasonable means to save and

preserve the property at the time of and after any loss or damage.

(f) Loss of or damage to any property which has been detache

refitted to the aircraft and not to be replaced by other property.

(g) Loss of or damage to any property hereby insured which may be sustained whilst the same is under any

process and directly resulting therefrom.

(h) Property carried in an aircraft as a spare parts kit.

(i) Property fitted to or forming part of an aircraft.

(j) The property of others carried or stored by the Assured for hire or reward.

(k) Mysterious disappearance or unexplained loss or shorta

5. This Policy is subject to the Nuclear Risks Exclusion Clause AVN71.

6. This Policy does not cover claims caused by :

(a) War, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil

revolution, insurrection, martial law, military or usurped power or attempts at usurpation of power.

(b) Any hostile detonation of any weapon of war employing atomic or nuclear fission and/or fusion or other like

reaction or radioactive force or matter.

(c) Strikes, riots, civil commotions or labour disturbances.

(d) Any act of one or more persons, whether or not agents of a sovereign power, for political or terrorist purposes

and whether the loss or damage resulting there from is acciden

(e) Any malicious act or act of sabotage.

(f) Confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or under

the order of any Government (whether civil military or de facto) or pub

(g) Hi-jacking or any unlawful seizure or wrongful exercise of control of the Aircraft or crew in flight (including any

attempt at such seizure or control) made by any person or persons on board the Aircraft acting without the

of the Assured.

An aircraft being outside the control of the Assured by reason of a peril excluded by paragraphs (f) or (g).

7. DEDUCTIBLE CLAUSE




(a) Loss of or damage to any such property occurring at any time after the commencement of the oper

it to or placing it on board the aircraft to which it is destined.

(b) Loss of or damage to an Engine occurring during the running or testing thereof.

(c) Mechanical or electrical derangement.

(d) Loss or damage caused by wear, tear or gradual deterioration.


preserve the property at the time of and after any loss or damage.

(f) Loss of or damage to any property which has been detached from an aircraft and which is intended to be

refitted to the aircraft and not to be replaced by other property.


rom.

(h) Property carried in an aircraft as a spare parts kit.

(i) Property fitted to or forming part of an aircraft.

(j) The property of others carried or stored by the Assured for hire or reward.

(k) Mysterious disappearance or unexplained loss or shortage disclosed upon taking inventory.

This Policy is subject to the Nuclear Risks Exclusion Clause AVN71.

6. This Policy does not cover claims caused by :-

(a) War, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion,





whether the loss or damage resulting there from is accidental or intentional.


order of any Government (whether civil military or de facto) or public or local authority.

jacking or any unlawful seizure or wrongful exercise of control of the Aircraft or crew in flight (including any

attempt at such seizure or control) made by any person or persons on board the Aircraft acting without the



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

(a) Loss of or damage to any such property occurring at any time after the commencement of the operation of fitting


d from an aircraft and which is intended to be


ge disclosed upon taking inventory.

war, rebellion,






attempt at such seizure or control) made by any person or persons on board the Aircraft acting without the consent





Each claim for loss or damage arising out of one event shall be adjusted separately and from the

adjusted claim the sum of US$ 5,000 each and every loss shall be deducted but claims for loss or damage caused

fire, wind, tornado and cyclone shall be paid in full.

8. LIMITS OF LIABILITY

The liability of the Underwriters shall not exce

1. US$ …………….. any one occurrence

2. US$ …………….. any one sending

3. The cost of repair or the cost of replacement or the insured value, whichever shall be the least amount, in

respect of any one item of property.

9. SALVAGE AND RECOVERIES CLAUSE

All salvages, recoveries and payments recovered or received subsequent to a loss settlement under this Policy

be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be

parties thereto.

10. LOSS CLAUSE

Any loss hereunder shall not reduce the amount of this Policy.

SECTION III

1. Coverage

The Insurers will indemnify the Insured for all sums which the Insured shall become legally

pay, as compensatory damages (including costs awarded against the

(fatal or otherwise) and accidental damage to

therefrom.

Employees and Others


The Insurers shall not be liable for

(a) injury (fatal or otherwise) or loss sustained by any director or employee of the Insured or

whilst acting in the course of his employment with or duties for

Operational Crew

(b) injury (fatal or otherwise) or loss sustained by any member of the flight, cabin or other crew

the operation of the Aircraft;

Passengers




Each claim for loss or damage arising out of one event shall be adjusted separately and from the

adjusted claim the sum of US$ 5,000 each and every loss shall be deducted but claims for loss or damage caused

fire, wind, tornado and cyclone shall be paid in full.

The liability of the Underwriters shall not exceed:-


9. SALVAGE AND RECOVERIES CLAUSE

salvages, recoveries and payments recovered or received subsequent to a loss settlement under this Policy

be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be

Any loss hereunder shall not reduce the amount of this Policy.

SECTION III - A LEGAL LIABILITY TO THIRD PARTIES

(OTHER THAN PASSENGERS)

The Insurers will indemnify the Insured for all sums which the Insured shall become legally

pay, as compensatory damages (including costs awarded against the Insured) in respect of accidental bodily injury

(fatal or otherwise) and accidental damage to property caused by the Aircraft or by any person or object falling


(a) injury (fatal or otherwise) or loss sustained by any director or employee of the Insured or partner in the Insured's business

acting in the course of his employment with or duties for the Insured;

(b) injury (fatal or otherwise) or loss sustained by any member of the flight, cabin or other crew


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

Each claim for loss or damage arising out of one event shall be adjusted separately and from the amount of such

adjusted claim the sum of US$ 5,000 each and every loss shall be deducted but claims for loss or damage caused by


salvages, recoveries and payments recovered or received subsequent to a loss settlement under this Policy shall

be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the

The Insurers will indemnify the Insured for all sums which the Insured shall become legally liable to pay, and shall

Insured) in respect of accidental bodily injury

property caused by the Aircraft or by any person or object falling

partner in the Insured's business

(b) injury (fatal or otherwise) or loss sustained by any member of the flight, cabin or other crew whilst engaged in




(c) injury (fatal or otherwise) or loss sustained by any passenger whilst entering, on board, or

Aircraft;

Property

(d) loss of or damage to any property belonging to or in the care, custody or control of the Insured;

Noise and Pollution and Other Perils

(e) claims excluded by the attached Noise and Pollution and Other Perils Exclusion Clause.

3. Limits of Indemnity applicable to this Section

The liability of the Insurers under this Section shall not exceed the amounts stated

any amounts under Part 6(B). The Insurers will defray in addition any

written consent in defending any action which may

compensatory damages covered by this Section, but should the amount paid or awarded in settlement of such claim

exceed the Limit of Indemnity then the liability of the Insurers in respect of such legal costs and expenses

limited to such proportion of the said legal costs and expenses as the Limit of

for compensatory damages.

SECTION III

1. Coverage

The Insurers will indemnify the Insured in respect of

and shall pay, as compensatory damages (including costs awarded

(a) accidental bodily injury (fatal or otherwise) to passengers whilst entering, on board, or

and

(b) loss of or damage to baggage and personal articles of passengers arising out of an Accident

to the Aircraft.

Documentary Precautions

Provided always that

(i) before a passenger boards the Aircraft the Insured shall

liability for claims under (a) and (b) above to the extent

(ii) if the measures referred to in proviso (i) above include the issue of a passenger

shall be delivered correctly completed to the passenger a




(c) injury (fatal or otherwise) or loss sustained by any passenger whilst entering, on board, or


(e) claims excluded by the attached Noise and Pollution and Other Perils Exclusion Clause.

Limits of Indemnity applicable to this Section

The liability of the Insurers under this Section shall not exceed the amounts stated in Part 6(C)

any amounts under Part 6(B). The Insurers will defray in addition any legal costs and expenses incurred with their

written consent in defending any action which may be brought against the Insured in respect of any claim

this Section, but should the amount paid or awarded in settlement of such claim

Limit of Indemnity then the liability of the Insurers in respect of such legal costs and expenses

tion of the said legal costs and expenses as the Limit of Indemnity bears to the amount paid

See also Section IV

SECTION III - B LEGAL LIABILITY TO PASSENGERS

The Insurers will indemnify the Insured in respect of all sums which the Insured shall become

and shall pay, as compensatory damages (including costs awarded against the Insured) in respect of

(a) accidental bodily injury (fatal or otherwise) to passengers whilst entering, on board, or alighting from the Aircraft


(i) before a passenger boards the Aircraft the Insured shall take such measures as arenecessary to exclude or limit

liability for claims under (a) and (b) above to the extent permitted by law;

(ii) if the measures referred to in proviso (i) above include the issue of a passenger ticket/baggage check, the same

be delivered correctly completed to the passenger a reasonable time before the passenger boards the Aircraft.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

(c) injury (fatal or otherwise) or loss sustained by any passenger whilst entering, on board, or alighting from the


in Part 6(C) of the Schedule, less

legal costs and expenses incurred with their

be brought against the Insured in respect of any claim for

this Section, but should the amount paid or awarded in settlement of such claim

Limit of Indemnity then the liability of the Insurers in respect of such legal costs and expenses shall be

Indemnity bears to the amount paid

all sums which the Insured shall become legally liable to pay,

against the Insured) in respect of

alighting from the Aircraft


take such measures as arenecessary to exclude or limit

ticket/baggage check, the same

reasonable time before the passenger boards the Aircraft.




Effect of Non-Compliance

In the event of failure to comply with proviso (i) or (ii) the liability of the Insurers under

exceed the amount of the legal liability, if any, that would have


The Insurers shall not be liable for injury (fatal or otherwise) or loss sustained by any

Employees and Others

(a) director or employee of the Insured or partner in the Insured's business whilst acting in the

employment with or duties for the Insured;

Operational Crew

(b) member of the flight, cabin or other crew whilst engaged

3. Limits of Indemnity applicable to this Section

The liability of the Insurers under this Section shall not exceed the amounts stated in Part 6

any amounts under Part 6 (B). The Insurers will

written consent in defending any action

compensatory damages covered by this Section, but should the amount paid or awa

exceed the Limit of Indemnity then the liability of the Insurers in respect of such legal costs

limited to such proportion of the said legal costs and expenses as the

for compensatory damages.

(A) GENERAL EXCLUSIONS APPLICABLE TO ALL SECTIONS

This Policy does not apply

Illegal Uses

1. Whilst the Aircraft is being used for any illegal purpose or for any purpose other than

Schedule and as defined in the Definitions.

Geographical Limits

2. Whilst the Aircraft is outside the geographical limits stated in Part 5 of the Schedule unless due to

Pilots

3. Whilst the Aircraft is being piloted by any person other than as stated in Part 4 of the Schedule

Aircraft may be operated on the ground by any person competent for that purpose.

Transportation by other Conveyance




In the event of failure to comply with proviso (i) or (ii) the liability of the Insurers under

exceed the amount of the legal liability, if any, that would have existed had the proviso been complied with


The Insurers shall not be liable for injury (fatal or otherwise) or loss sustained by any

(a) director or employee of the Insured or partner in the Insured's business whilst acting in the

employment with or duties for the Insured;

(b) member of the flight, cabin or other crew whilst engaged in the operation of the Aircraft.

Limits of Indemnity applicable to this Section

The liability of the Insurers under this Section shall not exceed the amounts stated in Part 6

any amounts under Part 6 (B). The Insurers will defray in addition any legal costs and expenses incurred with their

written consent in defending any action which may be brought against the Insured in respect of any claim for

covered by this Section, but should the amount paid or awarded in settlement of such claim

exceed the Limit of Indemnity then the liability of the Insurers in respect of such legal costs

limited to such proportion of the said legal costs and expenses as the Limit of Indemnity bears to the am

See also Section V

SECTION IV

(A) GENERAL EXCLUSIONS APPLICABLE TO ALL SECTIONS

1. Whilst the Aircraft is being used for any illegal purpose or for any purpose other than those stated in

Schedule and as defined in the Definitions.

2. Whilst the Aircraft is outside the geographical limits stated in Part 5 of the Schedule unless due to

piloted by any person other than as stated in Part 4 of the Schedule

Aircraft may be operated on the ground by any person competent for that purpose.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

In the event of failure to comply with proviso (i) or (ii) the liability of the Insurers under this Section shall not

existed had the proviso been complied with.

(a) director or employee of the Insured or partner in the Insured's business whilst acting in the course of his

(C) of the Schedule, less

any legal costs and expenses incurred with their

which may be brought against the Insured in respect of any claim for

rded in settlement of such claim

exceed the Limit of Indemnity then the liability of the Insurers in respect of such legal costs and expenses shall be

Limit of Indemnity bears to the amount paid

those stated in Part 3 of the

2. Whilst the Aircraft is outside the geographical limits stated in Part 5 of the Schedule unless due to force majeure.

piloted by any person other than as stated in Part 4 of the Schedule except that the




4. Whilst the Aircraft is being transported by any mea

to a claim under Section I of this Policy.

Landing and Take-off Areas

5. Whilst the Aircraft is landing on or taking off or attempting to do so from a place which does not

recommendations laid down by the manufacturer of the Aircraft except as a result

Contractual Liability

6. To liability assumed or rights waived by the Insured under any agreement (other than a passenger

check issued under Section III hereof) except to the extent that such liability would

the absence of such agreement.

Number of Passengers

7. Whilst the total number of passengers being carried in the Aircraft exceeds the declared maximum

passengers stated in Part 2(4) of the Schedule.

Non-Contribution

8. To claims which are payable under any other policy or policies except in respect of any excess

which would have been payable under such other policy or policies ha

Nuclear Risks

9. To claims excluded by the attached Nuclear Risks Exclusion Clause.

(B) CONDITIONS PRECEDENT APPLICABLE TO ALL SECTIONS

It is necessary that the Insured observes and fulfils the following Condit

make any payment under this Policy.

Due Diligence

1. The Insured shall at all times use due dilligence and do and concur in doing everything practicable

accidents and to avoid or diminish any loss hereon.

Compliance with Air Navigation Orders etc.

2. The Insured shall comply with all air navigation and airworthiness orders and requirements issued

competent authority affecting the safe operation of the Aircraft and shall ensure that

(a) the Aircraft is airworthy at the commencement of each Flight;

(b) all Log Books and other records in connection with the Aircraft which are required by any official

force from time to time shall be kept up to date and shall be produced to the

(c) the employees and agents of the Insured comply with such orders and requirements.

Claims Procedure

3. Immediate notice of any event likely to give rise to a claim under this Policy shall be given as stated

in Part 8 of the Schedule. In all cases the Insured shall




4. Whilst the Aircraft is being transported by any means of conveyance except as the result of an

5. Whilst the Aircraft is landing on or taking off or attempting to do so from a place which does not

recommendations laid down by the manufacturer of the Aircraft except as a result of force majeure.

6. To liability assumed or rights waived by the Insured under any agreement (other than a passenger

Section III hereof) except to the extent that such liability would have attached to the Insured in

7. Whilst the total number of passengers being carried in the Aircraft exceeds the declared maximum

passengers stated in Part 2(4) of the Schedule.

8. To claims which are payable under any other policy or policies except in respect of any excess

which would have been payable under such other policy or policies had this insurance not been effected.

9. To claims excluded by the attached Nuclear Risks Exclusion Clause.

(B) CONDITIONS PRECEDENT APPLICABLE TO ALL SECTIONS

It is necessary that the Insured observes and fulfils the following Conditions before the Insurer

1. The Insured shall at all times use due dilligence and do and concur in doing everything practicable

accidents and to avoid or diminish any loss hereon.

2. The Insured shall comply with all air navigation and airworthiness orders and requirements issued

competent authority affecting the safe operation of the Aircraft and shall ensure that

is airworthy at the commencement of each Flight;

(b) all Log Books and other records in connection with the Aircraft which are required by any official

force from time to time shall be kept up to date and shall be produced to the Insurers or their Agents on request;

(c) the employees and agents of the Insured comply with such orders and requirements.


Schedule. In all cases the Insured shall


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ns of conveyance except as the result of an Accident giving rise

5. Whilst the Aircraft is landing on or taking off or attempting to do so from a place which does not comply with the

6. To liability assumed or rights waived by the Insured under any agreement (other than a passenger ticket/baggage

have attached to the Insured in

7. Whilst the total number of passengers being carried in the Aircraft exceeds the declared maximum number of

8. To claims which are payable under any other policy or policies except in respect of any excess beyond the amount

insurance not been effected.

before the Insurer have any liability to

1. The Insured shall at all times use due dilligence and do and concur in doing everything practicable to avoid

2. The Insured shall comply with all air navigation and airworthiness orders and requirements issued by any

(b) all Log Books and other records in connection with the Aircraft which are required by any official regulations in

r their Agents on request;





(a) furnish full particulars in writing of such event and forward immediately notice of any claim with

documents relating thereto;

(b) give notice of any impending prosecution;

(c) render such further information and assistance as the Insurers may reasonably require;

(d) not act in any way to the detriment or prejudice of the interest of the Insurers.

The Insured shall not make any admission of liability or payment or offer or promise of

written consent of the Insurers.

(C) GENERAL CONDITIONS APPLICABLE TO ALL SECTIONS

Claims Control

1. The Insurers shall be entitled (if they so elect) at any time and for so long as they desire to take

all negotiations and proceedings and in the name of the Insured to settle,

Subrogation

2. Upon an indemnity being given or a payment being made by the Insurers under this Policy, they

subrogated to the rights and remedies of the Insur

the Insurers to exercise such rights and remedies.

Variation inRisk

3. Should there be any change in the circumstances or nature of the risks which are the basis of this

Insured shall give immediate notice thereof to the Insurers and no claim arising

recoverable hereunder unless such change has been

Cancellation

4. This Policy may be cancelled by either the

cancellation. If cancelled by the Insurers they will return a pro rata portion of the premium in

unexpired period of the Policy. If cancelled by the Insured a return of premium

Insurers. There will be no return of premium in respect of any Aircraft on

this Policy.

Assignment

5. This Policy shall not be assigned in whole or in part except with the consen

endorsement hereon.

Not Marine Insurance

6. This Policy is not and the parties hereto expressly agree that it shall not be construed as a policy of

insurance.

Arbitration




(a) furnish full particulars in writing of such event and forward immediately notice of any claim with

(b) give notice of any impending prosecution;

r information and assistance as the Insurers may reasonably require;

(d) not act in any way to the detriment or prejudice of the interest of the Insurers.

The Insured shall not make any admission of liability or payment or offer or promise of

(C) GENERAL CONDITIONS APPLICABLE TO ALL SECTIONS

1. The Insurers shall be entitled (if they so elect) at any time and for so long as they desire to take

and proceedings and in the name of the Insured to settle, defend or pursue any claim.

2. Upon an indemnity being given or a payment being made by the Insurers under this Policy, they

subrogated to the rights and remedies of the Insured who shall co-operate with and do all things necessary to assist

the Insurers to exercise such rights and remedies.

3. Should there be any change in the circumstances or nature of the risks which are the basis of this

Insured shall give immediate notice thereof to the Insurers and no claim arising subsequent to such change shall be

recoverable hereunder unless such change has been accepted by the Insurers.

4. This Policy may be cancelled by either the Insurers or the Insured giving 10 days notice in writing of

cancellation. If cancelled by the Insurers they will return a pro rata portion of the premium in

unexpired period of the Policy. If cancelled by the Insured a return of premium shall be at the discretion of the

Insurers. There will be no return of premium in respect of any Aircraft on which a loss is paid or is payable under

5. This Policy shall not be assigned in whole or in part except with the consent of the Insurers verified

6. This Policy is not and the parties hereto expressly agree that it shall not be construed as a policy of


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(a) furnish full particulars in writing of such event and forward immediately notice of any claim with any letters or

The Insured shall not make any admission of liability or payment or offer or promise of payment without the

1. The Insurers shall be entitled (if they so elect) at any time and for so long as they desire to take absolute control of

defend or pursue any claim.

2. Upon an indemnity being given or a payment being made by the Insurers under this Policy, they shall be

things necessary to assist

3. Should there be any change in the circumstances or nature of the risks which are the basis of this contract the

subsequent to such change shall be

Insurers or the Insured giving 10 days notice in writing of such

cancellation. If cancelled by the Insurers they will return a pro rata portion of the premium in respect of the

be at the discretion of the

which a loss is paid or is payable under

t of the Insurers verified by

6. This Policy is not and the parties hereto expressly agree that it shall not be construed as a policy of marine




7. This Policy shall be construed in accor

and the Insurers shall be submitted to arbitration in India in accordance with

for the time being in force.

Two or More Aircraft

8. When two or more Aircraft are insured hereunder the terms of this Policy apply separately to each.

Limit(s) of Indemnity

11. Notwithstanding the inclusion herein of more than one Insured, whether by endorsement or

liability of the Insurers in respect of any or all Insureds shall not exceed the

Policy.

False and Fraudulent Claims

12. If the Insured shall make any claim knowing the same to be false or fraudulent as regards amount

this Policy shall become void and all claims hereunder shall be forfeited.

(D) DEFINITIONS

1. "ACCIDENT" means any one accident or series of accidents arising out of one event.

2. "UNIT" means a part or an assembly of parts (including any sub

assigned an Overhaul Life as a part or an assembly. Nevertheless, an engine complete

attached when removed for the purpose of overhaul or replacement, shall

3. "OVERHAUL LIFE" means the amount of use, or operational and/or calendar time which, according

Airworthiness Authority, determines when overhaul or replacement of a Unit is required.

4. "OVERHAUL COST" means the costs of labour and materials which are or woul

replacement (whichever is necessary) at the end of the Overhaul Life of the damaged

5. "PRIVATE PLEASURE" means use for private and pleasure purposes but NOT use for any

nor for hire or reward.

6. "BUSINESS" means the uses stated in Private Pleasure and use for business or professional

for hire or reward.

7. "COMMERCIAL" means the uses stated in Private Pleasure and Business and use for the carriage

of passengers, baggage accompanying passengers and cargo for hire or reward.

8. "RENTAL" means rental, lease, charter or hire by the Insured to any person, company or

Pleasure and Business uses only, where the operation of the Ai

for any other purpose is NOT insured under this Policy

RENTAL USES in the Schedule.




7. This Policy shall be construed in accordance with Indian Law and any dispute or difference

and the Insurers shall be submitted to arbitration in India in accordance with the Statutory provision for arbitration

or more Aircraft are insured hereunder the terms of this Policy apply separately to each.


respect of any or all Insureds shall not exceed the Limit(s) of Indemnity stated in this

12. If the Insured shall make any claim knowing the same to be false or fraudulent as regards amount

shall become void and all claims hereunder shall be forfeited.

1. "ACCIDENT" means any one accident or series of accidents arising out of one event.

2. "UNIT" means a part or an assembly of parts (including any sub-assemblies) of the Aircraft which

assigned an Overhaul Life as a part or an assembly. Nevertheless, an engine complete

attached when removed for the purpose of overhaul or replacement, shall together constitute a single Unit.

LIFE" means the amount of use, or operational and/or calendar time which, according

Airworthiness Authority, determines when overhaul or replacement of a Unit is required.

4. "OVERHAUL COST" means the costs of labour and materials which are or would be incurred in

replacement (whichever is necessary) at the end of the Overhaul Life of the damaged or a similar Unit.

5. "PRIVATE PLEASURE" means use for private and pleasure purposes but NOT use for any

6. "BUSINESS" means the uses stated in Private Pleasure and use for business or professional

7. "COMMERCIAL" means the uses stated in Private Pleasure and Business and use for the carriage

of passengers, baggage accompanying passengers and cargo for hire or reward.

8. "RENTAL" means rental, lease, charter or hire by the Insured to any person, company or

Pleasure and Business uses only, where the operation of the Aircraft is not under the control of the Insured. Rental

for any other purpose is NOT insured under this Policy unless specifically declared to Insurers under SPECIAL


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dance with Indian Law and any dispute or difference between the Insured

the Statutory provision for arbitration

or more Aircraft are insured hereunder the terms of this Policy apply separately to each.

11. Notwithstanding the inclusion herein of more than one Insured, whether by endorsement or otherwise, the total

Limit(s) of Indemnity stated in this

12. If the Insured shall make any claim knowing the same to be false or fraudulent as regards amount or otherwise

Aircraft which has been

with all parts normally

together constitute a single Unit.

LIFE" means the amount of use, or operational and/or calendar time which, according to the

d be incurred in overhaul or

or a similar Unit.

5. "PRIVATE PLEASURE" means use for private and pleasure purposes but NOT use for any business or profession

6. "BUSINESS" means the uses stated in Private Pleasure and use for business or professional purposes but NOT use

7. "COMMERCIAL" means the uses stated in Private Pleasure and Business and use for the carriage by the Insured

organization for Private

under the control of the Insured. Rental

unless specifically declared to Insurers under SPECIAL




Definitions 5, 6, 7 and 8 constitute Standard Uses and

fighting, the intentional dropping, spraying or release of anything, any form of

and any other use involving abnormal hazard, but when cover is

the Schedule under SPECIAL USES.

9. "FLIGHT" means from the time the Aircraft moves forward in taking off or attempting to take off,

and until the Aircraft completes its landing run. A rotary

rotors are in motion as a result of engine power, the momentum

10 "TAXIING" means movement of the Aircraft under its own power other than in Flight as defined.

not be deemed to cease merely by reason of a temporary halting of the Aircraft.

11 "MOORED" means, in the case of aircraft designed to land on water, whilst the Aircraft is afloat and

Flight or Taxiing as defined, and includes the risks of

12 "GROUND" means whilst the Aircraft is not in Flight or Taxiing or Moored as defined above.

ATTACHING TO AND FORMING PART OF POLICY NUMBER:

ISSUED TO :- ………………………………………………….. and as more fully set forth

It is understood and agreed that effective inception this Policy is subject to the following:

(i) This Policy is subject to the following attached Endorsements/Clauses as applicable:

Kin Geographical Areas Exclusion Clause LSW617F

Passenger Voluntary Settlement Endorsement AVN 34A

Premium Payment Clause LSW 3000 amended

Additions and Deletions (AVN 19A)

Nuclear Risks Exclusion Clause (AVN 38B)

Noise and Pollution and Other Perils Exclusion Clause (AVN 46B) Amended

War, Hi-Jacking and Other Perils Exclusion Clause (AVN 48B)

Extended Coverage Endorsement (Aviation Liabilities) (AVN 52E)

Agreed Value Clause (AVN 61) amended

Contracts (Rights of Third Parties) Act 1999 Exclusion Clause (AVN 72)

Supplementary Payments Clause (AVN 76) Amended

Medical and Funeral Expenses Inclusion Clause (AVN 80)

Date Recognition Exclusion Clause (AVN 2000A)

Date Recognition Limited Coverage Clause AVN 2001A

Asbestos Exclusion Clause 2488 AGM 00003

Liability to Pilots and Crew AVN 73

Pilot Indemnity Clause AVN 74

Cargo Legal Liability Endorsement (AVN 92)




Definitions 5, 6, 7 and 8 constitute Standard Uses and do not include instruction, aerobatics,

fighting, the intentional dropping, spraying or release of anything, any form of experimental or competitive flying,

and any other use involving abnormal hazard, but when cover is provided details of such use(s) are stated Part 3 of

9. "FLIGHT" means from the time the Aircraft moves forward in taking off or attempting to take off,

and until the Aircraft completes its landing run. A rotary-wing aircraft shall be deemed to be in Flight when the

rotors are in motion as a result of engine power, the momentum generated therefrom, or autorotation.

10 "TAXIING" means movement of the Aircraft under its own power other than in Flight as defined.

not be deemed to cease merely by reason of a temporary halting of the Aircraft.

11 "MOORED" means, in the case of aircraft designed to land on water, whilst the Aircraft is afloat and

Flight or Taxiing as defined, and includes the risks of launching and hauling up.\


ENDORSEMENT NUMBER 1


………………………………………………….. and as more fully set forth in the Schedule.

It is understood and agreed that effective inception this Policy is subject to the following:-

(i) This Policy is subject to the following attached Endorsements/Clauses as applicable:-

Kin Geographical Areas Exclusion Clause LSW617F amended

Passenger Voluntary Settlement Endorsement AVN 34A

Premium Payment Clause LSW 3000 amended

Noise and Pollution and Other Perils Exclusion Clause (AVN 46B) Amended

cking and Other Perils Exclusion Clause (AVN 48B)

Extended Coverage Endorsement (Aviation Liabilities) (AVN 52E)

Contracts (Rights of Third Parties) Act 1999 Exclusion Clause (AVN 72)

76) Amended

Medical and Funeral Expenses Inclusion Clause (AVN 80)

Date Recognition Exclusion Clause (AVN 2000A)

Date Recognition Limited Coverage Clause AVN 2001A

Asbestos Exclusion Clause 2488 AGM 00003

Cargo Legal Liability Endorsement (AVN 92)


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

instruction, aerobatics, hunting, patrol, fire-

experimental or competitive flying,

such use(s) are stated Part 3 of

9. "FLIGHT" means from the time the Aircraft moves forward in taking off or attempting to take off, whilst in the air,

deemed to be in Flight when the

generated therefrom, or autorotation.

10 "TAXIING" means movement of the Aircraft under its own power other than in Flight as defined. Taxiing shall

11 "MOORED" means, in the case of aircraft designed to land on water, whilst the Aircraft is afloat and is not in


in the Schedule.




Profit Commission On Renewal Clause (On Hull)

(ii) In the event that an Aircraft insured hereon is fitted with a leased Engine(s), the Agreed Value of the Aircraft to

which such Leased Engine(s) is attached is automatically increased by the Agreed Value of the Leased

is installed, subject always to the maximum Agreed Value hereon not being exceeded

hereon.

(iv) Additional Insureds, Hold Harmless Agreement, Waivers of Subrogration, Breach of Warranty Assingments,

and Contractual Agreements and New Agreements entered into by the Original Insured during the

subject approval of the Insurers except those

New aircraft leases subject to AVN 67B or amendment thereto or replacement thereof.

(v) Agree to include Liability Coverage including Bodily Injury/Property Damage to any charter or cu

employess) who are included as additional /joint Assureds under the original policy.

(vi) Coverage includes Civil Aviation Authority, India mandatory requirements.

(vii) Agree to include all Insurance provisions as included withi

(viii) Agree to include ……………… as an Additional Insured for their respective rights and interests.

(viii) Agree to include all Insurance provisions as included within the Sale and Operating Lease Back

Owner :……………………………………………………, Lessor :………………………..,

(viii) Insurers agree to Waiver of Subrogation in favour of ……………….. and/or their affiliated companies.

(ix) Agreed to include Non-Ownership Liability for any type

not exceeding ……… any one Aircraft.

(x) Wherever the words ‘Insured’ and ‘Assured’ appear herein they shall be deemed to be synonymous, and

‘Insurers’ and ‘Underwriters’ appear they shall also be deemed to be synonymous.

ALL OTHER TERMS, CONDITIONS, LIMITATIONS AND EXCLUSIONS REMAIN UNCHANGED.

KILN GEOGRAPHIC AREAS EXCLUSION CLAUSE LSW 617F AMENDED 1. This policy excludes loss, damage or expense arising from any of

regions:

a) Cabinda, Burundi, Central African Republic, Congo, Democratic Republic of Congo,

Liberia, Sierra Leone, Somalia.




Profit Commission On Renewal Clause (On Hull)


attached is automatically increased by the Agreed Value of the Leased

is installed, subject always to the maximum Agreed Value hereon not being exceeded & benefits of salvage to the Insurers

old Harmless Agreement, Waivers of Subrogration, Breach of Warranty Assingments,

and Contractual Agreements and New Agreements entered into by the Original Insured during the

entered into in pursuance of the Insurers usual business operations.

New aircraft leases subject to AVN 67B or amendment thereto or replacement thereof.

(v) Agree to include Liability Coverage including Bodily Injury/Property Damage to any charter or cu

employess) who are included as additional /joint Assureds under the original policy.

(vi) Coverage includes Civil Aviation Authority, India mandatory requirements.

(vii) Agree to include all Insurance provisions as included within the purchase agreement between ………


(viii) Agree to include all Insurance provisions as included within the Sale and Operating Lease Back

Owner :……………………………………………………, Lessor :……………………….., Lessee : ……………………………


Ownership Liability for any type of Aircraft up to Policy Limits hereon, subject to

(x) Wherever the words ‘Insured’ and ‘Assured’ appear herein they shall be deemed to be synonymous, and

s’ appear they shall also be deemed to be synonymous.


KILN GEOGRAPHIC AREAS EXCLUSION CLAUSE LSW 617F AMENDED

1. This policy excludes loss, damage or expense arising from any of the following countries and

a) Cabinda, Burundi, Central African Republic, Congo, Democratic Republic of Congo, Eritrea, Ethiopia, Ivory Coast,


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


attached is automatically increased by the Agreed Value of the Leased Engine(s) for the period it

& benefits of salvage to the Insurers

old Harmless Agreement, Waivers of Subrogration, Breach of Warranty Assingments, Loss Payees

and Contractual Agreements and New Agreements entered into by the Original Insured during the Period of Insurance are

usual business operations.

(v) Agree to include Liability Coverage including Bodily Injury/Property Damage to any charter or customers (including their

n the purchase agreement between ……… and …………


(viii) Agree to include all Insurance provisions as included within the Sale and Operating Lease Back Agreement between,

Lessee : ……………………………


of Aircraft up to Policy Limits hereon, subject to passenger seating

(x) Wherever the words ‘Insured’ and ‘Assured’ appear herein they shall be deemed to be synonymous, and wherever the words



the following countries and

Eritrea, Ethiopia, Ivory Coast,




b) Colombia, Ecuador, Peru.

c) Checheno / Ingushskaya and Nagorna- Kara

d) Iraq, Syria

e) Any operations where the operations of the insured aircraft is in breach of United Nations sanctions.

2. However coverage pursuant to this Policy is granted:

a) for the over flight of any excluded country where the flight is within

performed in accordance with I.C.A.O. recommendations; or

b) in circumstances where an insured Aircraft has landed in an excluded as a direct consequence and

force majeure subject advice to Underwriters within 72 hours.

3. Any excluded country may be covered by underwriters at terms to be agreed by the Slip Leader only




Karabakh



a) for the over flight of any excluded country where the flight is within an internationally recognised air

performed in accordance with I.C.A.O. recommendations; or

b) in circumstances where an insured Aircraft has landed in an excluded as a direct consequence and

advice to Underwriters within 72 hours.

3. Any excluded country may be covered by underwriters at terms to be agreed by the Slip Leader only


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an internationally recognised air corridor and is

b) in circumstances where an insured Aircraft has landed in an excluded as a direct consequence and exclusively as a result of

3. Any excluded country may be covered by underwriters at terms to be agreed by the Slip Leader only prior to flight.




PASSENGER VOLUNTARY SETTLEMENT ENDORSEMENT

1. In consideration of ‘Nil’ additional premium

legal liability of the Named Insured offer settlement on the basis of the benefits hereinafter set forth in respect of

bodily injury sustained by any passenger caused by an Accident pr

causing such bodily injury the Passenger Liability Section of the Policy is effective in respect of such accident.

2. LIMITS OF SETTLEMENT

For death or for total loss of two limbs or total loss of sight of two eyes

(or any combination thereof) the amount offered shall not exceed the amount expressed as the

passenger" shown below; or For total loss of one limb or total loss of

of the amount expressed as the limit of settlement for "each passenger" shown below.

by loss of limbs or sight the amount offered shall not exceed the

passengershown below. Subject to the limit for "each passenger" the total of the amounts which the Insurers shall offer on

account of bodily injury sustained by two or more passengers in any one acciden

as the limit of settlement for "each accident" shown below.

3. DEFINITIONS

“ACCIDENT” means any one accident or series of accidents arising out of one event.

"LOSS OF A LIMB" means loss by physical separation of a

"TOTAL LOSS OF SIGHT" means loss of sight which is certified as being entire and irrecoverable by a licensed

ophthalmologist.

"PERMANENT TOTAL DISABLEMENT" means disablement which has for twelv

necessarily and continuously disabled the passenger from attending to business or occupation of any

no business or occupation confined him immediately and continuously to the house

his usual duties (if any) and at the expiry of that twelve months

4. ADDITIONAL EXCLUSIONS

The Insurers shall not be liable under the terms of this Endorsement

(a) for any payment which may be used to satisfy that obligation for which the Insured or any Company as his

held liable under workers compensation, employers liability, unemployment compensation

similar law;

(b) for bodily injury to any passenger caused by his suicide or attempted suicide or intentional self

criminal or felonious act or by his own act whilst in a state of insanity or intoxication;

c) for bodily injury to any passenger caused by disease or natur

treatment is rendered necessary by bodily injury caused by Accident within the scope of

(d) for bodily injury to any passenger carried for hire or reward;

(e) for bodily injury to any member of the flight or cabin crew.

5. ADDITIONAL CONDITIONS

(a) The Insured shall furnish, as soon as practicable after each request from the Insurers, reasonably

pertaining to injury sustained by passengers. In the event




PASSENGER VOLUNTARY SETTLEMENT ENDORSEMENT

1. In consideration of ‘Nil’ additional premium it is agreed that the Insurers will at the request of and regardless of


bodily injury sustained by any passenger caused by an Accident provided that at the time of such Accident


For death or for total loss of two limbs or total loss of sight of two eyes or total loss of one limb and total loss of

(or any combination thereof) the amount offered shall not exceed the amount expressed as the limit of settlement for "each

For total loss of one limb or total loss of sight of one eye the amount offered shall not exceed one half

amount expressed as the limit of settlement for "each passenger" shown below. For permanent total disablement other than

by loss of limbs or sight the amount offered shall not exceed the amount expressed as the limit of settlement for "each

Subject to the limit for "each passenger" the total of the amounts which the Insurers shall offer on

bodily injury sustained by two or more passengers in any one accident shall not exceed the amount expressed

as the limit of settlement for "each accident" shown below.

“ACCIDENT” means any one accident or series of accidents arising out of one event.

"LOSS OF A LIMB" means loss by physical separation of a hand at or above the wrist or of a foot at or above


"PERMANENT TOTAL DISABLEMENT" means disablement which has for twelve months from the date of the

necessarily and continuously disabled the passenger from attending to business or occupation of any

no business or occupation confined him immediately and continuously to the house and prevented him from attending to any of

his usual duties (if any) and at the expiry of that twelve months period being beyond hope of improvement.

The Insurers shall not be liable under the terms of this Endorsement

which may be used to satisfy that obligation for which the Insured or any Company as his

held liable under workers compensation, employers liability, unemployment compensation or disability benefits law or any

injury to any passenger caused by his suicide or attempted suicide or intentional self-injury or own

criminal or felonious act or by his own act whilst in a state of insanity or intoxication;

c) for bodily injury to any passenger caused by disease or natural causes, or medical or surgical treatment

treatment is rendered necessary by bodily injury caused by Accident within the scope of this Endorsement);

(d) for bodily injury to any passenger carried for hire or reward;

ry to any member of the flight or cabin crew.

(a) The Insured shall furnish, as soon as practicable after each request from the Insurers, reasonably

pertaining to injury sustained by passengers. In the event of death immediate notice must be sent to the Insurers.


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it is agreed that the Insurers will at the request of and regardless of


ovided that at the time of such Accident


or total loss of one limb and total loss of sight of one eye

limit of settlement for "each

sight of one eye the amount offered shall not exceed one half

For permanent total disablement other than

amount expressed as the limit of settlement for "each

Subject to the limit for "each passenger" the total of the amounts which the Insurers shall offer on

t shall not exceed the amount expressed

hand at or above the wrist or of a foot at or above the ankle.


e months from the date of the accident

and every kind or if he has

ented him from attending to any of

period being beyond hope of improvement.

which may be used to satisfy that obligation for which the Insured or any Company as his insurer may be

or disability benefits law or any

injury or own

al causes, or medical or surgical treatment (except where such

this Endorsement);

(a) The Insured shall furnish, as soon as practicable after each request from the Insurers, reasonably obtainable information

notice must be sent to the Insurers.




(b) In consideration of any settlement under the provisions of this Endorsement and as a condition

Insurers shall be provided with a full legal release for all claims for damag

protected by this Policy from the injured passenger

injured passenger or any person claiming by, through or under him shall fail to

the date of offering the voluntary settlement under the provisions of this Endorsement or to execute the

the Insurers may, at their option, withdraw the offered voluntary settlement,

Insurers will no longer be bound by the undertakings

voluntary settlement being made in respect of any passenger any claim suit or demand is made o

for damages on account of such bodily injury, such claim suit or demand shall be considered as refusal to

settlement and the obligations of the Insurers as expressed in the Passenger

Endorsement is attached, shall be available as fully and

Limits of Settlement

Each Passenger Each Accident

US$ ………………. US$ ……………..

It is understood and agreed that, except as specifically provided in the foregoing to the contrary, this Endorsement is

subject to the terms, exclusions, conditions and limitations of the policy to which it is attached.

AVN34A 30.4.02




(b) In consideration of any settlement under the provisions of this Endorsement and as a condition

Insurers shall be provided with a full legal release for all claims for damages against the Insured and/or any other party(ies)

protected by this Policy from the injured passenger and/or any person having a cause of action for such bodily injury. If the

person claiming by, through or under him shall fail to accept in writing within thirty (30) days from

date of offering the voluntary settlement under the provisions of this Endorsement or to execute the

the Insurers may, at their option, withdraw the offered voluntary settlement, without notice, in which circumstances the

Insurers will no longer be bound by the undertakings expressed in the preceding paragraphs. If subsequent to an offer of

respect of any passenger any claim suit or demand is made or prosecuted against the Insured

damages on account of such bodily injury, such claim suit or demand shall be considered as refusal to

settlement and the obligations of the Insurers as expressed in the Passenger Liability Section of the policy to which this

Endorsement is attached, shall be available as fully and completely as if this Endorsement had not been issued.

Accident

US$ ……………..

except as specifically provided in the foregoing to the contrary, this Endorsement is

subject to the terms, exclusions, conditions and limitations of the policy to which it is attached.


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(b) In consideration of any settlement under the provisions of this Endorsement and as a condition precedent thereto, the

against the Insured and/or any other party(ies)

and/or any person having a cause of action for such bodily injury. If the

accept in writing within thirty (30) days from

date of offering the voluntary settlement under the provisions of this Endorsement or to execute the necessary release then

thout notice, in which circumstances the

expressed in the preceding paragraphs. If subsequent to an offer of

r prosecuted against the Insured

damages on account of such bodily injury, such claim suit or demand shall be considered as refusal to accept such voluntary

of the policy to which this

completely as if this Endorsement had not been issued.

except as specifically provided in the foregoing to the contrary, this Endorsement is




The Insured undertakes that premium will be paid in full to Underwriters within 60 days of inception of this policy (or, in

respect of installment premiums, when due).

If the premium due under this policy has not been so paid to Underwriters by the 61

in respect of installment premiums, by the date they are due) Underwriters shall have the right to cancel this

the Insured via the broker in writing. In the event of cancellation, premium is due to

period that Underwriters are on risk but the full policy premium shall be payable to Underwriters

occurrence prior to the date of termination which gives rise to a valid claim under this p

It is agreed that Underwriters shall give not less than 30 days prior notice of cancellation to the Insured via the broker. I

premium due is paid in full to Underwriters before the notice period expires, notice of cancellation shall automatically

revoked. If not, the policy shall automatically terminate at the end of the notice period.

Unless otherwise agreed, the Leading Underwriter (and Agreement Parties if appropriate) are authorised to exercise

under this clause on their own behalf and on behalf of all Underwriters participating in this contract.

If any provision of this clause is found by any court or administrative body of competent jurisdiction to be invalid or

unenforceable, such invalidity or unenforceability will not affect th

force and effect.




PREMIUM PAYMENT CLAUSE

LSW 3000 AMENDED

Insured undertakes that premium will be paid in full to Underwriters within 60 days of inception of this policy (or, in

If the premium due under this policy has not been so paid to Underwriters by the 61st day from the inception of this

in respect of installment premiums, by the date they are due) Underwriters shall have the right to cancel this

the Insured via the broker in writing. In the event of cancellation, premium is due to Underwriters on

period that Underwriters are on risk but the full policy premium shall be payable to Underwriters

occurrence prior to the date of termination which gives rise to a valid claim under this policy.

It is agreed that Underwriters shall give not less than 30 days prior notice of cancellation to the Insured via the broker. I

premium due is paid in full to Underwriters before the notice period expires, notice of cancellation shall automatically

revoked. If not, the policy shall automatically terminate at the end of the notice period.


and on behalf of all Underwriters participating in this contract.


unenforceable, such invalidity or unenforceability will not affect the other provisions of this clause which will remain in


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

Insured undertakes that premium will be paid in full to Underwriters within 60 days of inception of this policy (or, in

rom the inception of this policy (and,

in respect of installment premiums, by the date they are due) Underwriters shall have the right to cancel this policy by notifying

Underwriters on a pro rata basis for the

period that Underwriters are on risk but the full policy premium shall be payable to Underwriters in the event of a loss or

It is agreed that Underwriters shall give not less than 30 days prior notice of cancellation to the Insured via the broker. If

premium due is paid in full to Underwriters before the notice period expires, notice of cancellation shall automatically be

Unless otherwise agreed, the Leading Underwriter (and Agreement Parties if appropriate) are authorised to exercise rights


e other provisions of this clause which will remain in full




(Applicable combined to Hulls and Liabilities)

1. The insurance afforded by this Policy is automatically extended to include at pro rata additional

Aircraft added during the currency of this Policy provided such Aircraft are owned or operated by the Assured

are of the same type and value as Aircraft already covered hereunder and of no greater seating capacity.

2. The inclusion of additional Aircraft of other types or different values or greater seating capacity shall be subject

to special agreement and rating by Underwriters prior to attachment.

3. Under the Aircrfat loss or physical damage Section, aircraft which have been sold o

from this Policy and the Insured shall be entitled to pro rata return of premium provided no claim has

become payable under this Policy in respect of such Aircraft, and that this Policy is not cancelled by

deletion.

4. Under the Liability Section(s) of this Policy, Aircraft which have been sold or disposed of shall be deleted fro

policy and the Insured shall be entitled to pro

ALWAYS PROVIDED THAT:-

(i) Notwithstanding the foregoing provisions for additions and deletions the premium in respect of each

period of Flight Risk Insurance on any Aircraft covered during the currency of this Policy shall

than fifteen days' pro rata premium.

(ii) In the event of a claim arising in respect of any Aircraft added hereto being settled on a total loss basis

months premium shall be paid hereunder in respect of such Aircraft.

(iii) Notice of the addition or deletion of any Aircraft under the

be given to the Underwriters or their representatives in writing within ten days of

18.03.2002

AVN19A




ADDITIONS AND DELETIONS

(Applicable combined to Hulls and Liabilities)

1. The insurance afforded by this Policy is automatically extended to include at pro rata additional

Aircraft added during the currency of this Policy provided such Aircraft are owned or operated by the Assured


additional Aircraft of other types or different values or greater seating capacity shall be subject

to special agreement and rating by Underwriters prior to attachment.

3. Under the Aircrfat loss or physical damage Section, aircraft which have been sold or disposed of shall be

from this Policy and the Insured shall be entitled to pro rata return of premium provided no claim has

become payable under this Policy in respect of such Aircraft, and that this Policy is not cancelled by

4. Under the Liability Section(s) of this Policy, Aircraft which have been sold or disposed of shall be deleted fro

policy and the Insured shall be entitled to pro - rata return of premium.

ng the foregoing provisions for additions and deletions the premium in respect of each

period of Flight Risk Insurance on any Aircraft covered during the currency of this Policy shall

In the event of a claim arising in respect of any Aircraft added hereto being settled on a total loss basis

months premium shall be paid hereunder in respect of such Aircraft.

(iii) Notice of the addition or deletion of any Aircraft under the provisions of Paragraphs 1, 3 and 4

be given to the Underwriters or their representatives in writing within ten days of attachment or deletion.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

1. The insurance afforded by this Policy is automatically extended to include at pro rata additional premium further

Aircraft added during the currency of this Policy provided such Aircraft are owned or operated by the Assured and


additional Aircraft of other types or different values or greater seating capacity shall be subject

r disposed of shall be deleted

from this Policy and the Insured shall be entitled to pro rata return of premium provided no claim has arisen and

become payable under this Policy in respect of such Aircraft, and that this Policy is not cancelled by virtue of such

4. Under the Liability Section(s) of this Policy, Aircraft which have been sold or disposed of shall be deleted from this

ng the foregoing provisions for additions and deletions the premium in respect of each separate

period of Flight Risk Insurance on any Aircraft covered during the currency of this Policy shall in no case be less

In the event of a claim arising in respect of any Aircraft added hereto being settled on a total loss basis full twelve

provisions of Paragraphs 1, 3 and 4 respectively shall

attachment or deletion.




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

arising therefrom or any consequential loss

(ii) any legal liability of whatsoever nature

directly or indirectly caused by or contributed to by or

(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

properties of, any other radioactive material in the course of carriage as cargo, including storage

incidental thereto;

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

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 prop

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;

(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;





of or destruction of or damage to any property whatsoever or any loss or expense whatsoever resulting



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



properties of, any other radioactive material in the course of carriage as cargo, including storage

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




isotopes 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:


including any nuclear energy liability policy; or







Aviation Organization "Technical Instructions for the Safe Transport of Dangerous


shall in all respects have complied with such legislation;


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

of or destruction of or damage to any property whatsoever or any loss or expense whatsoever resulting or


(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

(c) ionizing radiations or contamination by radioactivity from, or the toxic, explosive or other hazardous properties


isotopes which have reached the final stage of fabrication so as to be usable for any scientific,

erty or any consequential loss













(ii) this Policy shall only apply to an incident happening during the period of this Policy and where any

Insured against the Insurers or by any claimant against the Insured arising out of such

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

(IAEA Health and Safety Regulations)

Beta, gamma and low toxicity alpha emitters

All other emitters

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

22/7/96

AVN38B




olicy shall only apply to an incident happening during the period of this Policy and where any

Insured against the Insurers or by any claimant against the Insured arising out of such incident shall have been made



vel set out in the following scale:


Maximum permissible level of non-fixed radioactive

surface contamination (Averaged over 300 cm2)

Beta, gamma and low toxicity alpha emitters Not exceeding 4 Bequerels/cm2 (10-4 microcuries/cm2)

Not exceeding 0.4 Bequerels/cm2 (10-5 microcuries/cm2)



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

olicy shall only apply to an incident happening during the period of this Policy and where any claim by the

incident shall have been made



fixed radioactive

surface contamination (Averaged over 300 cm2)

microcuries/cm2)

microcuries/cm2)

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




NOISE AND POLLUTION AND OTHER PERILS EXCLUSION CLAUSE

(Not applicable to Cargo Legal Liability)

1. This Policy does not cover claims directly or indirectly occasioned by, happening through or in consequence of:

(a) noise (whether audible to the human ear or not), vibration, sonic boom and any phenomena associated

(b) pollution and contamination of any kind whatsoever,

(c) electrical and electromagnetic interference,

(d) interference with the use of property;

unless caused by or resulting in a crash fire explosion or collision or a recorded in

abnormal aircraft operation.

2. With respect to any provision in the Policy concerning any duty of Underwriters to investigate or defend claims,

such provision shall not apply and Underwriters shall not be required to defend

(a) claims excluded by Paragraph 1 or

(b) a claim or claims covered by the Policy when combined with any claims excluded by Paragraph 1

(referred to below as "Combined Claims").

3. In respect of any Combined Claims, Underwriters shall (subject to proof of loss and the limits of the Policy)

Insured for that portion of the following items which may be allocated to the claims covered by the

(i) damages awarded against the Insured and

(ii) defence fees and expenses incurred by the Insured.

4. Nothing herein shall override any radioactive contamination or other exclusion clause attached to or forming

Policy.

Amended

Notwithstanding the above this clause

a. Shall not apply to liability in respect of passengers, baggage, cargo & mail

01/10/96

AVN 46B (Amended)





(Not applicable to Cargo Legal Liability)


ear or not), vibration, sonic boom and any phenomena associated



a crash fire explosion or collision or a recorded in-flight emergency causing


nd Underwriters shall not be required to defend


Claims, Underwriters shall (subject to proof of loss and the limits of the Policy)

Insured for that portion of the following items which may be allocated to the claims covered by the Policy:


efence fees and expenses incurred by the Insured.


iability in respect of passengers, baggage, cargo & mail


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


1. This Policy does not cover claims directly or indirectly occasioned by, happening through or in consequence of:-

ear or not), vibration, sonic boom and any phenomena associated therewith,

flight emergency causing


Claims, Underwriters shall (subject to proof of loss and the limits of the Policy) reimburse the

Policy:

4. Nothing herein shall override any radioactive contamination or other exclusion clause attached to or forming part of this




WAR, HI-JACKING AND OTHER PERILS EXCLUSION CLAUSE

This Policy does not cover claims caused by

(a) War, invasion, acts of foreign enemies, hostilities

insurrection, martial law, military or usurped power or attempts at usurpation of power.

(b) Any hostile detonation of any weapon of war employing atomic or nuclear fission and/or fusion

radioactive force or matter.


(d) Any act of one or more persons, whether or not agents of a sovereign Power, for political or terrorist

the loss or damage resulting therefrom is accidental or intentional.

(e) Any malicious act or act of sabotage.

(f) Confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or

any Government (whether civil military or de facto) or public or local authority.

(g) Hi-jacking or any unlawful seizure or wrongful exercise of control of the Aircraft or crew in flight

such seizure or control) made by any person or persons on bo

Furthermore this Policy does not cover claims arising whilst the Aircraft is outside the control of the Insured by reason of

the above perils. The Aircraft shall be deemed to have been res

to the Insured at an airfield not excluded by the geographical limits of this Policy, and entirely

Aircraft (such safe return shall require that the Ai

01/10/96

AVN48B




JACKING AND OTHER PERILS EXCLUSION CLAUSE

(AVIATION)



(b) Any hostile detonation of any weapon of war employing atomic or nuclear fission and/or fusion


(d) Any act of one or more persons, whether or not agents of a sovereign Power, for political or terrorist

r damage resulting therefrom is accidental or intentional.

(f) Confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or

ether civil military or de facto) or public or local authority.

jacking or any unlawful seizure or wrongful exercise of control of the Aircraft or crew in flight

such seizure or control) made by any person or persons on board the Aircraft acting without the consent of the Insured.

Furthermore this Policy does not cover claims arising whilst the Aircraft is outside the control of the Insured by reason of

the above perils. The Aircraft shall be deemed to have been restored to the control of the Insured on the safe

to the Insured at an airfield not excluded by the geographical limits of this Policy, and entirely suitable for the operation of the

Aircraft (such safe return shall require that the Aircraft be parked with engines shut down and under no duress).


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

JACKING AND OTHER PERILS EXCLUSION CLAUSE

(whether war be declared or not), civil war, rebellion, revolution,

(b) Any hostile detonation of any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or

(d) Any act of one or more persons, whether or not agents of a sovereign Power, for political or terrorist purposes and whether

(f) Confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or under the order of

jacking or any unlawful seizure or wrongful exercise of control of the Aircraft or crew in flight (including any attempt at

acting without the consent of the Insured.

Furthermore this Policy does not cover claims arising whilst the Aircraft is outside the control of the Insured by reason of any of

tored to the control of the Insured on the safe return of the Aircraft

suitable for the operation of the

down and under no duress).




EXTENDED COVERAGE ENDORSEMENT (AVIATION LIABILITIES)

1. WHEREAS the Policy of which this Endorsement forms part includes the War, Hi

(Clause AVN48B), IN CONSIDERATION of an Additional Premium (included), it is hereby

effect from inception, all sub-paragraphs other than (b) of Clause AVN48B forming

all terms and conditions of this Endorsement.

2. EXCLUSION applicable only to any cover extended in respect of the deletion of sub

shall not include liability for damage to any form of property on the ground situated outside C

America unless caused by or arising out of the use of aircraft.

3. LIMITATION OF LIABILITY

The limit of Insurer’s liability in respect of the coverage provided by this Endorsement shall be a sub

……. or the applicable Policy limit whichever is less Any One Occurrence and in the Annual aggregate

passengers to whom the full Policy limit(s) shall apply. This sub

addition thereto.

4. AUTOMATIC TERMINATION

To the extent provided below, cover extended by this Endorsement shall TERMINATE AUTOMATICALLY in the

circumstances:

(i) All cover

upon the outbreak of war (whether there be a declaration of war or not) between any two

France, the People's Republic of China, the Russian Federation, the United Kingdom,

(ii) Any cover extended in respect of the deletion of sub

any weapon of war employing atomic or nuclear fission and/or fusion or other like

wheresoever or whensoever such detonation may occur and whether or

(iii) All cover in respect of any of the Insured Aircraft requisitioned for either title or use

Upon such requisition

PROVIDED THAT if an Insured Aircraft is in the air when (i), (ii) or (iii) occurs, then the cover provided by this

(unless otherwise cancelled, terminated or suspended) shall continue in respect of such an Aircraft

landing thereafter and any passengers have disembarked.

5. REVIEW AND CANCELLATION

(a) Review of Premium and/or Geographical Limits (7 days)

Insurers may give notice to review premium and/or geographical limits

days from 23.59 hours GMT on the day on which notice is given.

(b) Limited Cancellation (48 hours)

Following a hostile detonation as specified in 3.(ii) above, Underwriters may give notice of cancellation of one or

the cover provided by paragraph 1. of this Endorsement by reference to sub





1. WHEREAS the Policy of which this Endorsement forms part includes the War, Hi-Jacking and Other Perils

(Clause AVN48B), IN CONSIDERATION of an Additional Premium (included), it is hereby understood and agreed that with

paragraphs other than (b) of Clause AVN48B forming part of this Policy are deleted SUBJECT TO

s and conditions of this Endorsement.

2. EXCLUSION applicable only to any cover extended in respect of the deletion of sub-paragraph (a) of Clause

shall not include liability for damage to any form of property on the ground situated outside Canada and the

America unless caused by or arising out of the use of aircraft.

The limit of Insurer’s liability in respect of the coverage provided by this Endorsement shall be a sub

applicable Policy limit whichever is less Any One Occurrence and in the Annual aggregate

passengers to whom the full Policy limit(s) shall apply. This sub-limit shall apply within the full

To the extent provided below, cover extended by this Endorsement shall TERMINATE AUTOMATICALLY in the

upon the outbreak of war (whether there be a declaration of war or not) between any two or more of the

France, the People's Republic of China, the Russian Federation, the United Kingdom, the United States of America

Any cover extended in respect of the deletion of sub-paragraph (a) of Clause AVN48B upon the host

any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction or radioactive force or matter

wheresoever or whensoever such detonation may occur and whether or not the Insured Aircraft may be involved

l cover in respect of any of the Insured Aircraft requisitioned for either title or use

PROVIDED THAT if an Insured Aircraft is in the air when (i), (ii) or (iii) occurs, then the cover provided by this

cancelled, terminated or suspended) shall continue in respect of such an Aircraft until completion of its first

landing thereafter and any passengers have disembarked.

(a) Review of Premium and/or Geographical Limits (7 days)

nsurers may give notice to review premium and/or geographical limits - such notice to become effective on the

days from 23.59 hours GMT on the day on which notice is given.

as specified in 3.(ii) above, Underwriters may give notice of cancellation of one or

the cover provided by paragraph 1. of this Endorsement by reference to sub-paragraphs (c), (d), (e), (f) and/or (g) of Clause


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


Jacking and Other Perils Exclusion Clause

understood and agreed that with

part of this Policy are deleted SUBJECT TO

paragraph (a) of Clause AVN48B Cover

anada and the United States of

The limit of Insurer’s liability in respect of the coverage provided by this Endorsement shall be a sub-limit of US$ ……………

applicable Policy limit whichever is less Any One Occurrence and in the Annual aggregate except with respect to

limit shall apply within the full Policy limits and not in

To the extent provided below, cover extended by this Endorsement shall TERMINATE AUTOMATICALLY in the following

or more of the following States, namely,

the United States of America

upon the hostile detonation of

reaction or radioactive force or matter

not the Insured Aircraft may be involved

PROVIDED THAT if an Insured Aircraft is in the air when (i), (ii) or (iii) occurs, then the cover provided by this Endorsement

until completion of its first

such notice to become effective on the expiry of seven

as specified in 3.(ii) above, Underwriters may give notice of cancellation of one or more parts of

(e), (f) and/or (g) of Clause




AVN48B - such notice to become effective on the expiry of forty

is given.

(c) Cancellation (7 days)

The cover provided by this Endorsement may be cancelled by either Underwriters or the Insured giving notice to

on the expiry of seven days from 23.59 hours GMT on the day on which such notice is given.

(d) Notices

All notices referred to herein shall be in writing.

21/09/2001

AVN52E




effective on the expiry of forty-eight hours from 23.59 hours GMT on the day on which notice

The cover provided by this Endorsement may be cancelled by either Underwriters or the Insured giving notice to

on the expiry of seven days from 23.59 hours GMT on the day on which such notice is given.

All notices referred to herein shall be in writing.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

23.59 hours GMT on the day on which notice

The cover provided by this Endorsement may be cancelled by either Underwriters or the Insured giving notice to become effective




In respect of claims adjusted on the basis of a total

stated in the Policy Schedule less any applicable deductible. Insurers may, at their discretion, take the

together with all appropriate documents appertain

The foregoing provision shall not apply to claims arising in respect of partial loss or damage where Insurers shall retain

the right to repair, replace or make good as they deem

AVN61 1.10.96




AGREED VALUE CLAUSE

In respect of claims adjusted on the basis of a total loss Insurers shall pay to the Insured the Agreed Value of the

stated in the Policy Schedule less any applicable deductible. Insurers may, at their discretion, take the

together with all appropriate documents appertaining thereto, but in no event shall there be any abandonment to Insurers.


the right to repair, replace or make good as they deem expedient.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

loss Insurers shall pay to the Insured the Agreed Value of the Aircraft as

stated in the Policy Schedule less any applicable deductible. Insurers may, at their discretion, take the salvage of such Aircraft,

abandonment to Insurers.





Contracts (Rights of Third Parties) Act 1999 Exclusion Clause

The rights of a person who is not a party to this insurance or reinsurance to enforce a terms of this insurance or

reinsurance and/or not to have this insurance or

virtue of the provisions of the Contracts (Rights of Third Parties) Act 1999 are excluded from this insurance or

reinsurance.

9.2.2000

AVN72






reinsurance and/or not to have this insurance or reinsurance rescinded, varied or altered without his consent by

the provisions of the Contracts (Rights of Third Parties) Act 1999 are excluded from this insurance or


400078. Tel.: +91 22 6638 3600 | Fax: 91 22



reinsurance rescinded, varied or altered without his consent by

the provisions of the Contracts (Rights of Third Parties) Act 1999 are excluded from this insurance or




SUPPLEMENTARY PAYMENTS CLAUSE

It is understood and agreed that this Policy is extended to cover as more fully set forth under those paragraph(s)

identified below. It is expressly understood that no cover is provided under those paragraphs of this Clause which

havenot been identified below.

The Insurers agree to indemnify the Insured for

(a) any reasonable expenses incurred for the purpose of search and rescue operations for an Aircraft insured

hereunder determined to be missing and unreported after the computed maximum endurance of the

exceeded;

(b) any reasonable expenses incurred for the purpose of runway foaming to prevent or mitigate possible loss or

damage because of malfunction or suspected malfunction of an Aircraft insured hereunder;

(c) any reasonable expenses incurred for the purpose of attempted or actual raising, removal, disposal or

of the wreck of an Aircraft insured hereunder and the contents thereof;

(d) any reasonable expenses which the Insured may be called upon to pay in respect of

by the Civil Aviation Authority or any other relevant

hereunder.

(e) any reasonable expenses incurred in fire and crash operations related to an Aircraft insured hereon.

Coverage is provided under paragraphs (a), (b), (c) (d) and (e) above.

Provided always that Insurers' liability shall not exceed USD ……………… in the aggregate in respect of each

paragraph, in addition to the sum insured.





AVN76 AMENDED

is understood and agreed that this Policy is extended to cover as more fully set forth under those paragraph(s)




hereunder determined to be missing and unreported after the computed maximum endurance of the



incurred for the purpose of attempted or actual raising, removal, disposal or


(d) any reasonable expenses which the Insured may be called upon to pay in respect of any pub

by the Civil Aviation Authority or any other relevant authority into an Accident involving an Aircraft insured


rage is provided under paragraphs (a), (b), (c) (d) and (e) above.




400078. Tel.: +91 22 6638 3600 | Fax: 91 22

is understood and agreed that this Policy is extended to cover as more fully set forth under those paragraph(s)



hereunder determined to be missing and unreported after the computed maximum endurance of the flight has been


incurred for the purpose of attempted or actual raising, removal, disposal or destruction

any public inquiry or inquiry

authority into an Accident involving an Aircraft insured






MEDICAL AND RELATED EXPENSES

It is understood and agreed that this Policy is extended to pay all reasonable expenses incurred within one year

the date of accident for necessary medical, surgical, ambulance, hospital, professional nursing, repatriation

funeral expenses to or for each person who sustains bodily injury, sickness or disease, caused by accident

entering or alighting from the Aircraft if the Aircraft is being used by the Insured or with his permission.

As soon as practicable, the injured person or someone on his behalf shall give to the Insurers or any of their

representatives written proof of claim, under oath if required, and shall, after each request from the Insurers,

authorisation to enable the Insurers to obtain medic

to physical examination by physicians selected by the Insurers when and as often as the Insurers may

require.

The insurance afforded by this coverage shall be subject to a Policy

and shall be excess insurance over any other valid and collectible insurance applicable thereto.

The coverage afforded by this Clause extends to the pilot(s) and operational crew of the Aircraft.

AVN 80 09.02.01




MEDICAL AND RELATED EXPENSES INCLUSION CLAUSE

It is understood and agreed that this Policy is extended to pay all reasonable expenses incurred within one year

the date of accident for necessary medical, surgical, ambulance, hospital, professional nursing, repatriation

l expenses to or for each person who sustains bodily injury, sickness or disease, caused by accident


injured person or someone on his behalf shall give to the Insurers or any of their

representatives written proof of claim, under oath if required, and shall, after each request from the Insurers,

authorisation to enable the Insurers to obtain medical reports and copies of records. The injured person

to physical examination by physicians selected by the Insurers when and as often as the Insurers may

The insurance afforded by this coverage shall be subject to a Policy limit of US$ ……………… in the policy




400078. Tel.: +91 22 6638 3600 | Fax: 91 22

It is understood and agreed that this Policy is extended to pay all reasonable expenses incurred within one year from

the date of accident for necessary medical, surgical, ambulance, hospital, professional nursing, repatriation and

l expenses to or for each person who sustains bodily injury, sickness or disease, caused by accident whilst in,


injured person or someone on his behalf shall give to the Insurers or any of their

representatives written proof of claim, under oath if required, and shall, after each request from the Insurers, execute

al reports and copies of records. The injured person shall submit

to physical examination by physicians selected by the Insurers when and as often as the Insurers may reasonably

limit of US$ ……………… in the policy aggregate






DATE RECOGNITION EXCLUSION CLAUSE

This Policy does not cover any claim, damage, injury, loss, cost, expense or liability (whether in contract, tort,

negligence, product liability, misrepresentation, fraud or otherwise) of any nature whatsoever

occasioned by or in consequence of (whether directly or indirectly and whether wholly or partly):

(a) the failure or inability of any computer hardware, software, integrated circuit, chip or information technology

equipment or system (whether in the possession of the Insured or of any third party) accurately or completely to

process, exchange or transfer year, date or time data or information in connection with any change of year, date

time; whether on or before or after such change of y

(b) any implemented or attempted change or modification of any computer hardware, software, integrated circuit,

chip or information technology equipment or system (whether in the possession of the Insured or of any third

in anticipation of or in response to any such change of year, date or time, or any advice given or services

in connection with an such change or modification;

(c) any non-use or unavailability for use of any property or equipment of any kind whatso

act, failure to act or decision of the Insured of any third party related to any such change of year, date or time;

any provision in this Policy concerning any duty of Insurers to investigate or defend claims shall not apply to

claims so excluded.

14.03.2001

AVN.2000A






negligence, product liability, misrepresentation, fraud or otherwise) of any nature whatsoever

by or in consequence of (whether directly or indirectly and whether wholly or partly):


her in the possession of the Insured or of any third party) accurately or completely to

process, exchange or transfer year, date or time data or information in connection with any change of year, date

whether on or before or after such change of year, date or time;


chip or information technology equipment or system (whether in the possession of the Insured or of any third

anticipation of or in response to any such change of year, date or time, or any advice given or services

in connection with an such change or modification;

use or unavailability for use of any property or equipment of any kind whatso

act, failure to act or decision of the Insured of any third party related to any such change of year, date or time;

any provision in this Policy concerning any duty of Insurers to investigate or defend claims shall not apply to


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


negligence, product liability, misrepresentation, fraud or otherwise) of any nature whatsoever arising from or

by or in consequence of (whether directly or indirectly and whether wholly or partly):


her in the possession of the Insured or of any third party) accurately or completely to

process, exchange or transfer year, date or time data or information in connection with any change of year, date or


chip or information technology equipment or system (whether in the possession of the Insured or of any third party)

anticipation of or in response to any such change of year, date or time, or any advice given or services performed

use or unavailability for use of any property or equipment of any kind whatsoever resulting from any

act, failure to act or decision of the Insured of any third party related to any such change of year, date or time; and

any provision in this Policy concerning any duty of Insurers to investigate or defend claims shall not apply to any




DATE RECOGNITION LIMITED COVERAGE CLAUSE

WHEREAS the Policy of which this Endorsement forms part includes the Date Recognition Exclusion Clause (Clause

AVN 2000A), it is hereby understood and agreed that,

Clause AVN 2000A shall not apply :

(1) to any accidental loss or damage to an aircraft defined in the Policy Schedule (“Insured Aircraft”);

(2) to any sums which the Insured shall become legally

(including costs awarded against the Insured) in respect of :

(a) accidental bodily injury, fatal or otherwise, to passengers caused by an accident to an Insured Aircraft;

and/or

(b) loss of or damage to baggage and personal articles of passengers, mail and cargo caused by an

accidental to an Insured Aircraft; and/or

(c) accidental bodily injury, fatal or otherwise, and accidental damage to property caused by an Insured

aircraft or by any person or object falling therefrom.

PROVIDED THAT :

1. Coverage provided pursuant to this Endorsement shall be subject to all terms, conditions, limitations,

exclusions and cancellation provisions of the Policy (except as specifically provided herein)

Endorsement extends coverage beyond that which is provided by the Policy.

2. Nothing in this Endorsement shall provide any coverage :

(a) in respect of grounding of any aircraft, and/or

(b) in respect of loss of use of any property u

accident giving rise to a claim under the Policy.

3. The Insured recognises that the Insurers consider the information provided by the Insured in the application

and/or other documentation provided, to be material to their decision to issue this Endorsement. The

agrees that it has a continuing obligation to disclose in writing to the Insurers during the Policy

additional material facts relating to the Date Recognition Conformity of the Insured’s operations,

products.

14.03.2001

AVN 2001A






AVN 2000A), it is hereby understood and agreed that, subject to all terms and provisions of this Endorsement,


(2) to any sums which the Insured shall become legally liable to pay, and (if so required by the Policy) shall pay



mage to baggage and personal articles of passengers, mail and cargo caused by an


object falling therefrom.

1. Coverage provided pursuant to this Endorsement shall be subject to all terms, conditions, limitations,

exclusions and cancellation provisions of the Policy (except as specifically provided herein)

Endorsement extends coverage beyond that which is provided by the Policy.


(a) in respect of grounding of any aircraft, and/or

(b) in respect of loss of use of any property unless it arises out of physical damage to or destruction of

accident giving rise to a claim under the Policy.

3. The Insured recognises that the Insurers consider the information provided by the Insured in the application

other documentation provided, to be material to their decision to issue this Endorsement. The

agrees that it has a continuing obligation to disclose in writing to the Insurers during the Policy

to the Date Recognition Conformity of the Insured’s operations,


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


subject to all terms and provisions of this Endorsement,


liable to pay, and (if so required by the Policy) shall pay


mage to baggage and personal articles of passengers, mail and cargo caused by an


1. Coverage provided pursuant to this Endorsement shall be subject to all terms, conditions, limitations, warranties,

exclusions and cancellation provisions of the Policy (except as specifically provided herein), and nothing in this

nless it arises out of physical damage to or destruction of property in the

3. The Insured recognises that the Insurers consider the information provided by the Insured in the application form,

other documentation provided, to be material to their decision to issue this Endorsement. The Insured further

agrees that it has a continuing obligation to disclose in writing to the Insurers during the Policy period any

to the Date Recognition Conformity of the Insured’s operations, equipment and




ASBESTOS EXCLUSION CLAUSE

This policy does not cover any claims of any kind whatsoever directly or indirectly relating to, arising out of or

of:

1. the actual, alleged or threatened presence of asbestos in any form whatsoever, or any material or product

containing, or alleged to contain, asbestos; or

2. any obligation, request, demand, order, or statutory or regulatory requirem

monitor, clean up, remove, contain, treat, neutralize, protect against or in any other way respond to the actual,

alleged or threatened presence of asbestos or any material or product containing, or alleged to conta

However, this exclusion shall not apply to any claim caused by or resulting in a crash fire explosion or collision or a

flight emergency causing abnormal aircraft operation.

Notwithstanding any other provisions of this Policy, I

respect of any claim excluded in whole or in part under paragraphs 1 or 2 hereof.

2488AGM00003





This policy does not cover any claims of any kind whatsoever directly or indirectly relating to, arising out of or



2. any obligation, request, demand, order, or statutory or regulatory requirement that any Insured or others test for,


alleged or threatened presence of asbestos or any material or product containing, or alleged to conta


flight emergency causing abnormal aircraft operation.

Notwithstanding any other provisions of this Policy, Insurers will have no duty to investigate, defend or pay defence

respect of any claim excluded in whole or in part under paragraphs 1 or 2 hereof.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

This policy does not cover any claims of any kind whatsoever directly or indirectly relating to, arising out of or in consequence


ent that any Insured or others test for,


alleged or threatened presence of asbestos or any material or product containing, or alleged to contain, asbestos.

However, this exclusion shall not apply to any claim caused by or resulting in a crash fire explosion or collision or a recorded in-

nsurers will have no duty to investigate, defend or pay defence costs in




LIABILITY TO PILOTS AND CREW CLAUSE

It is understood and agreed that notwithstanding any exclusion specifically relating to pilots and operational crew in the

Section of this Policy covering the liability of the Insured to passengers, such coverage shall extend to include the

Insured to the pilots and operational crew of the insured Aircraft, but excluding liability required to be

of any employers' liability or workman's compensation legislation or any similar legislation.

AVN 73 09.02.01




LIABILITY TO PILOTS AND CREW CLAUSE

notwithstanding any exclusion specifically relating to pilots and operational crew in the

Section of this Policy covering the liability of the Insured to passengers, such coverage shall extend to include the

tional crew of the insured Aircraft, but excluding liability required to be

of any employers' liability or workman's compensation legislation or any similar legislation.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

notwithstanding any exclusion specifically relating to pilots and operational crew in the

Section of this Policy covering the liability of the Insured to passengers, such coverage shall extend to include the liability of the

tional crew of the insured Aircraft, but excluding liability required to be insured under the terms




The Sections of this Policy covering bodily injury liability, including to passengers, and property damage

liability are extended to cover, as if he/ she were the Insured, any pilot authorized by the Insured under

the terms of the Policy in respect of injury or damage ari

in the Schedule to the Policy, but not so as to increase the liability of Insurers beyond the amount which

would otherwise have been payable under this Policy had liability been incurred by the Insured.


1. At the time of any accident giving rise to a claim under this Clause the said pilot

a) shall as though he/ she were the Insured, observe, fulfil and be subject to the terms,conditions and

exclusions contained in the Policy, and

b) is not entitled to indemnity under any other policy.

2. There shall be no indemnity under this Clause in respect of claims made against the pilot by the

and / or with respect to the Aircraft described in the Schedule to the Policy.

AVN 74 9.2.01




PILOT INDEMNITY CLAUSE

this Policy covering bodily injury liability, including to passengers, and property damage


terms of the Policy in respect of injury or damage arising out of the operation of the Aircraft described

Schedule to the Policy, but not so as to increase the liability of Insurers beyond the amount which

otherwise have been payable under this Policy had liability been incurred by the Insured.

1. At the time of any accident giving rise to a claim under this Clause the said pilot


exclusions contained in the Policy, and

is not entitled to indemnity under any other policy.

2. There shall be no indemnity under this Clause in respect of claims made against the pilot by the

and / or with respect to the Aircraft described in the Schedule to the Policy.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

this Policy covering bodily injury liability, including to passengers, and property damage


sing out of the operation of the Aircraft described

Schedule to the Policy, but not so as to increase the liability of Insurers beyond the amount which

otherwise have been payable under this Policy had liability been incurred by the Insured.


2. There shall be no indemnity under this Clause in respect of claims made against the pilot by the Insured




CARGO LEGAL LIABILITY ENDORSEMENT

This Endorsement extends the coverage provided under Section III

Deductible stated below, for legal liability in respect of accidental physical loss of

or control of the Insured, for the purpose of carriage by air.


1. Before accepting any cargo for the purpose of carriage by air the Insured shall take such measures (including but

not limited to the issue or acceptance of an air waybill) as are necessary to exclude or limit liability for claims in

respect of the accidental physical loss of or damage to that cargo to the extent permitted by law. In no event shall

amount of the indemnity provided by Insurers under this Endorsement exceed the amount of the legal liability, if

any, that would have existed had the Insured taken such measures.

2. The Insured shall ensure that cargo in their care, custody or control is kept in secure premi

than during transit.

Coverage provided by this Endorsement attaches from the time of acceptance of such cargo by the Insured and ceases

upon delivery by the Insured at the final destination or when handed over to a successive carrie

This Endorsement does not apply to legal liability in respect of:

1. delay or loss of market;

2. perishables and/or livestock;

3. consequential loss howsoever arising;

4. slung loads;

5. money, securities, precious stones, precious metals, jewelle

LIMIT OF INDEMNITY

US$ ……………….

DEDUCTIBLE

NIL

AVN 92 30.4.02




CARGO LEGAL LIABILITY ENDORSEMENT

This Endorsement extends the coverage provided under Section III - B of this Policy, subject to the Limit of Indemnity

Deductible stated below, for legal liability in respect of accidental physical loss of or damage to cargo whilst in

or control of the Insured, for the purpose of carriage by air.


limited to the issue or acceptance of an air waybill) as are necessary to exclude or limit liability for claims in

respect of the accidental physical loss of or damage to that cargo to the extent permitted by law. In no event shall

ity provided by Insurers under this Endorsement exceed the amount of the legal liability, if

any, that would have existed had the Insured taken such measures.

2. The Insured shall ensure that cargo in their care, custody or control is kept in secure premi


upon delivery by the Insured at the final destination or when handed over to a successive carrier.

This Endorsement does not apply to legal liability in respect of:

5. money, securities, precious stones, precious metals, jewellery, fine art and antiques of any kind.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

B of this Policy, subject to the Limit of Indemnity and to the

or damage to cargo whilst in the care, custody


limited to the issue or acceptance of an air waybill) as are necessary to exclude or limit liability for claims in

respect of the accidental physical loss of or damage to that cargo to the extent permitted by law. In no event shall the

ity provided by Insurers under this Endorsement exceed the amount of the legal liability, if

2. The Insured shall ensure that cargo in their care, custody or control is kept in secure premises at all times other


ry, fine art and antiques of any kind.




PROFIT COMMISSION ON RENEWAL CLAUSE (ON HULL)

After expiry of this Policy and following the receipt by the Insurers of the final adjustment of all

settlement of all Aircraft loss or physical damage claims in respect of this period of insurance and subject

with the Insurers hereon, Insurers agree to return to the Insured a Profit Commission of 15% of

profit in respect of this period of insurance.

The net ascertained profit shall be calculated by deducting the 'outgo' from the 'income' as follows:

Income

70% of premium paid for Aircraft loss or physical damage coverage less all returns of premium.

Outgo

Total of settled Aircraft loss or physical damage claims and related expenses less any salvages and





After expiry of this Policy and following the receipt by the Insurers of the final adjustment of all

settlement of all Aircraft loss or physical damage claims in respect of this period of insurance and subject

with the Insurers hereon, Insurers agree to return to the Insured a Profit Commission of 15% of

fit in respect of this period of insurance.

The net ascertained profit shall be calculated by deducting the 'outgo' from the 'income' as follows:


Total of settled Aircraft loss or physical damage claims and related expenses less any salvages and


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After expiry of this Policy and following the receipt by the Insurers of the final adjustment of all premiums due and

settlement of all Aircraft loss or physical damage claims in respect of this period of insurance and subject to renewal

with the Insurers hereon, Insurers agree to return to the Insured a Profit Commission of 15% of the net ascertained


Total of settled Aircraft loss or physical damage claims and related expenses less any salvages and recoveries.




SECTION II – AVIATION INSURANCE

SECTION ONE: LOSS OF OR DAMAGE TO AIRCRAFT

Subject to the terms, conditions and limitations set out below, this Policy covers loss of or damage to the Aircraft

stated in the Schedule against claims excluded from the Assured’s Hull ‘‘All Risks’’ Policy as caused by:

(a) War, invasion, acts of foreign enemies, hostilities (whether war


(b) Strikes, riots, civil commotions or labour disturbances.

(c) Any act of one or more persons, whether or not

and whether the loss or damage resulting therefrom is accidental or intentional.

(d) Any malicious act or act of sabotage.

(e) Confiscation, nationalisation, seizure, restraint, detention,

the order of any government (whether civil, military or de facto) or public or local authority.

(f) Hi-jacking or any unlawful seizure or wrongful exercise of control of the Aircraft or crew in flight

attempt at such seizure or control) made by any person or persons on board the Aircraft acting without

of the Assured. For the purpose of this paragraph (f) only, an aircraft is considered to be in

the moment when all its external doors are closed following embarkation until the

opened for disembarkation or when the aircraft is in motion. A rotor

when the rotors are in motion as a result of engine power, the

Furthermore this Policy covers claims excluded from the Hull ‘‘All Risks’’ Policy from occurrences whilst the

Aircraft is outside the control of the Assured by reason of any of the a

have been restored to the control of the Assured on the safe return of the Aircraft to the Assured at an airfield not

excluded by the geographical limits of this Policy, and entirely suitable for the operation o

return shall require that the Aircraft be parked with engines shut down and under no duress).

SECTION TWO: EXTORTION AND HI

1. This Policy will also indemnify the Assured subject to the terms, conditions, exclusion

below, and up to the limit stated in the Schedule, for 90% of any payment properly made in respect of:

(a) threats against any Aircraft stated in the Schedule or its passengers or crew made during the currency

Policy.

(b) extra expenses necessarily incurred following confiscation, etcetera (as Section One clause (e)) or hijacking,

etcetera (as Section One clause (f)) of any Aircraft stated in the Schedule.

2. No cover will be provided under this Section of the Policy in

the Assured is at all times responsible for ensuring that no arrangements of any kind are made which

permitted by the proper authorities.




AVIATION INSURANCE - HULL “WAR AND

ALLIED PERILS”

SECTION ONE: LOSS OF OR DAMAGE TO AIRCRAFT

limitations set out below, this Policy covers loss of or damage to the Aircraft




(b) Strikes, riots, civil commotions or labour disturbances.

(c) Any act of one or more persons, whether or not agents of a sovereign power, for political or terrorist


(e) Confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or



attempt at such seizure or control) made by any person or persons on board the Aircraft acting without

of the Assured. For the purpose of this paragraph (f) only, an aircraft is considered to be in

ment when all its external doors are closed following embarkation until the moment when any such door is

opened for disembarkation or when the aircraft is in motion. A rotor-wing aircraft shall be deemed to be in flight

esult of engine power, the momentum generated therefrom, or autorotation.


is outside the control of the Assured by reason of any of the above perils. The Aircraft shall be deemed to

been restored to the control of the Assured on the safe return of the Aircraft to the Assured at an airfield not

excluded by the geographical limits of this Policy, and entirely suitable for the operation o


SECTION TWO: EXTORTION AND HI-JACK EXPENSES

1. This Policy will also indemnify the Assured subject to the terms, conditions, exclusions and limitations set


(a) threats against any Aircraft stated in the Schedule or its passengers or crew made during the currency

extra expenses necessarily incurred following confiscation, etcetera (as Section One clause (e)) or hijacking,

etcetera (as Section One clause (f)) of any Aircraft stated in the Schedule.

2. No cover will be provided under this Section of the Policy in any territory where such insurance is not lawful,

the Assured is at all times responsible for ensuring that no arrangements of any kind are made which


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

HULL “WAR AND

limitations set out below, this Policy covers loss of or damage to the Aircraft


be declared or not), civil war, rebellion,


agents of a sovereign power, for political or terrorist purposes

appropriation, requisition for title or use by or under



of the Assured. For the purpose of this paragraph (f) only, an aircraft is considered to be in flight at any time from

moment when any such door is

aircraft shall be deemed to be in flight

momentum generated therefrom, or autorotation.


bove perils. The Aircraft shall be deemed to

been restored to the control of the Assured on the safe return of the Aircraft to the Assured at an airfield not

excluded by the geographical limits of this Policy, and entirely suitable for the operation of the Aircraft (such safe


s and limitations set out


(a) threats against any Aircraft stated in the Schedule or its passengers or crew made during the currency of this

extra expenses necessarily incurred following confiscation, etcetera (as Section One clause (e)) or hijacking,

any territory where such insurance is not lawful, and

the Assured is at all times responsible for ensuring that no arrangements of any kind are made which are not




SECTION THREE: GENERAL EXCLUSIONS

This Policy excludes loss, damage or expense caused by one or any combinations of any of the following:

(a) war (whether there be a declaration of war or not) between any of the following States: the United Kingdom,

United States of America, France, the Russian Federation

Aircraft is in the air when an outbreak of such war occurs, this exclusion shall not apply

until the said Aircraft has completed its first landing thereafter;

(b) confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or

the authority of the Government(s) stated in the Schedule, or any public or local authority under its

(c) the emission, discharge, release or escape of any chemical, biological or biochemical materials or the threat

same but this exclusion shall not apply;

(i) if such materials are used or threatened to be used solely and directly in:

(1) the Hi-jacking, unlawful seizure or wrong

loss of or damage to such Aircraft the subject of a valid claim under clause (f) Section One

(2) any threat against an Aircraft stated in the Schedule or its passenger

payments as are insured under Section Two above;

(ii) other than as provided for in sub-paragraph (1) above, to loss of or damage to an Aircraft if the use of

materials is hostile and originates solely and

(1) on board such Aircraft, whether it is on the ground or in the air,

or

(2) external to such Aircraft and causes physical damage to the Aircraft whilst the Aircraft’s wheels are

with the ground.

Any emission, discharge, release or escape originating external to the Aircraft that causes damage to

result of contamination without other physical damage to the Aircraft exterior is not

(d) any debt, failure to provide bond or security or any

(e) the repossession or attempted repossession of the Aircraft either by any title holder, or arising out of any

contractual agreement to which any Assured protected under this Policy may be party;

(f) delay, loss of use, or except as specifically provided in Section Two any other consequential loss; whether

following upon loss of or damage to the Aircraft or otherwise.




SECTION THREE: GENERAL EXCLUSIONS

loss, damage or expense caused by one or any combinations of any of the following:

(a) war (whether there be a declaration of war or not) between any of the following States: the United Kingdom,

United States of America, France, the Russian Federation, the People’s Republic of China;

Aircraft is in the air when an outbreak of such war occurs, this exclusion shall not apply in respect of such Aircraft

until the said Aircraft has completed its first landing thereafter;

ion, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or

the authority of the Government(s) stated in the Schedule, or any public or local authority under its

elease or escape of any chemical, biological or biochemical materials or the threat

(i) if such materials are used or threatened to be used solely and directly in:-

jacking, unlawful seizure or wrongful exercise of control of an Aircraft in flight and then only in

loss of or damage to such Aircraft the subject of a valid claim under clause (f) Section One above; or

(2) any threat against an Aircraft stated in the Schedule or its passengers or crew and then only in

payments as are insured under Section Two above;

paragraph (1) above, to loss of or damage to an Aircraft if the use of

materials is hostile and originates solely and directly;

(1) on board such Aircraft, whether it is on the ground or in the air,

(2) external to such Aircraft and causes physical damage to the Aircraft whilst the Aircraft’s wheels are

or escape originating external to the Aircraft that causes damage to

result of contamination without other physical damage to the Aircraft exterior is not covered by this Policy.

(d) any debt, failure to provide bond or security or any other financial cause under court order or otherwise;


contractual agreement to which any Assured protected under this Policy may be party;

f) delay, loss of use, or except as specifically provided in Section Two any other consequential loss; whether

following upon loss of or damage to the Aircraft or otherwise.


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loss, damage or expense caused by one or any combinations of any of the following:

(a) war (whether there be a declaration of war or not) between any of the following States: the United Kingdom, the

, the People’s Republic of China; nevertheless, if any

in respect of such Aircraft

ion, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or under

the authority of the Government(s) stated in the Schedule, or any public or local authority under its jurisdiction;

elease or escape of any chemical, biological or biochemical materials or the threat of

ful exercise of control of an Aircraft in flight and then only in respect of

above; or

s or crew and then only in respect of

paragraph (1) above, to loss of or damage to an Aircraft if the use of such

(2) external to such Aircraft and causes physical damage to the Aircraft whilst the Aircraft’s wheels are not in contact

or escape originating external to the Aircraft that causes damage to the Aircraft as a

covered by this Policy.

other financial cause under court order or otherwise;


f) delay, loss of use, or except as specifically provided in Section Two any other consequential loss; whether




(g) any use, hostile or otherwise, of radioactive contamination or matter but thi

or damage to an Aircraft if such use is hostile and originates solely and directly;

(i) on board such Aircraft, whether it is on the ground or in the air, or

(ii) external to such Aircraft and causes physical damage

longer in contact with the ground

Any such use originating external to the Aircraft that causes damage to the Aircraft as a result of

without other physical damage to the Aircraft exterior

(h) any use, hostile or otherwise, of an electromagnetic pulse but this exclusion shall not apply to loss of or

to an Aircraft if such use originates solely and directly on board such Aircraft, whether it is on the

air.

(i) any detonation, hostile or otherwise, of any device employing atomic or nuclear fission and/or fusion or

reaction, and notwithstanding (g) and (h) above, any radioactive contamination and

directly from such detonation is also excluded by this Policy.

SECTION FOUR: GENERAL CONDITIONS

1. This Policy is subject to the same warranties, terms and conditions (except as regards the premium, the

to investigate and defend, the renewal

where applicable AND EXCEPT AS OTHERWISE PROVIDED HEREIN) as are

Assured’s Hull ‘‘All Risks’’ Policy.

2. Should there be any Material Change in

immediate notice of such Change to the Underwriters; no claim arising subsequent to a Material

the Assured had control shall be recoverable hereunder unless such chang

‘‘Material Change’’ shall be understood to mean any change in the operation of the Assured which might

be regarded by the Underwriters as increasing their risk in degree or frequency, or reducing

or subrogation.

3. The due observance and fulfilment of the terms, provisions, conditions and endorsements of this Policy

conditions precedent to any liability of the Underwriters to make any payment under this Policy: in

Assured should use all reasonable efforts to ensure that he complies and continues to comply

otherwise) of any country within whose jurisdiction the Aircraft may be, and to obtain

lawful operation of the Aircraft.

4. Subject always to the provisions of Section Five, and the Schedule, Underwriters hereon agree to follow the

‘‘All Risks’’ Policy in respect of Breach of Warranty Cover, Hold Harmless Agreements and Waivers of

SECTION FIVE: CANCELLATION REVISION AND AUTOMATIC TERMINATION




(g) any use, hostile or otherwise, of radioactive contamination or matter but this exclusion shall not apply to

or damage to an Aircraft if such use is hostile and originates solely and directly;

(i) on board such Aircraft, whether it is on the ground or in the air, or

(ii) external to such Aircraft and causes physical damage to the Aircraft whilst the Aircraft’s wheels are no

Any such use originating external to the Aircraft that causes damage to the Aircraft as a result of

without other physical damage to the Aircraft exterior is not covered by this Policy.

(h) any use, hostile or otherwise, of an electromagnetic pulse but this exclusion shall not apply to loss of or

to an Aircraft if such use originates solely and directly on board such Aircraft, whether it is on the

(i) any detonation, hostile or otherwise, of any device employing atomic or nuclear fission and/or fusion or

reaction, and notwithstanding (g) and (h) above, any radioactive contamination and electromagnetic pulse resulting

directly from such detonation is also excluded by this Policy.

SECTION FOUR: GENERAL CONDITIONS

1. This Policy is subject to the same warranties, terms and conditions (except as regards the premium, the

to investigate and defend, the renewal agreement (if any), the amount of deductible or self

where applicable AND EXCEPT AS OTHERWISE PROVIDED HEREIN) as are contained in or may be added to the

2. Should there be any Material Change in the nature or area of the Assured’s operations, the Assured shall

immediate notice of such Change to the Underwriters; no claim arising subsequent to a Material

the Assured had control shall be recoverable hereunder unless such change has been accepted by the Underwriters.

‘‘Material Change’’ shall be understood to mean any change in the operation of the Assured which might

be regarded by the Underwriters as increasing their risk in degree or frequency, or reducing

3. The due observance and fulfilment of the terms, provisions, conditions and endorsements of this Policy

conditions precedent to any liability of the Underwriters to make any payment under this Policy: in

Assured should use all reasonable efforts to ensure that he complies and continues to comply

otherwise) of any country within whose jurisdiction the Aircraft may be, and to obtain all permits necessary for the

4. Subject always to the provisions of Section Five, and the Schedule, Underwriters hereon agree to follow the

‘‘All Risks’’ Policy in respect of Breach of Warranty Cover, Hold Harmless Agreements and Waivers of

TION FIVE: CANCELLATION REVISION AND AUTOMATIC TERMINATION


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

s exclusion shall not apply to loss of

to the Aircraft whilst the Aircraft’s wheels are no

Any such use originating external to the Aircraft that causes damage to the Aircraft as a result of contamination

(h) any use, hostile or otherwise, of an electromagnetic pulse but this exclusion shall not apply to loss of or damage

to an Aircraft if such use originates solely and directly on board such Aircraft, whether it is on the ground or in the

(i) any detonation, hostile or otherwise, of any device employing atomic or nuclear fission and/or fusion or other like

electromagnetic pulse resulting

1. This Policy is subject to the same warranties, terms and conditions (except as regards the premium, the obligations

agreement (if any), the amount of deductible or self insurance provision

contained in or may be added to the

the nature or area of the Assured’s operations, the Assured shall give

immediate notice of such Change to the Underwriters; no claim arising subsequent to a Material Change over which

accepted by the Underwriters.

‘‘Material Change’’ shall be understood to mean any change in the operation of the Assured which might reasonably

be regarded by the Underwriters as increasing their risk in degree or frequency, or reducing possibilities of recovery

3. The due observance and fulfilment of the terms, provisions, conditions and endorsements of this Policy shall be

conditions precedent to any liability of the Underwriters to make any payment under this Policy: in particular the

Assured should use all reasonable efforts to ensure that he complies and continues to comply with the laws (local or

all permits necessary for the

4. Subject always to the provisions of Section Five, and the Schedule, Underwriters hereon agree to follow the Hull

‘‘All Risks’’ Policy in respect of Breach of Warranty Cover, Hold Harmless Agreements and Waivers of Subrogation.




Amendment of Terms or Cancellation

1. (a) Underwriters may give notice, effective on the expiry of 7 days from midnight

G.M.T. on the day on which notice is issued, to review the rate of premium

event of the review of the rate of premium and/or geographical limits

expiry of the said 7 days, this Policy shall become

Automatic Review of Terms or Cancellation

(b) Notwithstanding 1(a) above, this Policy is subject to automatic review by Underwriters of the

and/or conditions and/or geographical limits effective on the expiry of 7 days

of any device including any weapon of war employing

or radioactive force or matter wheresoever or whensoever such detonation may occur and whether or not the

insured Aircraft may be directly affected. In the event of the review of the rate of premium and/or

geographical limits not being accepted by the Assured then at the expiry of

cancelled at that date.

Cancellation by Notice

(c) This Policy may be cancelled by the Assured or Underwriters giving notice not less than 7

each period of 3 months from inception.

Automatic Termination

2. Whether or not such notice of cancellation has been given this Insurance shall T

Upon the outbreak of war (whether there be a declaration of war or not) between any of the

namely, the United Kingdom, the United States of America, France, the Russian

China.

PROVIDED THAT if the Aircraft is in the air when such outbreak of war occurs then this insurance,

terms and conditions and provided not otherwise cancelled, terminated or suspended,

of such Aircraft until the said Aircraft has completed its first landing

ENDORSEMENT NUMBER: 1


ISSUED TO:- …………………………… and as more fully set forth in the Schedule.

It is understood and agreed that effective inception this

I. this policy is subject to the following attached Endorsements/Clauses:

i. Kiln Geographical Areas Exclusion Clause LSW617F (Amended)

ii. Agreed Value Clause AVN61 (Amended)

iii. Supplementary Expenses AVN 76 (Amende




1. (a) Underwriters may give notice, effective on the expiry of 7 days from midnight

G.M.T. on the day on which notice is issued, to review the rate of premium and/or the geographical limits. In the

event of the review of the rate of premium and/or geographical limits not being accepted by the Assured then at the

expiry of the said 7 days, this Policy shall become cancelled at that date.

Cancellation

(b) Notwithstanding 1(a) above, this Policy is subject to automatic review by Underwriters of the

and/or conditions and/or geographical limits effective on the expiry of 7 days from the time of any hostile detonation

ny device including any weapon of war employing atomic or nuclear fission and/or fusion or other like reaction

wheresoever or whensoever such detonation may occur and whether or not the

ed. In the event of the review of the rate of premium and/or

geographical limits not being accepted by the Assured then at the expiry of the said 7 days, this Policy shall become

Policy may be cancelled by the Assured or Underwriters giving notice not less than 7

2. Whether or not such notice of cancellation has been given this Insurance shall TERMINATE

Upon the outbreak of war (whether there be a declaration of war or not) between any of the

namely, the United Kingdom, the United States of America, France, the Russian Federation, the People’s Republic of

PROVIDED THAT if the Aircraft is in the air when such outbreak of war occurs then this insurance,

terms and conditions and provided not otherwise cancelled, terminated or suspended, will be continued in respect

d Aircraft has completed its first landing thereafter.


…………………………… and as more fully set forth in the Schedule.

It is understood and agreed that effective inception this policy is subject to the following:-

I. this policy is subject to the following attached Endorsements/Clauses:-

i. Kiln Geographical Areas Exclusion Clause LSW617F (Amended)

ii. Agreed Value Clause AVN61 (Amended)

iii. Supplementary Expenses AVN 76 (Amended)


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

geographical limits. In the

not being accepted by the Assured then at the

(b) Notwithstanding 1(a) above, this Policy is subject to automatic review by Underwriters of the rate of premium

from the time of any hostile detonation

atomic or nuclear fission and/or fusion or other like reaction

wheresoever or whensoever such detonation may occur and whether or not the

ed. In the event of the review of the rate of premium and/or conditions and/or

the said 7 days, this Policy shall become

Policy may be cancelled by the Assured or Underwriters giving notice not less than 7 days prior to the end of

ERMINATE AUTOMATICALLY

Upon the outbreak of war (whether there be a declaration of war or not) between any of the following States,

Federation, the People’s Republic of

PROVIDED THAT if the Aircraft is in the air when such outbreak of war occurs then this insurance, subject to its

will be continued in respect




iv. Premium payment LSW 3000 (Amended)

II. All terms and conditions to automatically follow the Hull , Spares and equipment “All Risk” Policy as may be

applicable, including amendments during currency

III. Automatic pro rata additions, deletions and s

……………….. any one Aircraft

IV. Additional Insured’s Waiver of Subrogation, Loss, Payees, Hold Harmless, Breach of warranty, Contractual,

Lease, Purchase, Operating Agreements and the like as agreed

applicable.

V. Noted and agreed that coverage hereunder includes whilst over flying any area excluded under the

Limits hereon.

VI. It is agreed that where the Insured or his employees are render

protect the Aircraft from damage, wear, tear or gradual deterioration or are prevented from performing any

or maintenance to the Aircraft made necessary by the passage of time, this policy shall cove

necessarily incurred to reinstate the Aircraft to its condition immediately prior to exposure to

VII. In the event that an Aircraft insured hereon is fitted with a Leased Engine(s), the

which such Leased Engine(s) is attached is automatically increased by the

the period it is installed, subject always to the maximum Agreed

retain the rights of salvage on the detached engine).

VIII. Agreed to include all Insurance provisions as included within the purchased

and ………………………

IX. Agreed to include all Insurance Provisions as included within the Sale and Operating Lease

Back Agreement between the following parties:

Owner : ………………..

Lessor : …………………

Lessee : …………………



regions:

f) Cabinda, Burundi, Central African Republic, Congo, Democratic Republic of Congo,

Liberia, Sierra Leone, Somalia.

g) Colombia, Ecuador, Peru.

h) Checheno / Ingushskaya and Nagorna

i) Iraq, Syria




iv. Premium payment LSW 3000 (Amended)


applicable, including amendments during currency

III. Automatic pro rata additions, deletions and substitutions of Aircraft subject maximum value hereon USD


Lease, Purchase, Operating Agreements and the like as agreed by Hull Insurers subject AVN 67B (Hull War)

V. Noted and agreed that coverage hereunder includes whilst over flying any area excluded under the

VI. It is agreed that where the Insured or his employees are rendered by any peril covered by this Policy unable to

protect the Aircraft from damage, wear, tear or gradual deterioration or are prevented from performing any

or maintenance to the Aircraft made necessary by the passage of time, this policy shall cove

necessarily incurred to reinstate the Aircraft to its condition immediately prior to exposure to

VII. In the event that an Aircraft insured hereon is fitted with a Leased Engine(s), the Agreed Value of the Aircraft to

which such Leased Engine(s) is attached is automatically increased by the Agreed Value of the Leased Engine(s) for

the period it is installed, subject always to the maximum Agreed Value hereon not being exceeded. (Insurers to

n the detached engine).

VIII. Agreed to include all Insurance provisions as included within the purchased agreement between ……………..

IX. Agreed to include all Insurance Provisions as included within the Sale and Operating Lease

Agreement between the following parties:



) Cabinda, Burundi, Central African Republic, Congo, Democratic Republic of Congo, Eritrea,

h) Checheno / Ingushskaya and Nagorna- Karabakh


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ubstitutions of Aircraft subject maximum value hereon USD


by Hull Insurers subject AVN 67B (Hull War) as

V. Noted and agreed that coverage hereunder includes whilst over flying any area excluded under the Geographical

ed by any peril covered by this Policy unable to

protect the Aircraft from damage, wear, tear or gradual deterioration or are prevented from performing any service

or maintenance to the Aircraft made necessary by the passage of time, this policy shall cover all costs and expenses

necessarily incurred to reinstate the Aircraft to its condition immediately prior to exposure to such peril.

Agreed Value of the Aircraft to

Agreed Value of the Leased Engine(s) for

Value hereon not being exceeded. (Insurers to

agreement between ……………..

IX. Agreed to include all Insurance Provisions as included within the Sale and Operating Lease-



Eritrea, Ethiopia, Ivory Coast,




j) Any operations where the operations of the insured aircraft is in breach of United Nations sanctions.


a) for the over flight of any excluded country where the flight is within an

is performed in accordance with I.C.A.O. recommendations; or

b) in circumstances where an insured Aircraft has landed in an excluded as a direct

result of force majeure subject advice to Underwriters within 72

3. Any excluded country may be covered by underwriters at terms to be agreed by the

flight.

In respect of claims adjusted on the basis of a total loss Insurers shall pay to the Insured

Aircraft as stated in the Policy Schedule less any applicable deductible. Insurers may, at their discretion, take the

salvage of such Aircraft, together with all appropriate documents appertaining thereto, but in no event shall ther

any abandonment to Insurers.

The foregoing provision shall not apply to claims arising in respect of partial loss or damage where Insurers shall

retain the right to repair, replace or make good as they deem expedient.




have not been identified below.



hereunder determined to be missing and unreported after the computed maximum

exceeded;



(c) any reasonable expenses incurred for the purpose of attempted or actual raising, removal, disposal or


(d) any reasonable expenses which the Insured may be called upon to pay in resp

by the Civil Aviation Authority or any other relevant

hereunder.

(e) any reasonable expenses incurred in fire and crash operations related to an Aircraft insured





where the operations of the insured aircraft is in breach of United Nations sanctions.



I.C.A.O. recommendations; or

b) in circumstances where an insured Aircraft has landed in an excluded as a direct consequence and exclusively as a

Underwriters within 72 hours.

3. Any excluded country may be covered by underwriters at terms to be agreed by the Slip Leader only prior to

AGREED VALUE CLAUSE

AVN61 AMENDED

In respect of claims adjusted on the basis of a total loss Insurers shall pay to the Insured the Agreed Value of the


salvage of such Aircraft, together with all appropriate documents appertaining thereto, but in no event shall ther


the right to repair, replace or make good as they deem expedient.


AVN76 AMENDED





hereunder determined to be missing and unreported after the computed maximum endurance of the flight has



nable expenses incurred for the purpose of attempted or actual raising, removal, disposal or


(d) any reasonable expenses which the Insured may be called upon to pay in respect of any public inquiry or inquiry

by the Civil Aviation Authority or any other relevant authority into an Accident involving an Aircraft insured

(e) any reasonable expenses incurred in fire and crash operations related to an Aircraft insured



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internationally recognised air corridor and

consequence and exclusively as a

Slip Leader only prior to

the Agreed Value of the


salvage of such Aircraft, together with all appropriate documents appertaining thereto, but in no event shall there be





endurance of the flight has been


nable expenses incurred for the purpose of attempted or actual raising, removal, disposal or destruction

any public inquiry or inquiry

authority into an Accident involving an Aircraft insured





Provided always that Insurers' liability shall not exceed USD ………………. in the aggregate in respect of each



The Insured undertakes that premium will be paid in full to Underwriters within 60 days of inception of this policy

(or, in respect of installment premiums, when due).

If the premium due under this policy has not been so paid to Underwri

policy (and, in respect of installment premiums, by the date they are due) Underwriters shall have the right to cancel

this policy by notifying the Insured via the broker in writing. In the event of

Underwriters on a pro rata basis for the period that Underwriters are on risk but the full policy premium shall be

payable to Underwriters in the event of a loss or occurrence prior to the date of termination which gives ris

valid claim under this policy.

It is agreed that Underwriters shall give not less than 30 days prior notice of cancellation to the Insured via the

broker. If premium due is paid in full to Underwriters before the notice period expires, notice of ca

automatically be revoked. If not, the policy shall automatically terminate at the end of the notice period.


rights under this clause on their own behalf and on behalf of all Underwriters participating in this contract.


unenforceable, such invalidity or unenf

remain in full force and effect.






PREMIUM PAYMENT CLAUSE LSW 3000 AMENDED


respect of installment premiums, when due).

If the premium due under this policy has not been so paid to Underwriters by the 61st day from the inception of this


this policy by notifying the Insured via the broker in writing. In the event of cancellation, premium is due to

on a pro rata basis for the period that Underwriters are on risk but the full policy premium shall be

Underwriters in the event of a loss or occurrence prior to the date of termination which gives ris


If premium due is paid in full to Underwriters before the notice period expires, notice of ca

be revoked. If not, the policy shall automatically terminate at the end of the notice period.


is clause on their own behalf and on behalf of all Underwriters participating in this contract.


unenforceable, such invalidity or unenforceability will not affect the other provisions of this clause which will


400078. Tel.: +91 22 6638 3600 | Fax: 91 22



day from the inception of this


cancellation, premium is due to

on a pro rata basis for the period that Underwriters are on risk but the full policy premium shall be

Underwriters in the event of a loss or occurrence prior to the date of termination which gives rise to a


If premium due is paid in full to Underwriters before the notice period expires, notice of cancellation shall

be revoked. If not, the policy shall automatically terminate at the end of the notice period.


is clause on their own behalf and on behalf of all Underwriters participating in this contract.


orceability will not affect the other provisions of this clause which will




DURATION TRANSIT CLAUSE

This insurance

1.1 attaches only as the Spares and Equipment insured and as to any part as that part is loaded on an

or an aircraft for the commencement of a sea or air transit

1.2 terminates, subject to 2. and 3. below, either as the Spares and Equipment insured and as to any

is discharged from an overseas vessel or aircraft at the

or

on expiry of 15 days counting from midnight of the day of arrival of the vessel or aircraft at the final

port or place of discharge, whichever shall first occur;

nevertheless, such insurance

1.3 reattaches when, without having discharged the Spares and Equipment insured at the final port or

discharge, the vessel sails therefrom, or the aircraft departs therefrom,

1.4 terminates, subject to 2. and 3. below, either as the Spares and Equipment insured a

is thereafter discharged from the vessel or the aircraft at the final (or substituted)

or

on expiry of 15 days counting from midnight of the day of re

of discharge or arrival of the vessel or aircraft at a substituted port or place of

whichever shall first occur.

2. If during the insured voyage or transit the overseas vessel or aircraft arrives at an intermediate port or

discharge the Spares and Equipment insured for on

discharged from the vessel at a port or place of refuge, then subject to 3. below, this

expiry of 15 days counting from midnight of the day of arrival of the vessel

thereafter reattaches as the Spares and Equipment insured and as to

overseas vessel or aircraft. During the period of 15 days

the Spares and Equipment insured and as to

3. If the voyage or air transit in the contract of carriage is terminated

agreed therein, such port or place shall be deemed the final port or place of discharge and

in accordance with 1.2. If the Spares and Equipment insured are

or any other destination, then such insurance

3.1 in the case of the Spares and Equipment insured having been discharged, as the Spares and

and as to any part as that part is loaded on the on

transit;




DURATION TRANSIT CLAUSE

1.1 attaches only as the Spares and Equipment insured and as to any part as that part is loaded on an

or an aircraft for the commencement of a sea or air transit and

1.2 terminates, subject to 2. and 3. below, either as the Spares and Equipment insured and as to any

is discharged from an overseas vessel or aircraft at the final port or place of discharge,


whichever shall first occur;

without having discharged the Spares and Equipment insured at the final port or

discharge, the vessel sails therefrom, or the aircraft departs therefrom, and

terminates, subject to 2. and 3. below, either as the Spares and Equipment insured and as to any

is thereafter discharged from the vessel or the aircraft at the final (or substituted) port or place of discharge,

on expiry of 15 days counting from midnight of the day of re-arrival of the vessel or aircraft at the

of discharge or arrival of the vessel or aircraft at a substituted port or place of discharge,

2. If during the insured voyage or transit the overseas vessel or aircraft arrives at an intermediate port or

discharge the Spares and Equipment insured for on-carriage by overseas vessel or by aircraft, or

discharged from the vessel at a port or place of refuge, then subject to 3. below, this insurance continues until the

counting from midnight of the day of arrival of the vessel or aircraft at such port or place, but

thereafter reattaches as the Spares and Equipment insured and as to any part as that part is loaded on an on

period of 15 days the insurance remains in force after discharge only whilst

the Spares and Equipment insured and as to any part as that part is at such intermediate port or place.

3. If the voyage or air transit in the contract of carriage is terminated at a port or place other than the

agreed therein, such port or place shall be deemed the final port or place of discharge and such insurance terminates

in accordance with 1.2. If the Spares and Equipment insured are subsequently reshipped or co

or any other destination, then such insurance reattaches

3.1 in the case of the Spares and Equipment insured having been discharged, as the Spares and

and as to any part as that part is loaded on the on-carrying vessel for the voyage or the on


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1.1 attaches only as the Spares and Equipment insured and as to any part as that part is loaded on an overseas vessel

1.2 terminates, subject to 2. and 3. below, either as the Spares and Equipment insured and as to any part as that part


without having discharged the Spares and Equipment insured at the final port or place of

nd as to any\ part as that part

port or place of discharge,

arrival of the vessel or aircraft at the final port or place

2. If during the insured voyage or transit the overseas vessel or aircraft arrives at an intermediate port or place to

carriage by overseas vessel or by aircraft, or the goods are

insurance continues until the

or aircraft at such port or place, but

any part as that part is loaded on an on-carrying

the insurance remains in force after discharge only whilst

any part as that part is at such intermediate port or place.

at a port or place other than the destination

such insurance terminates

subsequently reshipped or consigned to the original

3.1 in the case of the Spares and Equipment insured having been discharged, as the Spares and Equipment insured

voyage or the on-carrying aircraft for




3.2 in the case of the Spares and Equipment insured not having been discharged, when the vessel

departs from such deemed final port or place of discharge;

1.4.

4. This insurance shall remain in force during any deviation, or any variation of the adventure arising from

the exercise of a liberty granted to shipowners, charterers or air carriers under a contract of carri

SPARES AND EQUIPMENT EXTENSION CLAUSE

1. This Policy is extended to apply to loss of or damage to Spares and Equipment as insured under the Insured’s

Spares and Equipment “All Risks” Policy subject to the following:

(a) Paragraphs 1(b), 1(c), 1(d), 1(e) and 1(f) of Section One apply, including whilst the Spares and Equipment are

in transit by any means of conveyance, and

(b) Paragraph 1(a) of Section One applies whilst the Spares and Equipment are in transit by air and/or sea in

accordance with the Duration Transit Clause below.

2. For the purposes of this extension the following amendments shall be made to the Policy to which this

Extension applies:

(a) General Exclusion (i)(a) of Section 3 is amended to read as follows

War (whether there be a declaration of war or not) between any of the following States, namely, the United

Kingdom, the United States of America, France, the Russian Federation, the People's Republic of China;

if the Aircraft is in the air when an outbreak of such war o

Aircraft until the said Aircraft has completed its first landing thereafter; this exclusion

Equipment in transit by air or sea until the transit is completed.

(b) Paragraph 2 of Section 5 is amended to read as follows

Whether or not such notice of cancellation has been given this Policy shall TERMINATE

Upon the outbreak of war (whether there be a declaration of war or not) between any of the following

namely, the United Kingdom, the United States of America, France, the Russian Federation, the

China.

PROVIDED THAT if the Aircraft is in the air when such outbreak of war occurs then this Policy, subject to

and conditions and provided not otherwise cancelled or terminated, will be continued in respect of

until the said Aircraft has completed its first landing thereafter. In respect of Spares and

or sea this Policy, subject to its terms and conditions and provided not otherwise

continued in respect of such Spares and Equipment until the transit is

3. The liability of the Insurers for loss of or damage to Spares and Equipment shall not

one occurrence.

LAW AND JURISDICTION

This insurance shall be governed by and construed in accordance with the law of India and each

submit to the jurisdiction of the courts of India.




3.2 in the case of the Spares and Equipment insured not having been discharged, when the vessel

departs from such deemed final port or place of discharge; thereafter such insurance terminates in accordance with


the exercise of a liberty granted to shipowners, charterers or air carriers under a contract of carri

SPARES AND EQUIPMENT EXTENSION CLAUSE


Spares and Equipment “All Risks” Policy subject to the following:

1(e) and 1(f) of Section One apply, including whilst the Spares and Equipment are

in transit by any means of conveyance, and


uration Transit Clause below.


(a) General Exclusion (i)(a) of Section 3 is amended to read as follows:

aration of war or not) between any of the following States, namely, the United

Kingdom, the United States of America, France, the Russian Federation, the People's Republic of China;

if the Aircraft is in the air when an outbreak of such war occurs, this exclusion shall not apply

Aircraft until the said Aircraft has completed its first landing thereafter; this exclusion shall not apply to Spares and

Equipment in transit by air or sea until the transit is completed.

aph 2 of Section 5 is amended to read as follows:

Whether or not such notice of cancellation has been given this Policy shall TERMINATE AUTOMATICALLY

Upon the outbreak of war (whether there be a declaration of war or not) between any of the following

namely, the United Kingdom, the United States of America, France, the Russian Federation, the

PROVIDED THAT if the Aircraft is in the air when such outbreak of war occurs then this Policy, subject to

ns and provided not otherwise cancelled or terminated, will be continued in respect of

until the said Aircraft has completed its first landing thereafter. In respect of Spares and Equipment in transit by air

terms and conditions and provided not otherwise cancelled or terminated, will be

continued in respect of such Spares and Equipment until the transit is completed.

3. The liability of the Insurers for loss of or damage to Spares and Equipment shall not exceed


submit to the jurisdiction of the courts of India.


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3.2 in the case of the Spares and Equipment insured not having been discharged, when the vessel sails or the aircraft

insurance terminates in accordance with


the exercise of a liberty granted to shipowners, charterers or air carriers under a contract of carriage.


1(e) and 1(f) of Section One apply, including whilst the Spares and Equipment are



aration of war or not) between any of the following States, namely, the United

Kingdom, the United States of America, France, the Russian Federation, the People's Republic of China; nevertheless,

ccurs, this exclusion shall not apply in respect of such

shall not apply to Spares and

AUTOMATICALLY.

Upon the outbreak of war (whether there be a declaration of war or not) between any of the following States,

namely, the United Kingdom, the United States of America, France, the Russian Federation, the People's Republic of

PROVIDED THAT if the Aircraft is in the air when such outbreak of war occurs then this Policy, subject to its terms

ns and provided not otherwise cancelled or terminated, will be continued in respect of such Aircraft

Equipment in transit by air

cancelled or terminated, will be

exceed USD……………….any

This insurance shall be governed by and construed in accordance with the law of India and each party agrees to




SECTION III – AVIATION INSURANCE

OPERATORS LIABILITYThe Insurers hereby agree to the extent and in the manner hereinafter provided, to pay on behalf of

sums which the Insured shall become legally obligated to pay to by final judgment be

exceeding the amounts specified in the Schedule, to any person or

a) for bodily injury including death at any time resulting therefrom (hereinafter referred to as

b) for loss of or damage to property of others (hereinafter

occurring during the period mentioned in the Schedule and arising out of the

below.

SECTION 1

Bodily injury or property damage

a) in or about the premises specified in the Schedule, as a direct result of the services granted

b) elsewhere in the course of any work or of the performance of any duties carried out by the

employees in connection with the business or operations specified in th

of the Insured or any of his employees engaged in the Insured’s

ways, works, machinery or plant used in the

THIS SECTION IS SUBJECT TO THE FOLLOWING EXCLUSIONS:

1. Loss of or damage to property owned, rented, leased or occupied by: whilst in the care,

whilst being handled, serviced or maintained by the Insured or any

deemed not to apply to vehicles that are

Schedule.

2. Bodily injury or property damage caused by

a) any mechanically propelled vehicle which the Insured may cause or permit any ot

such a manner as to render them responsible for

road traffic, or where no such law exists, whilst such vehicle is on any public highway.

b) any Ships, Vessels, Craft or Aircraft owned, chartered, used or operated by or on

exclusion shall be deemed not to apply to aircraft

indemnity is otherwise granted under Section 2 of th

3. Bodily Injury or property damage arising out of any Airmeet, Air Race, or Air Show, not

accommodation of spectators in connection therewith, unless

4. Bodily Injury or property damage arising out of construction of, demolition of or alterations

or Installations by the Insured or his contractors or sub

unless previously agreed by Insurers.




AVIATION INSURANCE - AIRPORT OWNERS AND

OPERATORS LIABILITY The Insurers hereby agree to the extent and in the manner hereinafter provided, to pay on behalf of

sums which the Insured shall become legally obligated to pay to by final judgment be adjudged to pay up to but not

ding the amounts specified in the Schedule, to any person or persons as damages.

a) for bodily injury including death at any time resulting therefrom (hereinafter referred to as

b) for loss of or damage to property of others (hereinafter referred to as property damage)

occurring during the period mentioned in the Schedule and arising out of the hazards set forth in Section 1,2 and 3

in the Schedule, as a direct result of the services granted

b) elsewhere in the course of any work or of the performance of any duties carried out by the

employees in connection with the business or operations specified in the Schedule. caused by the fault or negligence

of the Insured or any of his employees engaged in the Insured’s business or by any defect in the Insured’s premises,

ways, works, machinery or plant used in the Insured’s business.

THE FOLLOWING EXCLUSIONS:

1. Loss of or damage to property owned, rented, leased or occupied by: whilst in the care,

whilst being handled, serviced or maintained by the Insured or any servant of the Insured, but this exclusion shall

deemed not to apply to vehicles that are not the property of the Insured whilst on the premises specified in the

2. Bodily injury or property damage caused by

a) any mechanically propelled vehicle which the Insured may cause or permit any other person to use on the road in

such a manner as to render them responsible for insurance under any domestic or international law appertaining to

where no such law exists, whilst such vehicle is on any public highway.

ls, Craft or Aircraft owned, chartered, used or operated by or on account of the Insured, but this

exclusion shall be deemed not to apply to aircraft owned by others which are on the ground and for which

granted under Section 2 of this Policy, whether such Section is insured hereunder or

3. Bodily Injury or property damage arising out of any Airmeet, Air Race, or Air Show, not

accommodation of spectators in connection therewith, unless previously agreed by the Insurers.

4. Bodily Injury or property damage arising out of construction of, demolition of or alterations

or Installations by the Insured or his contractors or sub-contractors (other than normal maintenance operations)


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

AIRPORT OWNERS AND

The Insurers hereby agree to the extent and in the manner hereinafter provided, to pay on behalf of the Insured all

adjudged to pay up to but not

a) for bodily injury including death at any time resulting therefrom (hereinafter referred to as bodily injury) or

referred to as property damage) caused by accident

hazards set forth in Section 1,2 and 3

in the Schedule, as a direct result of the services granted by the Insured.

b) elsewhere in the course of any work or of the performance of any duties carried out by the Insured or his

caused by the fault or negligence

business or by any defect in the Insured’s premises,

1. Loss of or damage to property owned, rented, leased or occupied by: whilst in the care, custody or control of;

servant of the Insured, but this exclusion shall be

not the property of the Insured whilst on the premises specified in the

person to use on the road in

insurance under any domestic or international law appertaining to

account of the Insured, but this

owned by others which are on the ground and for which

is Policy, whether such Section is insured hereunder or not.

3. Bodily Injury or property damage arising out of any Airmeet, Air Race, or Air Show, not any stand used for the

the Insurers.

4. Bodily Injury or property damage arising out of construction of, demolition of or alterations to Building, Runways,

(other than normal maintenance operations)




5. Bodily Injury or property damage arising out of any goods or products manufactured,

repaired, serviced, treated, sold, supplied, or distributed by the

products have ceased to be in the possession or under the control of the Insured, but this exclusion shall be deemed

not to apply to the supply, by the Insured, of food or drink at the premises specified in the

Loss of or damage to Aircraft or Aircraft equipment, not owned, rented or leased by the Insured,

ground in the care, custody or control of or whilst being serviced, handled or

servant of the Insured.

THIS SECTION IS SUBJECT TO THE FOL

a) Loss of or damage to robes, wearing apparel, personal effects or merchandise of any

b) Loss of or damage to Aircraft or Aircraft equipment, hired or leased by or loaned to the

c) Loss of or damage to any Aircraft while in flight as defined.

Bodily Injury or property damage arising out of the possession, use, consumption or handling of any

products manufactured, constructed, altered, repaired, serviced, treated, sold, supplied or

or his employees, but only in respect of such goods or products which

aircraft, and then only after such goods or products have

Insured.

THIS SECTION IS SUBJECT TO THE FOLLOWING EXCLUSIONS:

a) Damage to the property of the Insured or to property within his care, custody or control.

b) The cost of repairing or replacing any defective goods o products manufactured, constructed,

serviced, treated, sold, supplied or distributed by the Insured or any

c) Loss arising out of improper or inadequate performance, design or specification but this

deemed not to apply to bodily injury or property damage as insured hereby

d) Loss of use of any Aircraft not actually lost or damaged in an accident giving rise to a claim

EXCLUSIONS APPLICABLE TO ALL SECTIONS OF THIS POLICY

1. THIS POLICY DOES NOT COVER liability for bodily injury to any person, who at the time of

injury is engaged in the service of the Insured or acting on his behalf, or liability

may be held liable under any workmans compens

any similar law.

2. THIS POLICY DOES NOT COVER the cost of making good any faculty workmanship for which

employees, contractors or subcontractors may be liable (but this limit

out of such faulty workmanship).

3. THIS POLICY DOES NOT COVER liability assumed by the Insured by Agreement under any

liability would have attached to the Insured even in the absence




5. Bodily Injury or property damage arising out of any goods or products manufactured,

repaired, serviced, treated, sold, supplied, or distributed by the Insured or his employees after such goods or

possession or under the control of the Insured, but this exclusion shall be deemed

apply to the supply, by the Insured, of food or drink at the premises specified in the Schedule.

SECTION 2

t or Aircraft equipment, not owned, rented or leased by the Insured,

ground in the care, custody or control of or whilst being serviced, handled or maintained by the Insured or any

THIS SECTION IS SUBJECT TO THE FOLLOWING EXCLUSIONS:-

a) Loss of or damage to robes, wearing apparel, personal effects or merchandise of any description.

b) Loss of or damage to Aircraft or Aircraft equipment, hired or leased by or loaned to the Insured.

Aircraft while in flight as defined.

SECTION 3

Bodily Injury or property damage arising out of the possession, use, consumption or handling of any

products manufactured, constructed, altered, repaired, serviced, treated, sold, supplied or distributed by the Insured

or his employees, but only in respect of such goods or products which form part of or are used in conjunction with

aircraft, and then only after such goods or products have ceased to be in the possession or under the control of t

THIS SECTION IS SUBJECT TO THE FOLLOWING EXCLUSIONS:-

a) Damage to the property of the Insured or to property within his care, custody or control.

b) The cost of repairing or replacing any defective goods o products manufactured, constructed,

serviced, treated, sold, supplied or distributed by the Insured or any defective part of parts thereof.

c) Loss arising out of improper or inadequate performance, design or specification but this

bodily injury or property damage as insured hereby resulting therefrom.

d) Loss of use of any Aircraft not actually lost or damaged in an accident giving rise to a claim

EXCLUSIONS APPLICABLE TO ALL SECTIONS OF THIS POLICY

NOT COVER liability for bodily injury to any person, who at the time of

injury is engaged in the service of the Insured or acting on his behalf, or liability for which the Insured or his insurer

may be held liable under any workmans compensation, unemployment compensation or disability benefits law or

2. THIS POLICY DOES NOT COVER the cost of making good any faculty workmanship for which

employees, contractors or subcontractors may be liable (but this limitation shall not exclude resulting damage arising

3. THIS POLICY DOES NOT COVER liability assumed by the Insured by Agreement under any

liability would have attached to the Insured even in the absence of such Agreement.


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5. Bodily Injury or property damage arising out of any goods or products manufactured, constructed, altered,

Insured or his employees after such goods or

possession or under the control of the Insured, but this exclusion shall be deemed

Schedule.

t or Aircraft equipment, not owned, rented or leased by the Insured, whilst on the

maintained by the Insured or any

description.

Insured.

Bodily Injury or property damage arising out of the possession, use, consumption or handling of any goods or

distributed by the Insured

form part of or are used in conjunction with

ceased to be in the possession or under the control of the

b) The cost of repairing or replacing any defective goods o products manufactured, constructed, altered, repaired,

defective part of parts thereof.

c) Loss arising out of improper or inadequate performance, design or specification but this exclusion shall be

resulting therefrom.

d) Loss of use of any Aircraft not actually lost or damaged in an accident giving rise to a claim hereunder.

NOT COVER liability for bodily injury to any person, who at the time of sustaining such

for which the Insured or his insurer

unemployment compensation or disability benefits law or

2. THIS POLICY DOES NOT COVER the cost of making good any faculty workmanship for which the Insured, his

not exclude resulting damage arising

3. THIS POLICY DOES NOT COVER liability assumed by the Insured by Agreement under any Contract unless such




4. THIS POLICY DOES NOT COVER liability if the Insured directly or indirectly occasioned by,

or in consequence of War, invasion, act of foreign enemy, hostilities

rebellion, revolution, insurrection or military or

5. THIS POLICY DOES NOT COVER liability arising out of the operation of an airfield control

previously agreed by Insurers.

6. Each section of this Policy excludes liability which is or

whether such other section is insured hereunder or not.

7. This Policy is subject to the attached Nuclear Exclusion Clause.

In addition to the limits set out in the Schedule,

in the defense of any claim made against the Insured.

PROVIDED THAT

in the event of their requiring any claim to be contested

a) If the claim be successfully resisted by the Insured th

by the Insured in connection therewith up to but not exceeding the

b) If a payment exceeding the sum insured has to be made to dispose of a claim, the liability of

costs, charges and expenses in connection therewith shall be limited to

expenses as the sum insured by this Policy

DEFINITIONS

1. ACCIDENT. The word “accident” shall be understood to mean an accident or series of

event or occurrence.

2. FLIGHT. The term “in flight” means the time commencing with the actual take off run of the

continuing thereafter until it has completed its landing run.

1. Upon the happening of any accident likely to give rise to a claim under this Policy or upon the

Insured of notice of any claim or of any other subsequent proceedings, notice

given to Insurers as soon as possible after the same

representative. Every letter, claim, writ, summons or process shall be forwarded to Insurers immediately o

by the Insured.

2. All notices as specified above shall be given by the Insured to the person(s) or firm named

Schedule.




4. THIS POLICY DOES NOT COVER liability if the Insured directly or indirectly occasioned by,

or in consequence of War, invasion, act of foreign enemy, hostilities (whether War be declared or not), civil war,

revolution, insurrection or military or usurped power.

5. THIS POLICY DOES NOT COVER liability arising out of the operation of an airfield control

6. Each section of this Policy excludes liability which is or would be covered under any other

whether such other section is insured hereunder or not.

7. This Policy is subject to the attached Nuclear Exclusion Clause.

PAYMENT OF COSTS

In addition to the limits set out in the Schedule, Insurers will pay all legal and other costs incurred

in the defense of any claim made against the Insured.

in the event of their requiring any claim to be contested

a) If the claim be successfully resisted by the Insured the Insurers will pay all costs, charges

by the Insured in connection therewith up to but not exceeding the sum insured under this Policy.

b) If a payment exceeding the sum insured has to be made to dispose of a claim, the liability of

costs, charges and expenses in connection therewith shall be limited to such proportion of the said costs, charges and

expenses as the sum insured by this Policy bears to the amount paid to dispose of the claim.

. The word “accident” shall be understood to mean an accident or series of accidents arising out of one

2. FLIGHT. The term “in flight” means the time commencing with the actual take off run of the

ntil it has completed its landing run.

GENERAL CONDITIONS

1. Upon the happening of any accident likely to give rise to a claim under this Policy or upon the

Insured of notice of any claim or of any other subsequent proceedings, notice in writing with full particulars shall be

given to Insurers as soon as possible after the same shall come to the knowledge of the Insured or the Insured’s

claim, writ, summons or process shall be forwarded to Insurers immediately o

2. All notices as specified above shall be given by the Insured to the person(s) or firm named


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

4. THIS POLICY DOES NOT COVER liability if the Insured directly or indirectly occasioned by, happening through

(whether War be declared or not), civil war,

5. THIS POLICY DOES NOT COVER liability arising out of the operation of an airfield control tower unless

would be covered under any other section of the Policy,

Insurers will pay all legal and other costs incurred with the consent

e Insurers will pay all costs, charges and expenses incurred

sum insured under this Policy.

b) If a payment exceeding the sum insured has to be made to dispose of a claim, the liability of Insurers to pay any

such proportion of the said costs, charges and

accidents arising out of one

2. FLIGHT. The term “in flight” means the time commencing with the actual take off run of the aircraft and

1. Upon the happening of any accident likely to give rise to a claim under this Policy or upon the receipt by the

iting with full particulars shall be

shall come to the knowledge of the Insured or the Insured’s

claim, writ, summons or process shall be forwarded to Insurers immediately on receipt

2. All notices as specified above shall be given by the Insured to the person(s) or firm named for the purpose in the




3. If any claim under this Policy is also covered in whole or in part by other insurance, the

be limited to their rateable proportion of such claim.

4. If the Insured shall make any claim knowing the same to be false or fraudulent as regards

this Policy shall become void, and all claims hereunder shall be

5. This Policy may be cancelled at any time at the written request of the Insured or may be

of the Insurers provided 15 days notice in writing be given. (Where

then the minimum period that is permitted

If the Policy shall be cancelled by the Insured the Insurers shall retain the earned premium

this Policy has been in force calculated in accordance with the

the minimum premium, calculated in accordance with the customary scale whichever is the greater.

If the Policy shall be cancelled by Insurers they shall retain the earned premium hereon for

has been in force, calculated in accordance with the basis in the

whichever is the greater. Notice of Cancellation by the Insurers shall be effective even though the Insurers make no

payment or tender of return premium.

6. It is a condition precedent to the right of the Insured to be indemnified under this Insurance

a) If after this Insurance has been effected, the risk is materially altered, such alterations

to the Insurers immediately.

b) No liability shall be admitted and no admission, arrangement, offer, promise or payment

Insured without the written consent of Insurers, who shall be

the name of the Insured the defense of any claim or to prosecute in the name of the Insured for their own benefit any

claim for indemnity or damages or otherwise against any third party, and shall have full discretion

any negotiations or proceedings or the settlement of any claim, and the

assistance as Insurers may require.

c) The Insured shall and will at all times exercise reasonable care in seeing that the ways,

machinery and appliances used in the Insured’s business are

the purpose for which they are used,

provided and used.

d) The Insured shall comply with all International and Government Regulations and Civil


liability of the Insurers in respect of any or all Insureds




3. If any claim under this Policy is also covered in whole or in part by other insurance, the

be limited to their rateable proportion of such claim.

4. If the Insured shall make any claim knowing the same to be false or fraudulent as regards

this Policy shall become void, and all claims hereunder shall be forfeited.

5. This Policy may be cancelled at any time at the written request of the Insured or may be cancelled by or on behalf

of the Insurers provided 15 days notice in writing be given. (Where 15 days notice is contrary to the law or statute

minimum period that is permitted shall be substituted therefore.)

If the Policy shall be cancelled by the Insured the Insurers shall retain the earned premium hereon for the period that

this Policy has been in force calculated in accordance with the basis in the Schedule, or the short rate proportion of

accordance with the customary scale whichever is the greater.

If the Policy shall be cancelled by Insurers they shall retain the earned premium hereon for the period

has been in force, calculated in accordance with the basis in the Schedule, or pro rata of the minimum premium,

Cancellation by the Insurers shall be effective even though the Insurers make no

6. It is a condition precedent to the right of the Insured to be indemnified under this Insurance

a) If after this Insurance has been effected, the risk is materially altered, such alterations must be notified in writing

b) No liability shall be admitted and no admission, arrangement, offer, promise or payment

Insured without the written consent of Insurers, who shall be entitled, if they so desire, to take over and conduct

of any claim or to prosecute in the name of the Insured for their own benefit any

indemnity or damages or otherwise against any third party, and shall have full discretion

or proceedings or the settlement of any claim, and the Insured shall give all such information and

c) The Insured shall and will at all times exercise reasonable care in seeing that the ways,

y and appliances used in the Insured’s business are substantial and sound and in proper order, and fit for

and that all reasonable safeguards and precautions against accidents are

comply with all International and Government Regulations and Civil Instructions.


liability of the Insurers in respect of any or all Insureds shall not exceed the limit(s) of liability stated in this Policy.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

liability of Insurers shall

4. If the Insured shall make any claim knowing the same to be false or fraudulent as regards amount or otherwise,

cancelled by or on behalf

15 days notice is contrary to the law or statute

hereon for the period that

basis in the Schedule, or the short rate proportion of

accordance with the customary scale whichever is the greater.

the period that this Policy

Schedule, or pro rata of the minimum premium,

Cancellation by the Insurers shall be effective even though the Insurers make no

6. It is a condition precedent to the right of the Insured to be indemnified under this Insurance that

must be notified in writing

b) No liability shall be admitted and no admission, arrangement, offer, promise or payment shall be made by the

entitled, if they so desire, to take over and conduct in

of any claim or to prosecute in the name of the Insured for their own benefit any

indemnity or damages or otherwise against any third party, and shall have full discretion in the conduct of

Insured shall give all such information and

c) The Insured shall and will at all times exercise reasonable care in seeing that the ways, implements, plant,

substantial and sound and in proper order, and fit for

and that all reasonable safeguards and precautions against accidents are

Instructions.

7. Notwithstanding the inclusion herein of more than one Insured, whether by endorsement or otherwise, the total

the limit(s) of liability stated in this Policy.




SECTION IV – AVIATION LIABILITY

Wherever used in this Policy, Schedule or Endorsement attaching hereto1. Aircraft

Aircraft shall be deemed to include lighter

2. Insured

Insured means the insured named herein and includes any subsidiary companies and any

may be declared to and agreed by the Insurers and also includes any

while acting within the scope of his duties as

3. Aviation Product

Aviation Product means any goods or products manufactured, constructed, altered, repaired,

supplied or distributed by the insured or his employees, but only i

part of or are used in conjunction with aircraft.

4. Bodily Injury

Bodily Injury means physical injury sustained by any person and shall be deemed to include

including death at any time resulting therefrom.

5. Flight

Flight means the time commencing with the actual take

completed its landing run. With respect to helicopters, Flight shall be

motion.

6. Occurrence

Occurrence means an accident or incident (other than a grounding), to which this insurance

Bodily Injury to a person or Property Damage. a series of accidents or

occurrence shall be deemed to be one occurrence.

7. On the Ground

On the Ground means at all times the Aircraft is not in Flight as defined.

8. Products Hazard

Products Hazard means the possession, use, consumption or handling of any Aviation Product

Aviation Product has ceased to be in possession or under the control of the

9. Property Damage




AVIATION LIABILITY INSURANCE

DEFINITIONS

Wherever used in this Policy, Schedule or Endorsement attaching hereto

Aircraft shall be deemed to include lighter-than-air aircraft and helicopters.

Insured means the insured named herein and includes any subsidiary companies and any

may be declared to and agreed by the Insurers and also includes any executive officer, employee or director thereof

hile acting within the scope of his duties as such.

Aviation Product means any goods or products manufactured, constructed, altered, repaired,

supplied or distributed by the insured or his employees, but only in respect of such goods or products which form

part of or are used in conjunction with aircraft.

Bodily Injury means physical injury sustained by any person and shall be deemed to include

resulting therefrom.

Flight means the time commencing with the actual take-off run of the aircraft and continuing

completed its landing run. With respect to helicopters, Flight shall be deemed to mean whilst the rotors

Occurrence means an accident or incident (other than a grounding), to which this insurance

Bodily Injury to a person or Property Damage. a series of accidents or incidents following as a consequence of on

occurrence shall be deemed to be one occurrence.

On the Ground means at all times the Aircraft is not in Flight as defined.

Products Hazard means the possession, use, consumption or handling of any Aviation Product

Aviation Product has ceased to be in possession or under the control of the Insured.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

INSURANCE

associated companies as

executive officer, employee or director thereof

Aviation Product means any goods or products manufactured, constructed, altered, repaired, serviced, treated, sold,

respect of such goods or products which form

Bodily Injury means physical injury sustained by any person and shall be deemed to include sickness or disease,

off run of the aircraft and continuing thereafter until it has

deemed to mean whilst the rotors are in

Occurrence means an accident or incident (other than a grounding), to which this insurance applies, which causes

incidents following as a consequence of one

Products Hazard means the possession, use, consumption or handling of any Aviation Product but only after such




Property Damage means accidental physical injury to or destruction of tangible property

of use of such injured or destroyed property.

In consideration of the premium paid, the Insurers, hereby agrees, upon the basis of declarations

Insured and subject to the terms, conditions, limitations and exclusions hereinafter

Insured in respect of Occurrences during the Policy Period, as detailed

SECTION A - AVIATION PREMISES LIABILITY

To pay on behalf of the Insured all sums which the Insured shall become legally obligated to pay up

exceeding, the amounts specified in the Schedule to any person or persons as damages

Property Damage caused by an Occurrence

1. in or about the Premises specified in the Schedule, as a direct result of the services

2. elsewhere in the course of any work or of the performance of any duties carried out by the Insured or his

employees in connection with the business or operations specified in the Schedule,

of the Insured or any of his employees engaged in the Insured's business

ways, works, machinery or plant used in the Insured's business.

EXCLUSIONS APPLICABLE TO SECTION A

Section A does not apply to:

1. Property Damage to property owned by, rented to or occupied by; whilst being handled, serviced or

by the Insured or any servant of the Insured, but this exclusion shall be deemed not to apply

the property of the Insured whilst on the Premises specified in the Schedule.

2. Bodily Injury or Property Damage caused by:

2.1. any mechanically propelled vehicle which the Insured may cause or permit any other person to

in such a manner as to render them responsible for

to road traffic, or where no such law exists, whilst such

2.2. any ships, vessels, craft or aircraft owned, chartered, used or operated by or on account of th

exclusion shall be deemed not to apply to aircraft owned by others which are on

indemnity is otherwise granted under Section B.

3. Bodily Injury or Property Damage arising out of any airmeet, air race, or air s





Property Damage means accidental physical injury to or destruction of tangible property including the resultant loss

injured or destroyed property.

INSURING AGREEMENTS

In consideration of the premium paid, the Insurers, hereby agrees, upon the basis of declarations

Insured and subject to the terms, conditions, limitations and exclusions hereinafter mentioned, to indemnify the

Insured in respect of Occurrences during the Policy Period, as detailed below.

AVIATION PREMISES LIABILITY

To pay on behalf of the Insured all sums which the Insured shall become legally obligated to pay up

exceeding, the amounts specified in the Schedule to any person or persons as damages in respect of Bodily Injury or

Property Damage caused by an Occurrence

1. in or about the Premises specified in the Schedule, as a direct result of the services granted by the


employees in connection with the business or operations specified in the Schedule, caused by the fault or negligence

e Insured or any of his employees engaged in the Insured's business or by any defect in the Insured's premises,

ways, works, machinery or plant used in the Insured's business.

EXCLUSIONS APPLICABLE TO SECTION A

amage to property owned by, rented to or occupied by; whilst being handled, serviced or

by the Insured or any servant of the Insured, but this exclusion shall be deemed not to apply

the Premises specified in the Schedule.

2. Bodily Injury or Property Damage caused by:

2.1. any mechanically propelled vehicle which the Insured may cause or permit any other person to

in such a manner as to render them responsible for insurance under any domestic or international law appertaining

to road traffic, or where no such law exists, whilst such vehicle is on any public highway.

2.2. any ships, vessels, craft or aircraft owned, chartered, used or operated by or on account of th

exclusion shall be deemed not to apply to aircraft owned by others which are on the ground and for which

indemnity is otherwise granted under Section B.

3. Bodily Injury or Property Damage arising out of any airmeet, air race, or air show or any stand used for



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

including the resultant loss

In consideration of the premium paid, the Insurers, hereby agrees, upon the basis of declarations made by the

mentioned, to indemnify the

To pay on behalf of the Insured all sums which the Insured shall become legally obligated to pay up to, but not

in respect of Bodily Injury or

granted by the Insured,


caused by the fault or negligence

or by any defect in the Insured's premises,

amage to property owned by, rented to or occupied by; whilst being handled, serviced or maintained

by the Insured or any servant of the Insured, but this exclusion shall be deemed not to apply to vehicles that are not

2.1. any mechanically propelled vehicle which the Insured may cause or permit any other person to use on the road

domestic or international law appertaining

2.2. any ships, vessels, craft or aircraft owned, chartered, used or operated by or on account of the Insured, but this

the ground and for which

how or any stand used for the





4. Bodily Injury or Property Damage arising out of the construction of, demolition of or alterations to

runways or installations by the Insured or their contractors or sub

operations) unless previously agreed by the Insurers.

5. Bodily Injury or Property Damage arising out of any goods or products manufactured, constructed,

repaired, serviced, treated, sold, supplied or distributed by the Insured after such goods or

be in the possession or under the control of the Insured, but this exclusion

supply, by the Insured, of food or drink at the Premises specified in

SECTION B

To pay for loss or damage to Aircraft or Aircraft equipment not owned, rented or leased by the Insured, whilst

the Ground in the care, custody or control

servant of the Insured but subject to the application of the Deductible as specified in the

EXCLUSIONS APPLICABLE TO SECTION B

Section B does not apply to:

1. loss of or damage to robes, wearing apparel, personal effects or merchandise of any description.

2. loss of or damage to Aircraft or Aircraft equipment, hired or leased by or loaned to the Insured.

3. Loss of or damage to any aircraft whilst in Flight as defined.

SECTION C

To pay on behalf of the Insured all sums which the Insured shall become legally liable to pay as damages

Bodily Injury sustained by any person and for Property Damage arising out of the Products

EXCLUSIONS APPLICABLE TO SECTION C

Section C does not apply to:-

1. Property Damage, including the loss of use of such property Owned by, rented, leased, occupied or used

the care, custody or control of the Insured at the time of the Occ

2. legal liability for the cost or expense of the Insured for the inspection, repair, alteration, modification or

replacement of any defective Aviation Product.

3. loss arising out of improper or inadequate performance, design or specification b

not to apply to Bodily Injury or Property Damage resulting therefrom.

4. loss of use of any Aircraft not actually lost or damaged in an accident giving rise to a claim hereunder.

GENERAL EXCLUSIONS APPLICABLE TO ALL SECT

This Policy does not apply:




4. Bodily Injury or Property Damage arising out of the construction of, demolition of or alterations to

allations by the Insured or their contractors or sub-contractors (other than

operations) unless previously agreed by the Insurers.

5. Bodily Injury or Property Damage arising out of any goods or products manufactured, constructed,

repaired, serviced, treated, sold, supplied or distributed by the Insured after such goods or

be in the possession or under the control of the Insured, but this exclusion shall be deemed not to apply to the

d, of food or drink at the Premises specified in the Schedule.

SECTION B - HANGARKEEPERS LIABILITY

To pay for loss or damage to Aircraft or Aircraft equipment not owned, rented or leased by the Insured, whilst

the Ground in the care, custody or control of or whilst being serviced, handled or maintained by the

servant of the Insured but subject to the application of the Deductible as specified in the Schedule.

EXCLUSIONS APPLICABLE TO SECTION B

damage to robes, wearing apparel, personal effects or merchandise of any description.


3. Loss of or damage to any aircraft whilst in Flight as defined.

SECTION C - AVIATION PRODUCTS LEGAL LIABILITY

To pay on behalf of the Insured all sums which the Insured shall become legally liable to pay as damages

Bodily Injury sustained by any person and for Property Damage arising out of the Products Hazard.

EXCLUSIONS APPLICABLE TO SECTION C

1. Property Damage, including the loss of use of such property Owned by, rented, leased, occupied or used

the care, custody or control of the Insured at the time of the Occurrence.


replacement of any defective Aviation Product.

3. loss arising out of improper or inadequate performance, design or specification but this exclusion shall be

not to apply to Bodily Injury or Property Damage resulting therefrom.


GENERAL EXCLUSIONS APPLICABLE TO ALL SECTION OF THIS POLICY


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

4. Bodily Injury or Property Damage arising out of the construction of, demolition of or alterations to buildings,

contractors (other than normal maintenance

5. Bodily Injury or Property Damage arising out of any goods or products manufactured, constructed, altered,

products have ceased to

shall be deemed not to apply to the

To pay for loss or damage to Aircraft or Aircraft equipment not owned, rented or leased by the Insured, whilst On

of or whilst being serviced, handled or maintained by the Insured or any

Schedule.

damage to robes, wearing apparel, personal effects or merchandise of any description.


To pay on behalf of the Insured all sums which the Insured shall become legally liable to pay as damages because of

Hazard.

1. Property Damage, including the loss of use of such property Owned by, rented, leased, occupied or used by or in


ut this exclusion shall be deemed





1. To:

1.1. 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

1.2. any legal liability of whatsoever nature

1.3. the radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or

nuclear component thereof;

1.4. ionizing radiations or contamination b


2. 2.1 to claims directly or indirectly occasioned by, happening through or in consequence of:

2.1.1. noise (whether audible to the human ear or not), vibration, sonic boom and any phenomena

therewith;

2.1.2. pollution and contamination of any kind whatsoever;

2.1.3. electrical and electromagnetic interference;

2.1.4. interference with the use of property;

recorded in-flight emergency causing abnormal aircraft operation.

2.2. With respect to any provision in the Policy concerning any duty of the Insurers to investigate or

defend claims, such provision shall not apply and the Insurers shall not be required to defend:

2.2.1. claims excluded by paragraph 2.1. or;

2.2.2. a claim or claims covered by the Policy when combined with any claims excluded by paragraph

2.1. (referred to below as "Combined Clai

2.3. In respect of any Combined Claims, the Insurers shall (subject to proof of loss and the limits of the

reimburse the Insured for that portion of the following items which may be allocated to the

Policy:

2.3.1. damages awarded against the Insured and

2.3.2. defence fees and expenses incurred by the Insured.

2.4. Nothing herein shall override any nuclear risks or other exclusion clause attached to or forming part

of the Policy.





resulting or arising therefrom or any consequential loss

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


1.4. ionizing radiations or contamination by radioactivity from, or the toxic, explosive or other hazardous



uman ear or not), vibration, sonic boom and any phenomena

2.1.2. pollution and contamination of any kind whatsoever;

2.1.3. electrical and electromagnetic interference;

2.1.4. interference with the use of property; unless caused by or resulting in a crash fire explosion or collision or a

causing abnormal aircraft operation.


n shall not apply and the Insurers shall not be required to defend:

2.2.1. claims excluded by paragraph 2.1. or;


2.1. (referred to below as "Combined Claims").

2.3. In respect of any Combined Claims, the Insurers shall (subject to proof of loss and the limits of the


damages awarded against the Insured and

2.3.2. defence fees and expenses incurred by the Insured.



400078. Tel.: +91 22 6638 3600 | Fax: 91 22




y radioactivity from, or the toxic, explosive or other hazardous properties


uman ear or not), vibration, sonic boom and any phenomena associated

or resulting in a crash fire explosion or collision or a


n shall not apply and the Insurers shall not be required to defend:


2.3. In respect of any Combined Claims, the Insurers shall (subject to proof of loss and the limits of the Policy)

reimburse the Insured for that portion of the following items which may be allocated to the claims covered by this





In respect of Section C only, paragraph 2.1.2. above does not apply to the pollution and contamination

of a product sold or supplied by the Insured.

3. WAR, HIJACKING AND OTHER PERILS EXCLUSION (AVN48B)

to claims caused by:-

3.1. War, invasion, acts of foreign enemies, hostilities (whet

revolution, insurrection, martial law, military or usurped power or attempts at usurpation of

3.2. Any hostile detonation of any weapon of war employing atomic or nuclear fission and/or fusion or


3.3. Strikes, riots, civil commotions or labour disturbances.

3.4. Any act of one or more persons, whether or not agents of a sovereign Power, for political or terrorist


3.5. Any malicious act or act of sabotage.

3.6. Confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by


3.7. Hi-jacking or any unlawful seizure or wrongful exercise of control of the Aircraft or crew in flight

attempt at such seizure or control) made by any person or persons on

of the Insured.

Furthermore this Policy does not cover claims arising whilst the Aircraft is outside the control of the

reason of any of the above perils. The Aircraft shall be deemed to have been

the safe return of the Aircraft to the Insured at an airfield not excluded by the

entirely suitable for the operation of the Aircraft (such safe return

engines shut down and under no duress).

4. DATE RECOGNITION EXCLUSION CLAUSE (AVN2000A)

4.1. This Policy does not cover any claim, damage, injury, loss, cost, expense or liability (whether in

negligence, product liability, misrepresentation, fraud or otherwise) of any nature

occasioned by or in consequence of (whether directly or indirectly and

4.1.1. the failure or inability of any computer hardware, software,

equipment or system (whether in the possession of the Insured

process, exchange or transfer year, date or time data or information in connection with any

time; whether on or before or after such change of year, date or time;




agraph 2.1.2. above does not apply to the pollution and contamination

of a product sold or supplied by the Insured.

3. WAR, HIJACKING AND OTHER PERILS EXCLUSION (AVN48B)

3.1. War, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war,

revolution, insurrection, martial law, military or usurped power or attempts at usurpation of

3.2. Any hostile detonation of any weapon of war employing atomic or nuclear fission and/or fusion or

3.3. Strikes, riots, civil commotions or labour disturbances.

3.4. Any act of one or more persons, whether or not agents of a sovereign Power, for political or terrorist

damage resulting therefrom is accidental or intentional.

3.5. Any malicious act or act of sabotage.

3.6. Confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by

hether civil, military or de facto) or public or local authority.



Furthermore this Policy does not cover claims arising whilst the Aircraft is outside the control of the

reason of any of the above perils. The Aircraft shall be deemed to have been restored to the control of the Insured on

the safe return of the Aircraft to the Insured at an airfield not excluded by the geographical limits of this Policy, and

entirely suitable for the operation of the Aircraft (such safe return shall require that the

engines shut down and under no duress).

4. DATE RECOGNITION EXCLUSION CLAUSE (AVN2000A)

4.1. This Policy does not cover any claim, damage, injury, loss, cost, expense or liability (whether in

ability, misrepresentation, fraud or otherwise) of any nature whatsoever arising from or


4.1.1. the failure or inability of any computer hardware, software, integrated circuit, chip or


date or time data or information in connection with any



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

agraph 2.1.2. above does not apply to the pollution and contamination

her war be declared or not), civil war, rebellion,


3.2. Any hostile detonation of any weapon of war employing atomic or nuclear fission and/or fusion or other like

3.4. Any act of one or more persons, whether or not agents of a sovereign Power, for political or terrorist purposes

3.6. Confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or under


Aircraft acting without the consent

Furthermore this Policy does not cover claims arising whilst the Aircraft is outside the control of the Insured by

control of the Insured on

geographical limits of this Policy, and

Aircraft be parked with

4.1. This Policy does not cover any claim, damage, injury, loss, cost, expense or liability (whether in contract, tort,

whatsoever arising from or

whether wholly or partly):

integrated circuit, chip or information technology

or of any third party) accurately or completely to

date or time data or information in connection with any change of year, date or




4.1.2. any implemented or attempted change or modification of any computer hardware,

chip or information technology equipment or s

in anticipation of or in response to any such change of year, date or time, or any advice given or services

performed in connection with any such change or modification;

4.1.3. any non-use or unavailability for use of any property or equipment of any kind

act, failure to act or decision of the Insured or of any third

any provision in this Policy concerning any duty of Insurers to investigate or defend claims shall not apply to any

claims so excluded

5. CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999 EXCLUSION CLAUSE (AVN72)

The rights of a person who is not a party to this insurance or reinsurance to

reinsurance and/or not to have this insurance or reinsurance rescinded, varied or altered

virtue of the provisions of the Contracts (Rights of Third Parties) Act 1999 are

6. to any obligation for which the Insured or his Insurer may be held liable under any Employers' Liability

Workmens' Compensation law, unemployment compensation or disability benefits law, or under any

to Bodily Injury of any employee of the Insured arising out of and in the course of his

employment by the Insured.

7. to any legal liability assumed by the Insured under any contract or agreement greater than the liability

would have been imposed by law in the absence of any ex

8. to liability arising out of the operation of an airfield control tower unless previously agreed in writing by

Insurers.

9. to the cost of making good any faulty workmanship for which the Insured, his empl

contractors may be liable (but this limitation shall not exclude resulting damage arising out of such

workmanship).

PAYMENT OF COSTS

In addition to the payment of any claim for damages made under this Policy the Insurers

against the Insured and interest accruing after entry of judgement until the Insurers have paid,

deposited in court such part of such judgement as does not exceed the applicable limit of the

PAYMENT OF DEFENCE AND SETTLEMENT EXPENSESWith respect to the insurance afforded under this Policy the Insurers will:

1. Defend any suit against the Insured alleging Bodily Injury, or Property Damage even if such suit is

false or fraudulent, but the Insurers may make such investigation, negotiation and

they deem expedient.




4.1.2. any implemented or attempted change or modification of any computer hardware, software, integrated circuit,


response to any such change of year, date or time, or any advice given or services

performed in connection with any such change or modification;


act, failure to act or decision of the Insured or of any third party related to any such change of year, date or time; and

ncerning any duty of Insurers to investigate or defend claims shall not apply to any

5. CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999 EXCLUSION CLAUSE (AVN72)

The rights of a person who is not a party to this insurance or reinsurance to enforce a term of this

reinsurance and/or not to have this insurance or reinsurance rescinded, varied or altered

virtue of the provisions of the Contracts (Rights of Third Parties) Act 1999 are excluded from this insuran

6. to any obligation for which the Insured or his Insurer may be held liable under any Employers' Liability

Workmens' Compensation law, unemployment compensation or disability benefits law, or under any

yee of the Insured arising out of and in the course of his

7. to any legal liability assumed by the Insured under any contract or agreement greater than the liability

would have been imposed by law in the absence of any express contract or assumption of liability.

8. to liability arising out of the operation of an airfield control tower unless previously agreed in writing by

9. to the cost of making good any faulty workmanship for which the Insured, his employees, contractors or

contractors may be liable (but this limitation shall not exclude resulting damage arising out of such

In addition to the payment of any claim for damages made under this Policy the Insurers will pay costs

against the Insured and interest accruing after entry of judgement until the Insurers have paid,

deposited in court such part of such judgement as does not exceed the applicable limit of the

ENT OF DEFENCE AND SETTLEMENT EXPENSES With respect to the insurance afforded under this Policy the Insurers will:

1. Defend any suit against the Insured alleging Bodily Injury, or Property Damage even if such suit is

the Insurers may make such investigation, negotiation and settlement of any claim or suit as


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

software, integrated circuit,

(whether in the possession of the Insured or of any third party)

response to any such change of year, date or time, or any advice given or services

whatsoever resulting from any

party related to any such change of year, date or time; and

ncerning any duty of Insurers to investigate or defend claims shall not apply to any

enforce a term of this insurance or


excluded from this insurance.

6. to any obligation for which the Insured or his Insurer may be held liable under any Employers' Liability or

Workmens' Compensation law, unemployment compensation or disability benefits law, or under any similar law, or

7. to any legal liability assumed by the Insured under any contract or agreement greater than the liability which

liability.

8. to liability arising out of the operation of an airfield control tower unless previously agreed in writing by the

oyees, contractors or sub-

contractors may be liable (but this limitation shall not exclude resulting damage arising out of such faulty

will pay costs recoverable

against the Insured and interest accruing after entry of judgement until the Insurers have paid, tendered or

deposited in court such part of such judgement as does not exceed the applicable limit of the Insurers' liability.

1. Defend any suit against the Insured alleging Bodily Injury, or Property Damage even if such suit is groundless,

settlement of any claim or suit as




2. Pay the following:

2.1. Costs and Expenses incurred in the defence of any such suit;

2.2. Premiums on bonds to release attachments for an

premiums on appeal bonds required in any such defended suit, but without any

any such bonds.

The amounts incurred with the consent of the Insurers under thi

to the applicable limit of liability of this Policy.

However, as respects Section C, the Insurers shall not be obligated to defend any suit or pay any costs,

premiums incurred after the aggregate limit of liability applying to Section C has been

the Insured shall have the right to take over control of proceedings from the

POLICY PERIOD This Policy applies only with respect to Occurrences which take

Occurrence involving a missing or unreported Aircraft shall be deemed to occur at the time such Aircraft

commences flight or is last reported, whichever last occurs. The Policy Period shall commence and end

stated in the Schedule.

TERRITORY This Policy applies to Occurrences anywhere, but if claim is made or suit is brought elsewhere than within

European Community (E.E.C.), the United States of America or Canada and their territories or

Insurers shall have the right but not the duty to investigate and settle such claims and to

case in which the Insurers elect not to investigate, settle or defend, the Insured

will make or cause to be made such investigation and defence as is

authorisation by the Insurers will effect to the extent possible such

Insurers shall reimburse the Insured for the reasonable costs

of liability of the Policy, for the amounts of such

CONDITIONS

1. Limit of Liability

1.1. The Insurers's limit of liability for damages shall be

1.1.1. With respect to Section C, the aggregate Limit of Liability of the Insurers stated in the

all payments made under this insurance for all damages during

1.2. In the event of more than one Insured being covered by this Policy, each shall have the same

have been available had this Policy been issued individually to each of them;

hereunder of more than one Insured shall

which they would have been liable had there been only one organization insured under this Policy.




2.1. Costs and Expenses incurred in the defence of any such suit;

2.2. Premiums on bonds to release attachments for an amount not in excess of the limit of liability of

premiums on appeal bonds required in any such defended suit, but without any obligation to apply for or furnish

The amounts incurred with the consent of the Insurers under this agreement are payable by the

to the applicable limit of liability of this Policy.

However, as respects Section C, the Insurers shall not be obligated to defend any suit or pay any costs,

gate limit of liability applying to Section C has been exhausted: and, in this event,

the Insured shall have the right to take over control of proceedings from the Insurers.

This Policy applies only with respect to Occurrences which take place during the Policy Period; provided, that


commences flight or is last reported, whichever last occurs. The Policy Period shall commence and end

This Policy applies to Occurrences anywhere, but if claim is made or suit is brought elsewhere than within

European Community (E.E.C.), the United States of America or Canada and their territories or

Insurers shall have the right but not the duty to investigate and settle such claims and to defend such suits. In any

case in which the Insurers elect not to investigate, settle or defend, the Insured under the supervision of the Insurers,

ll make or cause to be made such investigation and defence as is reasonably necessary, and subject to prior

authorisation by the Insurers will effect to the extent possible such settlements as the Insurers deem prudent. The

ured for the reasonable costs of such investigation and defence, and within the limits

of liability of the Policy, for the amounts of such authorised settlement.

1.1. The Insurers's limit of liability for damages shall be as set forth in the Schedule.

1.1.1. With respect to Section C, the aggregate Limit of Liability of the Insurers stated in the

all payments made under this insurance for all damages during the Policy Period.

f more than one Insured being covered by this Policy, each shall have the same

have been available had this Policy been issued individually to each of them; provided, however, that the inclusion

hereunder of more than one Insured shall not operate to increase the liability of the Insurers beyond the amount for

there been only one organization insured under this Policy.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

amount not in excess of the limit of liability of this Policy;

obligation to apply for or furnish

s agreement are payable by the Insurers in addition

However, as respects Section C, the Insurers shall not be obligated to defend any suit or pay any costs, expenses or

exhausted: and, in this event,

place during the Policy Period; provided, that an


commences flight or is last reported, whichever last occurs. The Policy Period shall commence and end on the dates

This Policy applies to Occurrences anywhere, but if claim is made or suit is brought elsewhere than within the

European Community (E.E.C.), the United States of America or Canada and their territories or possessions, the

defend such suits. In any

under the supervision of the Insurers,

reasonably necessary, and subject to prior

settlements as the Insurers deem prudent. The

of such investigation and defence, and within the limits

Schedule is applicable to

f more than one Insured being covered by this Policy, each shall have the same protection as would

provided, however, that the inclusion

increase the liability of the Insurers beyond the amount for

there been only one organization insured under this Policy.




2. Material Change

Should there be any material change in the circumstances or na

the Insured shall give immediate notice thereof to the Insurers, and no claim arising

be recoverable hereunder unless such change has been accepted by

3. Assignment

This Policy shall not be assigned in whole or in part except with the consent of the Insurers verified by

hereon.

4. Notice of Occurrence

4.1. When an Occurrence takes place, written notice shall be given by or on behalf of the Insu

through their authorised agents appointed for this purpose (as set forth in the

4.2. Such notice shall contain reasonably obtainable information respecting the time, place and

Occurrence and the names and addresses of available witnesses.

5. Notice of Claim or Suit

If claim is made or suit is brought against the Insured, the Insured shall as soon as practicable forward to

Insurers' authorised agents appointed for that purpose e

them or their representatives.

6. Assistance and Co-operation of the Insured

The Insured shall co-operate with the Insurers and, upon the Insurers' request shall attend hearings and

shall assist in effecting settlements, securing and giving evidence, obtaining the attendance of

conduct of suits. The Insured shall not make any payment, assume any obligation

prior consent of the Insurers.

7. Arbitration

If any dispute shall arise between the Insured and the Insurers in connection with this insurance such

dispute shall be submitted to Arbitration in London in accordance with the statutory

the time being in force.

8. Action Against the Insurers

8.1. No action shall lie against the Insurers unless, as a condition precedent thereto, the Insured shall

complied with all the terms of this Policy, nor until the amount of the Insured's

finally determined either by judgement against the Insured after

arbitration proceedings against which the Insurers

the claimant and the Insurers.

8.2. Nothing contained in this Policy shall give any person or organisation any right to join the Insurers

defendant in any action against the Insured to determine the Insured's liability.




Should there be any material change in the circumstances or nature of the risks which are the basis of

the Insured shall give immediate notice thereof to the Insurers, and no claim arising subsequent to such change shall

be recoverable hereunder unless such change has been accepted by the Insurers.

This Policy shall not be assigned in whole or in part except with the consent of the Insurers verified by

4.1. When an Occurrence takes place, written notice shall be given by or on behalf of the Insu

through their authorised agents appointed for this purpose (as set forth in the Schedule) as soon as practicable.

4.2. Such notice shall contain reasonably obtainable information respecting the time, place and

rrence and the names and addresses of available witnesses.

If claim is made or suit is brought against the Insured, the Insured shall as soon as practicable forward to

Insurers' authorised agents appointed for that purpose every demand, notice, summons or other

operation of the Insured

operate with the Insurers and, upon the Insurers' request shall attend hearings and

l assist in effecting settlements, securing and giving evidence, obtaining the attendance of

conduct of suits. The Insured shall not make any payment, assume any obligation or incur any expense without

If any dispute shall arise between the Insured and the Insurers in connection with this insurance such

dispute shall be submitted to Arbitration in London in accordance with the statutory provision for Arbitration for

8.1. No action shall lie against the Insurers unless, as a condition precedent thereto, the Insured shall

complied with all the terms of this Policy, nor until the amount of the Insured's obligation to pay shall have been

finally determined either by judgement against the Insured after actual trial or award against the Insured in any

arbitration proceedings against which the Insurers does not wish to appeal or by written agreement of the Insured,

8.2. Nothing contained in this Policy shall give any person or organisation any right to join the Insurers

defendant in any action against the Insured to determine the Insured's liability.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

ture of the risks which are the basis of this contract

subsequent to such change shall

This Policy shall not be assigned in whole or in part except with the consent of the Insurers verified by endorsement

4.1. When an Occurrence takes place, written notice shall be given by or on behalf of the Insured to the Insurers

Schedule) as soon as practicable.

4.2. Such notice shall contain reasonably obtainable information respecting the time, place and circumstances of the

If claim is made or suit is brought against the Insured, the Insured shall as soon as practicable forward to the

very demand, notice, summons or other process received by

operate with the Insurers and, upon the Insurers' request shall attend hearings and trials and

l assist in effecting settlements, securing and giving evidence, obtaining the attendance of witnesses and in the

or incur any expense without

If any dispute shall arise between the Insured and the Insurers in connection with this insurance such difference or

provision for Arbitration for

8.1. No action shall lie against the Insurers unless, as a condition precedent thereto, the Insured shall have fully

n to pay shall have been

actual trial or award against the Insured in any

does not wish to appeal or by written agreement of the Insured,

8.2. Nothing contained in this Policy shall give any person or organisation any right to join the Insurers as a co-




9. Non-payment of Premium

9.1. In the event of non-payment of premium by the Insured this Policy may be cancelled by or onbehalf of the

Insurers provided 10 days notice be given to the Insured at his/their last address.

9.2. If this policy is cancelled the Insurers or their

demand payment of premium from the Insured for the period this Policy has

Premium as set out in the Schedule.

10. Cancellation

10.1. This Policy may be cancelled at any time at the written request of the Insured or may be

behalf of the Insurers provided 30 days notice in writing be given.

10.2. If this Policy shall be cancelled by the Insured, the Insurers shall retain short rate of

period that this Policy has been in force, calculated in accordance with the

10.3. If this Policy shall be cancelled by the Insurers they shall retain the pro rata premium hereon for

this Policy has been in force. Notice of cancellation by the Insurers shall be

no payment or tender of return premium.

11. Other Insurance

11.1. If any claim under this Policy is also covered in whole or in part by any other

Insurers shall be limited to their rateable proportion of such claim.

11.2. If any such insurance is specifically arranged by or for the Insured for a sum in excess of the total

insurance afforded by this Policy then the liability of the Insurers to pay any costs,

connection therewith shall be limited to such proportion of the said

Liability afforded by this Policy bears to the amount

12. Subrogation

In the event of any payment under this Policy, the Insurers shall be subrogated to all the Insured's rights

therefor against any person or organisation and the Insured shall execute and deliver

whatever else is necessary to secure such rights. The Insured shall do

13. Inadvertent Errors or Omissions

Inadvertent errors or omissions or failure to give notice to the Insurers as herein req

relieve the Insurers of Liability under this Policy, provided that such error or omission shall be corrected

as soon as discovered.

14. Conditions Precedent

It is a condition precedent to the right of the Insured to be indemnified under




payment of premium by the Insured this Policy may be cancelled by or onbehalf of the

Insurers provided 10 days notice be given to the Insured at his/their last address.

9.2. If this policy is cancelled the Insurers or their authorised agents appointed for this purpose

demand payment of premium from the Insured for the period this Policy has been in force calculated at pro rata of

be cancelled at any time at the written request of the Insured or may be

behalf of the Insurers provided 30 days notice in writing be given.

10.2. If this Policy shall be cancelled by the Insured, the Insurers shall retain short rate of the premium

period that this Policy has been in force, calculated in accordance with the customary scale.

10.3. If this Policy shall be cancelled by the Insurers they shall retain the pro rata premium hereon for

has been in force. Notice of cancellation by the Insurers shall be effective even though the Insurers make

no payment or tender of return premium.

11.1. If any claim under this Policy is also covered in whole or in part by any other insurance, the

Insurers shall be limited to their rateable proportion of such claim.

11.2. If any such insurance is specifically arranged by or for the Insured for a sum in excess of the total

then the liability of the Insurers to pay any costs, charges and expenses in

connection therewith shall be limited to such proportion of the said costs, charges and expenses as the Limit of

Liability afforded by this Policy bears to the amount paid to dispose of the claim.

In the event of any payment under this Policy, the Insurers shall be subrogated to all the Insured's rights

therefor against any person or organisation and the Insured shall execute and deliver instruments an

whatever else is necessary to secure such rights. The Insured shall do nothing after loss to prejudice such rights.

Inadvertent errors or omissions or failure to give notice to the Insurers as herein required shall not


It is a condition precedent to the right of the Insured to be indemnified under this insurance that:


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

payment of premium by the Insured this Policy may be cancelled by or onbehalf of the

authorised agents appointed for this purpose reserve the right to

been in force calculated at pro rata of

be cancelled at any time at the written request of the Insured or may be cancelled by or on

the premium hereon for the

10.3. If this Policy shall be cancelled by the Insurers they shall retain the pro rata premium hereon for the period that

effective even though the Insurers make

insurance, the liability of the

11.2. If any such insurance is specifically arranged by or for the Insured for a sum in excess of the total amount of

charges and expenses in

costs, charges and expenses as the Limit of

In the event of any payment under this Policy, the Insurers shall be subrogated to all the Insured's rights of recovery

instruments and papers and do

nothing after loss to prejudice such rights.

uired shall not


this insurance that:




14.1. no liability shall be admitted and no admission, arrangement, offer, promise or payment shall be

Insured without the written consent of the Insurers, who shall be entitled, if they so

in the name of the Insured the defence of any claim or to

any claim for indemnity or damages or

conduct of any negotiations or proceedings or the settlement of any claim, and the Insured shall give all such

information and assistance as the Insurers may require.

14.2. the Insured shall and will at all times exercise reasonable care in seeing that the ways,

machinery and appliances used in the Insured's business are substantial and

the purpose for which they are used, and that all reasonable

provided and used.

14.3. the Insured shall comply with all International and Government Regulations and Civil Instructions.

SECTION V – AVIATION

SECTION 1

WHAT THIS SECTION COVERS

The Insurers will indemnify the Insured for all sums, up to the

Insured is held legally liable to pay, and shall pay, as compensatory damages for

caused by an Occurrence at or about any airport or heliport

1. the fault or negligence of the Insured or

2. any defect in the Insured's premises, storage facilities, ways, equipment, installations, or vehicles

the Insured's business of storage and supply of aviation f

services directly related to such storage and supply, in connection with the use

WHAT THIS SECTION DOES NOT COVER

The Insurers will not pay:-

1. for Bodily Injury or Property Damage caused

Insured in circumstances which are covered by the requirements of any motor

2. for Bodily Injury or Property Damage caused by any ships, vessels, watercraft or aircraft

chartered, used or operated by or on behalf of the Insured.

3. claims arising out of construction or demolition operations by or on behalf of the Insured or their

contractors or sub-contractors.




14.1. no liability shall be admitted and no admission, arrangement, offer, promise or payment shall be

Insured without the written consent of the Insurers, who shall be entitled, if they so desire, to take over and conduct

in the name of the Insured the defence of any claim or to prosecute in the name of the Insured for their own benefit

any claim for indemnity or damages or otherwise against any third party, and shall have full discretion in the

or proceedings or the settlement of any claim, and the Insured shall give all such

assistance as the Insurers may require.

14.2. the Insured shall and will at all times exercise reasonable care in seeing that the ways,

achinery and appliances used in the Insured's business are substantial and sound and in proper order and fit for

the purpose for which they are used, and that all reasonable safeguards and precautions against accidents are

sured shall comply with all International and Government Regulations and Civil Instructions.

AVIATION INSURANCE - FUEL SUPPLIERS

LIABILITY

SECTION 1 - PREMISES LIABILITY

The Insurers will indemnify the Insured for all sums, up to the Limit of Indemnity stated in the

Insured is held legally liable to pay, and shall pay, as compensatory damages for Bodily Injury and Property Damage

caused by an Occurrence at or about any airport or heliport location where the Insured operates, as a direct result of

1. the fault or negligence of the Insured or

2. any defect in the Insured's premises, storage facilities, ways, equipment, installations, or vehicles

the Insured's business of storage and supply of aviation fuel, lubricants and hydraulic

services directly related to such storage and supply, in connection with the use of aircraft.


1. for Bodily Injury or Property Damage caused by any mechanically propelled vehicle used by or on

Insured in circumstances which are covered by the requirements of any motor insurance law.

2. for Bodily Injury or Property Damage caused by any ships, vessels, watercraft or aircraft owned,

chartered, used or operated by or on behalf of the Insured.



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

14.1. no liability shall be admitted and no admission, arrangement, offer, promise or payment shall be made by the

desire, to take over and conduct

prosecute in the name of the Insured for their own benefit

otherwise against any third party, and shall have full discretion in the

or proceedings or the settlement of any claim, and the Insured shall give all such

14.2. the Insured shall and will at all times exercise reasonable care in seeing that the ways, implements, plant,

sound and in proper order and fit for

safeguards and precautions against accidents are

sured shall comply with all International and Government Regulations and Civil Instructions.

FUEL SUPPLIERS

Limit of Indemnity stated in the Schedule, which the

Bodily Injury and Property Damage

operates, as a direct result of

2. any defect in the Insured's premises, storage facilities, ways, equipment, installations, or vehicles arising out of

fluids or equipment or

by any mechanically propelled vehicle used by or on behalf of the

insurance law.

owned,





4. claims covered under Section 2.

SECTION 2

WHAT THIS SECTION COVERS


Insured is held legally liable to pay, and shall pay, as compensatory damages for

arising out of products being aviation fuels, lubricants, hydraulic

by the Insured to others but only such products

possession of the products.



1. the cost of repairing or replacing a defective product or the cost or expense to the Insured or any

behalf of the Insured for inspecting or in

product not involved in an Occurrence.

2. for loss arising from the failure of a product to perform or from poor performance of a product

or performance causes Bodily Injury or Property Damage as covered under

3. for loss of use of an aircraft not lost or damaged in an Occurrence.

4. for loss arising out of the withdrawal or restriction imposed on the use of any product.

WHAT IS NOT COVERED BY SECTIONS 1 AND 2 OF THIS POLICY


1. for Property Damage to property which the Insured owns, leases, rents, uses or occupies or which

custody or control.

2. for Bodily Injury to any person arising out of and in

which the Insured or their insurers may be held liable under any workers

unemployment compensation or disability benefits law or any

3. the cost of repairing or rectifying any work incorrectly done or the cost of replacing any part

of such incorrect work.

4. punitive, aggravated or exemplary damages.

5. claims which are payable under any other policy of insurance, except i

which would have been payable under such other policy had this Policy not




SECTION 2 - PRODUCTS LIABILITY


Insured is held legally liable to pay, and shall pay, as compensatory damages for Bodily Injury or Property Damage

arising out of products being aviation fuels, lubricants, hydraulic fluids or equipment sold, supplied or distributed

by the Insured to others but only such products related to aircraft and then only after the Insured has relinqui


1. the cost of repairing or replacing a defective product or the cost or expense to the Insured or any

behalf of the Insured for inspecting or investigating a defect or deficiency known, alleged or suspected to exist in a

2. for loss arising from the failure of a product to perform or from poor performance of a product

s Bodily Injury or Property Damage as covered under this Section.

3. for loss of use of an aircraft not lost or damaged in an Occurrence.

4. for loss arising out of the withdrawal or restriction imposed on the use of any product.

SECTIONS 1 AND 2 OF THIS POLICY

1. for Property Damage to property which the Insured owns, leases, rents, uses or occupies or which

2. for Bodily Injury to any person arising out of and in the course of their employment by the Insured

which the Insured or their insurers may be held liable under any workers compensation, employers liability,

unemployment compensation or disability benefits law or any similar law.

t of repairing or rectifying any work incorrectly done or the cost of replacing any part

4. punitive, aggravated or exemplary damages.

5. claims which are payable under any other policy of insurance, except in respect of any excess

which would have been payable under such other policy had this Policy not been effected.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

The Insurers will indemnify the Insured for all sums, up to the Limit of Indemnity stated in the Schedule, which the

Injury or Property Damage

fluids or equipment sold, supplied or distributed

related to aircraft and then only after the Insured has relinquished

1. the cost of repairing or replacing a defective product or the cost or expense to the Insured or any other party on

alleged or suspected to exist in a

2. for loss arising from the failure of a product to perform or from poor performance of a product unless such failure

1. for Property Damage to property which the Insured owns, leases, rents, uses or occupies or which is in their care,

the course of their employment by the Insured or liability for

compensation, employers liability,

t of repairing or rectifying any work incorrectly done or the cost of replacing any part damaged as the result

n respect of any excess beyond the amount




WAR, HI-JACKING AND OTHER PERILS EXCLUSIONThis Policy does not cover claims caused by:

1. war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war,

insurrection, martial law, military or usurped power or attempts at usurpation

2. any hostile detonation of any weapon of war employing atomic or nuclear fi


3. strikes, riots, civil commotions or labour disturbances.

4. any act of one or more persons, whether or not agents of a sovereign Power, for political or

whether the loss or damage resulting therefrom is accidental or intentional.

5. any malicious act or act of sabotage.

6. confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use

order of any Government (whether civil military or de facto) or public or local

7. hi-jacking or any unlawful seizure or wrongful exercise of control of the Aircraft or crew in flight

attempt at such seizure or control) made by any person o

of the Insured.


reason of any of the above perils. The Aircraft shall be deemed t

Insured on the safe return of the Aircraft to the Insured at an airfield not excluded by the geographical limits of

this Policy, and entirely suitable for the operation of the Aircraft (such safe return shall

be parked with engines shut down and under no duress).

NOISE AND POLLUTION AND OTHER PERILS EXCLUSION

1. This Policy does not cover claims directly or indirectly occasioned by, happening through or in

consequence of:-

(a) noise (whether audible to the human ear or not), vibration, sonic boom and any phenomena

(b) pollution and contamination of any kind whatsoever other than pollution or contamination of a

supplied by the Insured,






JACKING AND OTHER PERILS EXCLUSION This Policy does not cover claims caused by:-

enemies, hostilities (whether war be declared or not), civil war,


2. any hostile detonation of any weapon of war employing atomic or nuclear fission and/or fusion or

3. strikes, riots, civil commotions or labour disturbances.

4. any act of one or more persons, whether or not agents of a sovereign Power, for political or

whether the loss or damage resulting therefrom is accidental or intentional.

6. confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use

y Government (whether civil military or de facto) or public or local authority.




reason of any of the above perils. The Aircraft shall be deemed to have been restored to the control of the

Insured on the safe return of the Aircraft to the Insured at an airfield not excluded by the geographical limits of

this Policy, and entirely suitable for the operation of the Aircraft (such safe return shall require that the Aircraft

be parked with engines shut down and under no duress).

NOISE AND POLLUTION AND OTHER PERILS EXCLUSION


(whether audible to the human ear or not), vibration, sonic boom and any phenomena

(b) pollution and contamination of any kind whatsoever other than pollution or contamination of a

rical and electromagnetic interference,



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution,

ssion and/or fusion or other like

4. any act of one or more persons, whether or not agents of a sovereign Power, for political or terrorist purposes and

6. confiscation, nationalisation, seizure, restraint, detention, appropriation, requisition for title or use by or under the


Aircraft acting without the consent


(whether audible to the human ear or not), vibration, sonic boom and any phenomena associated therewith,

(b) pollution and contamination of any kind whatsoever other than pollution or contamination of a product sold or






2. With respect to any provision in this Policy concerning any duty of the Insurers to investigate or

such provision shall not apply and the Insurers shall not be required to defend


(b) a claim or claims covered by this Policy when combined with any claims excluded by

3. In respect of any Combined Claims, the Insurers shall (subject to proof of loss and the limits of this

reimburse the Insured for that portion o

Policy:

(a) damages awarded against the Insured and

(b) defence fees and expenses incurred by the Insured.

4. This Exclusion does not override the Nuclear Risks Exclusion

NUCLEAR RISKS EXCLUSION

This Policy does not cover:-

1. loss of or destruction of or damage to any property whatsoever or any loss or expense whatsoever


2. any legal liability of whatsoever nature

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

or nuclear component thereof; (b) ionizing radiations or contamination by radioactivity from, or the toxic, explosive or other

hazardous properties of, any other radioactive source whatsoever.

CONTRACTS

This Policy does not apply to the terms of any contract or agreement which the Insured has entered

into unless the prior permission of the Insurers has been obtained. The exceptions are:

1. a contract or agreement which only covers a legal obligation which would apply even if the

had not been entered into.

2. a contract or agreement which the Insured has to enter into as required by any governmental or

rule or regulation.




unless caused by or resulting in a crash fire explosion or collision or a recorded in-flight

provision in this Policy concerning any duty of the Insurers to investigate or

such provision shall not apply and the Insurers shall not be required to defend

icy when combined with any claims excluded by Paragraph 1. (referred to below as "Combined Claims").

3. In respect of any Combined Claims, the Insurers shall (subject to proof of loss and the limits of this


(a) damages awarded against the Insured and

(b) defence fees and expenses incurred by the Insured.

4. This Exclusion does not override the Nuclear Risks Exclusion contained in this Policy.

1. loss of or destruction of or damage to any property whatsoever or any loss or expense whatsoever


liability of whatsoever nature directly or indirectly caused by or contributed to by or arising from:


s or contamination by radioactivity from, or the toxic, explosive or other

hazardous properties of, any other radioactive source whatsoever.


unless the prior permission of the Insurers has been obtained. The exceptions are:-

1. a contract or agreement which only covers a legal obligation which would apply even if the

which the Insured has to enter into as required by any governmental or


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

flight emergency causing

provision in this Policy concerning any duty of the Insurers to investigate or defend claims,

Paragraph 1. (referred to below as "Combined Claims").

3. In respect of any Combined Claims, the Insurers shall (subject to proof of loss and the limits of this Policy)

f the following items which may be allocated to the claims covered by the

1. loss of or destruction of or damage to any property whatsoever or any loss or expense whatsoever resulting or




1. a contract or agreement which only covers a legal obligation which would apply even if the contract or agreement

which the Insured has to enter into as required by any governmental or municipal statute,




3. all contracts which are current at the inception of this Policy and which have been accepted by the

policy or policies of which this Policy is a renewal.

4. any Tarbox Agreement entered into in the normal course and practice of the Insured's business.

afforded to the Insured in respect of the contracts detailed in 1. to 4. above will be

by this Policy.

CONDITIONS WHICH APPLY TO THIS POLICY

DEFENCE OF LEGAL ACTIONS AND PAYMENT OF COSTS AND EXPENSES

The Insurers will defend any legal action which is brought against the Insured alleging Bodily Injury or

Damage, in respect of the Insurance provided by this Policy, even if the action is proved to

the Insurers shall have the right to make such investigation, negotiation and

feel right and proper.

The Insurers will pay the costs and expenses set out in the following paragraphs in addition to any

amounts paid in settlement of claims against the Insured:

1. legal costs and expenses which are incurred by the Insurers in defending any action against the

costs of investigating, negotiating and settling the action.

2. costs awarded against the Insured in any action against them.

3. interest after judgment against the Insured.

4. premiums for providing any bonds which are required in con

will not be responsible for obtaining the bonds unless they so wish.

5. expenses reasonably incurred at the request of the Insurers in connection with any legal action,

Insurers will not pay for loss of earnings or salaries of the Insured or anyone

Should the amount paid or awarded in settlement against the Insured exceed the Limits of Indemnity stated in

the Schedule the liability of the Insurers for payments as detaile

proportion as the Limits of Indemnity bear to the amount paid or awarded in settlement.

The Insurers' obligations under the provisions set out above shall, however, cease if any aggregate

this Policy is exhausted. If this happens the Insured shall have the right to take over

Insurers.




3. all contracts which are current at the inception of this Policy and which have been accepted by the

this Policy is a renewal.

4. any Tarbox Agreement entered into in the normal course and practice of the Insured's business.

afforded to the Insured in respect of the contracts detailed in 1. to 4. above will be limited to the coverage

CONDITIONS WHICH APPLY TO THIS POLICY

DEFENCE OF LEGAL ACTIONS AND PAYMENT OF COSTS AND EXPENSES

The Insurers will defend any legal action which is brought against the Insured alleging Bodily Injury or

respect of the Insurance provided by this Policy, even if the action is proved to be false or fraudulent, but

the Insurers shall have the right to make such investigation, negotiation and settlement of any claim or suit as they

Insurers will pay the costs and expenses set out in the following paragraphs in addition to any

amounts paid in settlement of claims against the Insured:-

1. legal costs and expenses which are incurred by the Insurers in defending any action against the

costs of investigating, negotiating and settling the action.

2. costs awarded against the Insured in any action against them.

3. interest after judgment against the Insured.

4. premiums for providing any bonds which are required in connection with any legal action, although

will not be responsible for obtaining the bonds unless they so wish.

5. expenses reasonably incurred at the request of the Insurers in connection with any legal action,

pay for loss of earnings or salaries of the Insured or anyone employed by them.

Should the amount paid or awarded in settlement against the Insured exceed the Limits of Indemnity stated in

the Schedule the liability of the Insurers for payments as detailed in 1. to 3. above will be limited to the same

proportion as the Limits of Indemnity bear to the amount paid or awarded in settlement.

The Insurers' obligations under the provisions set out above shall, however, cease if any aggregate

this Policy is exhausted. If this happens the Insured shall have the right to take over control of proceedings from the


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

3. all contracts which are current at the inception of this Policy and which have been accepted by the insurers on a

4. any Tarbox Agreement entered into in the normal course and practice of the Insured's business. The protection

limited to the coverage provided

The Insurers will defend any legal action which is brought against the Insured alleging Bodily Injury or Property

be false or fraudulent, but

settlement of any claim or suit as they

Insurers will pay the costs and expenses set out in the following paragraphs in addition to any

1. legal costs and expenses which are incurred by the Insurers in defending any action against the Insured, including

nection with any legal action, although the Insurers

5. expenses reasonably incurred at the request of the Insurers in connection with any legal action, although the

employed by them.

The Insurers' obligations under the provisions set out above shall, however, cease if any aggregate limit applicable to

control of proceedings from the




Notwithstanding any of the above, the Insurers shall have the right to tender the applicable Limit of

settlement of a claim if they consider it to be appropriate to do so. In this event the

Policy will cease as regards the claim.

ADDITIONAL COSTS AND EXPENSES

The Insurers will, subject to their prior approval being obtained

Policy, and up to the amount stated in the Schedule, any costs and expenses

against the Insured as a direct result of an Occurrence for which

The Insurers' prior approval will not, however, be required for necessary emergency medical

following an Occurrence.

REASONABLE CARE

The Insured will take all reasonable care to ensure that their premises, storage faciliti

installations and vehicles are kept fully maintained, clean and in proper working order in

highest standards of the industry. The Insured shall provide all safeguards and

accidents.

COMPLIANCE WITH RELEVANT REQUIREMENTS

The Insured will comply at all times with all laws, regulations and civil instructions relevant to their

CROSS LIABILITY

The inclusion of additional Insureds in any part of this Policy shall not preclude the

the Schedule to protection under this Policy from claims made against them by the

employees.

However, this Condition shall not apply to claims made by the Insured against the additional

employees.

LIMITATION OF INDEMNITY

Even though this Policy may apply to more than one Insured, whether additional or otherwise, the

the Insurers under this Policy in respect of any or all Insureds will not exceed the

Schedule.

CLAIMS PROCEDURE

The Insured must fully comply with the following procedures before the Insurers shall be obliged to

of any amounts under this Policy.

The Insured must :-

1. notify the Insurers, by the quickest means possible, of any Occurrence or event which could result

this Policy, including details of:-




Notwithstanding any of the above, the Insurers shall have the right to tender the applicable Limit of

settlement of a claim if they consider it to be appropriate to do so. In this event the Insurers' obligations under this

ADDITIONAL COSTS AND EXPENSES

The Insurers will, subject to their prior approval being obtained, pay, in addition to any amounts

Policy, and up to the amount stated in the Schedule, any costs and expenses necessarily incurred by or charged

against the Insured as a direct result of an Occurrence for which coverage is provided by this Policy.

The Insurers' prior approval will not, however, be required for necessary emergency medical

The Insured will take all reasonable care to ensure that their premises, storage faciliti

installations and vehicles are kept fully maintained, clean and in proper working order in

highest standards of the industry. The Insured shall provide all safeguards and take all precautions to prevent

COMPLIANCE WITH RELEVANT REQUIREMENTS

The Insured will comply at all times with all laws, regulations and civil instructions relevant to their

The inclusion of additional Insureds in any part of this Policy shall not preclude the rights of the

the Schedule to protection under this Policy from claims made against them by the additional Insureds or their

However, this Condition shall not apply to claims made by the Insured against the additional

Even though this Policy may apply to more than one Insured, whether additional or otherwise, the

the Insurers under this Policy in respect of any or all Insureds will not exceed the Limits of Indemnity stated in the

The Insured must fully comply with the following procedures before the Insurers shall be obliged to

the quickest means possible, of any Occurrence or event which could result


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

Notwithstanding any of the above, the Insurers shall have the right to tender the applicable Limit of Indemnity in

Insurers' obligations under this

, pay, in addition to any amounts payable under this

necessarily incurred by or charged

this Policy.

The Insurers' prior approval will not, however, be required for necessary emergency medical expenses incurred

The Insured will take all reasonable care to ensure that their premises, storage facilities, ways, equipment,

installations and vehicles are kept fully maintained, clean and in proper working order in accordance with the

take all precautions to prevent

The Insured will comply at all times with all laws, regulations and civil instructions relevant to their business.

rights of the Insured stated in

additional Insureds or their

However, this Condition shall not apply to claims made by the Insured against the additional Insureds or their

Even though this Policy may apply to more than one Insured, whether additional or otherwise, the total liability of

of Indemnity stated in the

The Insured must fully comply with the following procedures before the Insurers shall be obliged to make payment

the quickest means possible, of any Occurrence or event which could result in a claim under




(a) the nature and place of the Occurrence or event.

(b) deaths, injuries and damage to property.

(c) names and addresses of any witnesses.

(d) the name and telephone number of a contact for further information.

Any information given by telephone, telex or facsimile must be confirmed by mail.

2. help the Insurers at investigations, hearings, trials, inquests and the like, as a

3. send to the Insurers any documents received when a claim is made or a suit is filed against them.

The Insured must not :-

1. act in any way to the detriment of the Insurers.

2. make statements without the permission of the Insurers

person.

3. make promises to pay amounts to any person other than the cost of providing emergency services

imperative at the time and place of an Occurrence.

Such payment shall not constitute an admission of liability of the Insured or the Insurers to pay

4. assume or admit any liability without the permission of the Insurers.

ASSIGNMENT

The Insured's interest under this Policy cannot be assigned without the prior

SUBROGATION

When the Insurers pay a claim under this Policy they will be entitled to take over the Insured's rights

against any other person or organisation and to institute legal proceedings in the Insured's

The Insured must not do anything that will interfere with the Insurers' ability to make such

assist in every way possible and to give evidence if necessary.

The Insurers shall have the right to request that the Insured's rights be

unreasonably withheld.

CHANGES

A notice to an agent or knowledge possessed by an agent or by any other person shall not effect a

of this Policy or prevent the Insurers from asserting their right

Policy by the addition of Endorsements issued by the Insurers.

LOCAL LAWS




(a) the nature and place of the Occurrence or event.

(d) the name and telephone number of a contact for further information.

Any information given by telephone, telex or facsimile must be confirmed by mail.

2. help the Insurers at investigations, hearings, trials, inquests and the like, as and when required.


1. act in any way to the detriment of the Insurers.

2. make statements without the permission of the Insurers other than to a government official or

3. make promises to pay amounts to any person other than the cost of providing emergency services

imperative at the time and place of an Occurrence.

ute an admission of liability of the Insured or the Insurers to pay

4. assume or admit any liability without the permission of the Insurers.

The Insured's interest under this Policy cannot be assigned without the prior permission of the

When the Insurers pay a claim under this Policy they will be entitled to take over the Insured's rights

against any other person or organisation and to institute legal proceedings in the Insured's name.

The Insured must not do anything that will interfere with the Insurers' ability to make such

assist in every way possible and to give evidence if necessary.

The Insurers shall have the right to request that the Insured's rights be assigned to them, such

A notice to an agent or knowledge possessed by an agent or by any other person shall not effect a

of this Policy or prevent the Insurers from asserting their rights under this Policy; changes can only be made to this

Policy by the addition of Endorsements issued by the Insurers.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

nd when required.


other than to a government official or other authorised

3. make promises to pay amounts to any person other than the cost of providing emergency services which are

ute an admission of liability of the Insured or the Insurers to pay under this Policy.

permission of the Insurers.

When the Insurers pay a claim under this Policy they will be entitled to take over the Insured's rights of recovery

name.

The Insured must not do anything that will interfere with the Insurers' ability to make such recovery and agrees to

assigned to them, such request not to be

A notice to an agent or knowledge possessed by an agent or by any other person shall not effect a change to any part

changes can only be made to this




This Policy is amended to comply with any local laws or any international statutes, rules or regulations

affect the coverage provided by this Policy.

However, the Insurers will not pay claims:

(a) for coverages which are outside the scope of this Policy.

(b) in excess of the Limits of Indemnity stated in the Schedule.

If the Insurers are obliged to pay any amounts

applied, the Insured will reimburse the Insurers with those amounts.

JURISDICTION

This Policy has been constructed and any dispute or difference arising between the Insured and the

Insurers concerning the formation or execution of this Policy shall be settled in accordance with Indian

Law.

ARBITRATION

Any dispute or difference between the Insured and the Insurers shall be submitted to arbitration in

India in accordance with the statutory provisions for arbitration for the time being in force.

CANCELLATION

Both the Insured and the Insurers have the right to cancel this Policy by either party giving the other

of the intention to do so.

If the Insured cancels the Policy the Insurers will retain short rate of the premium calculated in

customary short rate cancellation scale.

If the Insurers cancel they will retain a proportionate part of the premium, calculated on a daily basis.

DEFINITIONS

The following words shall have the meanings set out below wherever used in this Policy.

"Bodily Injury" means physical injury sustained by any person, or sickness, disease, disability, shock,

or mental anguish, including death at any time resulting theref

"Occurrence" means an accident or a continued or repeated exposure to conditions occurring during

Period which results in Bodily Injury or Property Damage, provided that such Bodily Injury

unexpectedly caused. All Bodily Injury and/or Property Damage arising out of

general conditions shall be deemed to arise out of one

"Property Damage" means damage to or destruction of property and the resultant loss of use of such




This Policy is amended to comply with any local laws or any international statutes, rules or regulations

coverage provided by this Policy.

However, the Insurers will not pay claims:-

(a) for coverages which are outside the scope of this Policy.

(b) in excess of the Limits of Indemnity stated in the Schedule.

If the Insurers are obliged to pay any amounts which they would not have had to pay if this Condition had not

applied, the Insured will reimburse the Insurers with those amounts.


oncerning the formation or execution of this Policy shall be settled in accordance with Indian


provisions for arbitration for the time being in force.

Both the Insured and the Insurers have the right to cancel this Policy by either party giving the other

nsurers will retain short rate of the premium calculated in


words shall have the meanings set out below wherever used in this Policy.

"Bodily Injury" means physical injury sustained by any person, or sickness, disease, disability, shock,

or mental anguish, including death at any time resulting therefrom.

"Occurrence" means an accident or a continued or repeated exposure to conditions occurring during

Period which results in Bodily Injury or Property Damage, provided that such Bodily Injury

ily Injury and/or Property Damage arising out of exposure to substantially the same

general conditions shall be deemed to arise out of one Occurrence.



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

This Policy is amended to comply with any local laws or any international statutes, rules or regulations which may

which they would not have had to pay if this Condition had not


oncerning the formation or execution of this Policy shall be settled in accordance with Indian


Both the Insured and the Insurers have the right to cancel this Policy by either party giving the other 30 days notice

nsurers will retain short rate of the premium calculated in accordance with the


"Bodily Injury" means physical injury sustained by any person, or sickness, disease, disability, shock, mental injury

"Occurrence" means an accident or a continued or repeated exposure to conditions occurring during the Policy

Period which results in Bodily Injury or Property Damage, provided that such Bodily Injury or Property Damage is

exposure to substantially the same





property.





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DEALERS AND AGENTS EXTENSION ENDORSEMENT

This Policy is extended to apply to dealers and agents of the Insured whilst acting within the scope of their

only to the extent of the coverage as provided under the terms of this

The name of the Insured as stated in the Schedule is amended to include such dealers and agents.

However, the first named Insured on this Policy shall be responsible for the payment of the premium and shall

to any return premium. Every notice required or permitted by this Policy may be given to or by

in the Schedule.

Nevertheless, any Occurrences resulting in a claim under this Policy which could be the subject of a claim

policy(ies) carried by the dealers or agents covered hereunder shall not prejudice the cover

Policy, provided that the Insurers shall pay only such sum(s) for which the

policy(ies) in which case this Policy shall be regarded as an

In this event the following provisions will apply:

Liability shall only attach to the Insurers in respect of Occurrences covered under Sections 1 and 2 of this

after the Insurers of the other policy(ies) have paid the full Limit of Indemnity of the

In the event of a claim or claims which appear likely to exceed the Limit of Indemnity of the other polic

as detailed in the "Defence of Legal Actions and Payment of Costs and Expenses" provision

without the express permission of the Insurers.

In the event that the other policy(ies) is/are on an agg

payment of claims this Policy will pay the excess of the reduced limit or continue to protect the

the case may be.

The Insured will take all reasonable means to ensure that the other policy(ies) are maintained in full force and

effect.





This Policy is extended to apply to dealers and agents of the Insured whilst acting within the scope of their

only to the extent of the coverage as provided under the terms of this Policy.

The name of the Insured as stated in the Schedule is amended to include such dealers and agents.

However, the first named Insured on this Policy shall be responsible for the payment of the premium and shall

. Every notice required or permitted by this Policy may be given to or by the first named Insured as stated

Nevertheless, any Occurrences resulting in a claim under this Policy which could be the subject of a claim

ies) carried by the dealers or agents covered hereunder shall not prejudice the cover afforded to the Insured under this

Policy, provided that the Insurers shall pay only such sum(s) for which the Insured has not been indemnified under any other

) in which case this Policy shall be regarded as an excess Policy over the other policy(ies).

In this event the following provisions will apply:-

Liability shall only attach to the Insurers in respect of Occurrences covered under Sections 1 and 2 of this

after the Insurers of the other policy(ies) have paid the full Limit of Indemnity of the policy(ies) in settlement of the claim.

In the event of a claim or claims which appear likely to exceed the Limit of Indemnity of the other polic

as detailed in the "Defence of Legal Actions and Payment of Costs and Expenses" provision of this Policy shall be incurred

without the express permission of the Insurers.

In the event that the other policy(ies) is/are on an aggregate limit basis and the policy(ies) are wholly or partially

payment of claims this Policy will pay the excess of the reduced limit or continue to protect the Insured as the primary policy as

reasonable means to ensure that the other policy(ies) are maintained in full force and


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This Policy is extended to apply to dealers and agents of the Insured whilst acting within the scope of their duties as such but

However, the first named Insured on this Policy shall be responsible for the payment of the premium and shall alone be entitled

the first named Insured as stated

Nevertheless, any Occurrences resulting in a claim under this Policy which could be the subject of a claim under any other

afforded to the Insured under this

Insured has not been indemnified under any other

Liability shall only attach to the Insurers in respect of Occurrences covered under Sections 1 and 2 of this Policy and then only

policy(ies) in settlement of the claim.

In the event of a claim or claims which appear likely to exceed the Limit of Indemnity of the other policy(ies) no costs or expenses

of this Policy shall be incurred

regate limit basis and the policy(ies) are wholly or partially exhausted by

Insured as the primary policy as

reasonable means to ensure that the other policy(ies) are maintained in full force and




REFINERS AND DISTRIBUTORS EXTENSION ENDORSEMENT

This Policy is extended to apply to the legal liability of the Insured arising out of the Insured's business

and distributors of aviation fuels, lubricants and hydraulic fluids or as manufacturers and suppliers of

related equipment for use in connection with aircraft.

In respect of Section 1 the following is included under WHAT THIS SECTION

liability arising out of the use, by the Insured, of fuel lines, pipelines, fuel farms or bunkers or arising out of the

transport of fuels by land, sea, pipelines or other methods of conveyance other than on airport or heliport

In respect of Section 2 - WHAT THIS SECTION COVERS

The Insurers will indemnify the Insured for all sums, up to the Limit of Indemnity stated in the Schedule, which

the Insured is held legally liable to pay, and

Damage arising out of products being aviation fuels, lubricants, hydraulic fluids or equipment manufactured,

treated, refined, sold, supplied or distributed by the Insured to others but only

and then only after the Insured has relinquished possession of the products.





This Policy is extended to apply to the legal liability of the Insured arising out of the Insured's business

and distributors of aviation fuels, lubricants and hydraulic fluids or as manufacturers and suppliers of

related equipment for use in connection with aircraft.

In respect of Section 1 the following is included under WHAT THIS SECTION DOES NOT COVER:


transport of fuels by land, sea, pipelines or other methods of conveyance other than on airport or heliport

WHAT THIS SECTION COVERS - shall be amended to read as follows:


the Insured is held legally liable to pay, and shall pay, as compensatory damages for Bodily Injury or Property


treated, refined, sold, supplied or distributed by the Insured to others but only such products related to aircraft

and then only after the Insured has relinquished possession of the products.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


This Policy is extended to apply to the legal liability of the Insured arising out of the Insured's business as refiners

and distributors of aviation fuels, lubricants and hydraulic fluids or as manufacturers and suppliers of directly

DOES NOT COVER:-


transport of fuels by land, sea, pipelines or other methods of conveyance other than on airport or heliport premises.

shall be amended to read as follows:-


shall pay, as compensatory damages for Bodily Injury or Property


such products related to aircraft




SECTION VI – AVIATION

AVIATION WAR, HI

LIABILITY (AVN52E)

WHEREAS the Insured has in force an Aviation Liability Insurance (hereinafter referred to as the “Primary Policy”)

containing the Extended Coverage Endorsement (Aviation Liabilities) as stated in Item 3. of the Policy Schedule.

AND WHEREAS paragraph 3 of said Extended Coverage Endorsement c

the Policy Schedule (the “Primary Limit”).

NOW this Insurance is to pay on behalf of the Insured, all sums, in excess of the Primary Limit stated in Item 4 (a) of

the Policy Schedule, which the Insured shall

damage caused by an occurrence during the Policy Period arising out of the Hazards Covered stated in Item 3 of the

Policy Schedule.

PROVIDED ALWAYS THAT :

1. Liability attaches to the Insurers only after the Primary Insurers have paid or have been held liable to pay the full

amount of their respective Ultimate Net Loss as set forth in Item 4 (a) of the Policy Schedule. The limit of the

Insurers' liability shall be such amount of Ultimat

Primary Policy and this Policy combined as set forth in Item 4 (b) of the Policy Schedule.

2. Notwithstanding the inclusion hereon of more than one Insured, whether by endorsement or other

liability of the Insurers in respect of any or all Insureds shall not exceed the Insurers' limit of liability as stated in

paragraph 1 above.

Exclusions

1. The Insurers shall not be liable to make any payment under this Policy as a result

to pay of the Primary Insurers for any reason whatsoever, including without limitation, any financial

insolvency or liquidation.

2. This Policy does not apply to claims excluded by

(a) the NUCLEAR RISKS EXCLUSION CLAUSE AVN38B;

(b) the NOISE AND POLLUTION AND OTHER PERILS EXCLUSION CLAUSE AVN46B;

(c) the DATE RECOGNITION EXCLUSION CLAUSE AVN2000A with write back as per Date Recognition

Coverage Clause AVN 2001A




AVIATION INSURANCE - AIRCRACT OPERATORS

AVIATION WAR, HI-JACKING AND OTHER PERILS EXCESS

LIABILITY (AVN52E)

Aviation Liability Insurance (hereinafter referred to as the “Primary Policy”)


AND WHEREAS paragraph 3 of said Extended Coverage Endorsement contains a sub-limit as stated in Item 4 (a) of

the Policy Schedule (the “Primary Limit”).


Policy Schedule, which the Insured shall become legally liable to pay as damages for bodily injury or property

caused by an occurrence during the Policy Period arising out of the Hazards Covered stated in Item 3 of the

Insurers only after the Primary Insurers have paid or have been held liable to pay the full


Insurers' liability shall be such amount of Ultimate Net Loss as will provide the Insured with total limits under the

Primary Policy and this Policy combined as set forth in Item 4 (b) of the Policy Schedule.

2. Notwithstanding the inclusion hereon of more than one Insured, whether by endorsement or other


1. The Insurers shall not be liable to make any payment under this Policy as a result of the inability, refusal or

to pay of the Primary Insurers for any reason whatsoever, including without limitation, any financial

2. This Policy does not apply to claims excluded by

EXCLUSION CLAUSE AVN38B;

(b) the NOISE AND POLLUTION AND OTHER PERILS EXCLUSION CLAUSE AVN46B;

(c) the DATE RECOGNITION EXCLUSION CLAUSE AVN2000A with write back as per Date Recognition


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

AIRCRACT OPERATORS

AND OTHER PERILS EXCESS

Aviation Liability Insurance (hereinafter referred to as the “Primary Policy”)


limit as stated in Item 4 (a) of


become legally liable to pay as damages for bodily injury or property

caused by an occurrence during the Policy Period arising out of the Hazards Covered stated in Item 3 of the

Insurers only after the Primary Insurers have paid or have been held liable to pay the full


e Net Loss as will provide the Insured with total limits under the

2. Notwithstanding the inclusion hereon of more than one Insured, whether by endorsement or otherwise, the total


of the inability, refusal or failure

to pay of the Primary Insurers for any reason whatsoever, including without limitation, any financial impairment,

(c) the DATE RECOGNITION EXCLUSION CLAUSE AVN2000A with write back as per Date Recognition Limited




(d) the CONTRACTS (RIGHTS OF THIR

(e) the ASBESTOS EXCLUSION CLAUSE 2488AGM00003

Definitions

1. The term "Ultimate Net Loss" means the amount payable in settlement of the liability of the Insured after making

deductions for all recoveries and other valid and collectible insurances, excepting however the Primary Policy,

and shall exclude all Costs.

2. The term "Costs" means interest accruing after entry of judgement, investigation, adjustment and legal

(excluding, however, all office expenses of the Insured, all expenses for salaried employees of the

general retainer fees for counsel normally paid by the Insured).

Conditions

1. Cancellation

This Policy is subject to, and shall be deemed to

Cancellation provisions as are set out in the Extended Coverage Endorsement (Aviation Liabilities) AVN 52E as

stated in Item 3 of the Policy Schedule, except that the cancellation notice period in

Endorsement (Aviation Liabilities) is amended, for the purpose of this Policy, to 30 (days).

2. Incurring of Costs

In the event of claim or claims arising which appear likely to exceed the Primary Limit, no Costs shall be

the Insured without the consent of the Insurers.

3. Apportionment of Costs

Costs incurred by or on behalf of the Insured with the consent of the Insurers, and for which the Insured is not

covered by the Primary Insurers, shall be apportioned as

(a) Should any claim or claims become adjustable prior to the commencement of trial for not more than the

Limit, then no Costs shall be payable by the Insurers.

(b) Should, however, the amount for which the said claim or claims may be

then the Insurers, if they consent to the proceedings continuing, shall contribute to the

of the Insured in the ratio that their proportion of the Ultimate Net Loss

amount of such Ultimate Net Loss.

(c) In the event that the Insured elects not to appeal a judgement in excess of the Primary Limit the

elect to conduct such appeal at their own cost and expense and shall be liable for the

incidental thereto, but in no event shall the total liability of the Insurers

herein, plus the expenses of such appeal.




(d) the CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999 EXCLUSION CLAUSE AVN72;

(e) the ASBESTOS EXCLUSION CLAUSE 2488AGM00003 attached to this Policy.

The term "Ultimate Net Loss" means the amount payable in settlement of the liability of the Insured after making


The term "Costs" means interest accruing after entry of judgement, investigation, adjustment and legal

(excluding, however, all office expenses of the Insured, all expenses for salaried employees of the

general retainer fees for counsel normally paid by the Insured).

This Policy is subject to, and shall be deemed to incorporate the same Automatic Termination and Review and


stated in Item 3 of the Policy Schedule, except that the cancellation notice period in

Endorsement (Aviation Liabilities) is amended, for the purpose of this Policy, to 30 (days).

In the event of claim or claims arising which appear likely to exceed the Primary Limit, no Costs shall be

the Insured without the consent of the Insurers.


covered by the Primary Insurers, shall be apportioned as follows:-

(a) Should any claim or claims become adjustable prior to the commencement of trial for not more than the

Limit, then no Costs shall be payable by the Insurers.

(b) Should, however, the amount for which the said claim or claims may be so adjustable exceed the

then the Insurers, if they consent to the proceedings continuing, shall contribute to the Costs incurred by or on behalf

of the Insured in the ratio that their proportion of the Ultimate Net Loss as finally adjusted

(c) In the event that the Insured elects not to appeal a judgement in excess of the Primary Limit the

elect to conduct such appeal at their own cost and expense and shall be liable for the taxable court costs and interest

incidental thereto, but in no event shall the total liability of the Insurers exceed their limits of liability as provided for

herein, plus the expenses of such appeal.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

D PARTIES) ACT 1999 EXCLUSION CLAUSE AVN72;

The term "Ultimate Net Loss" means the amount payable in settlement of the liability of the Insured after making


The term "Costs" means interest accruing after entry of judgement, investigation, adjustment and legal expenses

(excluding, however, all office expenses of the Insured, all expenses for salaried employees of the Insured and

incorporate the same Automatic Termination and Review and


stated in Item 3 of the Policy Schedule, except that the cancellation notice period in paragraph 5 (c) of that

In the event of claim or claims arising which appear likely to exceed the Primary Limit, no Costs shall be incurred by


(a) Should any claim or claims become adjustable prior to the commencement of trial for not more than the Primary

so adjustable exceed the Primary Limit,

Costs incurred by or on behalf

as finally adjusted bears to the whole

(c) In the event that the Insured elects not to appeal a judgement in excess of the Primary Limit the Insurers may

taxable court costs and interest

exceed their limits of liability as provided for




4. Application of Recoveries

All recoveries or payments recovered or received subsequent to a loss settlement under this Policy shall be

as if recovered or received prior to such settlement and all necessary adjustments shall then be made

Insured and the Insurers, provided always that not

this Policy are not payable until the Insured's Ultimate Net Loss has been finally ascertained.

5. Attachment of Liability

Liability to pay under this Policy shall not attach unless and unti

for the Primary Limit or unless and until the Insured has by final judgement been adjudged to pay an

exceeds such Primary Limit and then only after the Primary Insurers have paid or been

amount of the Primary Limit.

6. Maintenance of Primary Policy

It is a condition of this Policy that the Primary Policy shall be maintained in full effect during the currency of this

Policy except for any reduction or exhaustion

in respect of occurrences during the Policy Period. However, failure to maintain the Primary Policy in full

except as provided above, shall not invalidate cover under this Polic

only be liable to the same extent as they would have been had the Primary Policy been

To the extent of the coverage provided by this Policy, this Policy is subject to the same wa

definitions and exclusions (except as regards the premium, the obligation to investigate and defend,

agreement, if any, the amount and limits of liability other than the deductible or self

applicable, AND EXCEPT AS OTHERWISE PROVIDED HEREIN) as are contained in or may

Primary Policy prior to the happening of an occurrence for which claim is made hereunder.

To the extent that the Primary Policy incorporates the provisions of

Insured this Policy shall likewise apply.

In the event the occurrence limit under the Primary Policy is fully exhausted through payment of claims and

as a result of settling the Insured’s liability to the

cargo and mail while it is on board the aircraft arising out of the Insured’s operation of aircraft,

none of the Primary Limit as stated herein available for

Policy will respond to the Insured’s legal liability to third parties up to the limit of liability as

and subject to any aggregate limit stated herein not being exceeded.

7. Notification of Claims

In the event of an occurrence likely to give rise to a claim hereunder notice shall be given by the Insured to the

Insurers via the address set forth in Item 8 of the Policy Schedule as soon as reasonably possible.

All Insurers to follow Slip Leader in the application of any notices under AVN 52E

8. False or Fraudulent Claims




ts recovered or received subsequent to a loss settlement under this Policy shall be

as if recovered or received prior to such settlement and all necessary adjustments shall then be made

Insured and the Insurers, provided always that nothing in this Policy shall be construed to mean


Liability to pay under this Policy shall not attach unless and until the Primary Insurers shall have admitted

for the Primary Limit or unless and until the Insured has by final judgement been adjudged to pay an

exceeds such Primary Limit and then only after the Primary Insurers have paid or been held


Policy except for any reduction or exhaustion of the aggregate limits contained therein solely by payment of

in respect of occurrences during the Policy Period. However, failure to maintain the Primary Policy in full

except as provided above, shall not invalidate cover under this Policy but in the event of such failure

only be liable to the same extent as they would have been had the Primary Policy been maintained in full effect.

To the extent of the coverage provided by this Policy, this Policy is subject to the same warranties, terms,

definitions and exclusions (except as regards the premium, the obligation to investigate and defend,

agreement, if any, the amount and limits of liability other than the deductible or self-insurance

applicable, AND EXCEPT AS OTHERWISE PROVIDED HEREIN) as are contained in or may

Primary Policy prior to the happening of an occurrence for which claim is made hereunder.

To the extent that the Primary Policy incorporates the provisions of contracts and agreements entered into by

In the event the occurrence limit under the Primary Policy is fully exhausted through payment of claims and

as a result of settling the Insured’s liability to their passengers (and for their baggage and personal

cargo and mail while it is on board the aircraft arising out of the Insured’s operation of aircraft,

none of the Primary Limit as stated herein available for settlement of the Insured’s third

Policy will respond to the Insured’s legal liability to third parties up to the limit of liability as

and subject to any aggregate limit stated herein not being exceeded.



follow Slip Leader in the application of any notices under AVN 52E


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ts recovered or received subsequent to a loss settlement under this Policy shall be applied

as if recovered or received prior to such settlement and all necessary adjustments shall then be made between the

hing in this Policy shall be construed to mean that losses under


l the Primary Insurers shall have admitted liability

for the Primary Limit or unless and until the Insured has by final judgement been adjudged to pay an amount which

held liable to pay the full


of the aggregate limits contained therein solely by payment of claims

in respect of occurrences during the Policy Period. However, failure to maintain the Primary Policy in full effect,

y but in the event of such failure Insurers shall

maintained in full effect.

rranties, terms, conditions,

definitions and exclusions (except as regards the premium, the obligation to investigate and defend, the renewal

insurance provision where

applicable, AND EXCEPT AS OTHERWISE PROVIDED HEREIN) as are contained in or may be added to the

contracts and agreements entered into by the

In the event the occurrence limit under the Primary Policy is fully exhausted through payment of claims and where

ir passengers (and for their baggage and personal effects) and/or for

cargo and mail while it is on board the aircraft arising out of the Insured’s operation of aircraft, there is less than or

settlement of the Insured’s third party claims, then this

Policy will respond to the Insured’s legal liability to third parties up to the limit of liability as provided by this Policy






If the Insured shall make any claim, knowing the same to be false or fraudulent as regards amount or otherwise,

Policy shall become void and all claims hereunder shall be forfeited.

9. Law and Jurisdiction

In the event of any dispute arising hereunder this Policy is subject to the law and jurisdiction as stated in the

Policy or, in the event that law and jurisdiction is not stated in the Primary

domicile of the Insured.

10. Variation in Risk

Should there be any change in the operation of the Insured which might reasonably be

increasing their risk in degree or frequency, immediate

Notification of all additions of aircraft as required to be given under the Primary Policy shall

Insurers hereon, however notification of the addition of cargo aircraft

Insurers as soon as practicable but in no event

Attachment No.1


(1) This Policy does not cover:

(i) loss of or destruction of or damage to any pr




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

component thereof;


properties of, any other radioactive material in the course of carriage as cargo, including

incidental thereto;

(c) ionising radiations or contamination by radioactivity from, or the toxic, explosive or other hazardous


(2) It is understood and agreed that such radioactive material or other radioactive source in paragraph (1)(b) and

(c) above shall not include:


(ii) radioisotopes which have reached the final sta

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





If the Insured shall make any claim, knowing the same to be false or fraudulent as regards amount or otherwise,

hereunder shall be forfeited.

In the event of any dispute arising hereunder this Policy is subject to the law and jurisdiction as stated in the

Policy or, in the event that law and jurisdiction is not stated in the Primary Policy, the law and

Should there be any change in the operation of the Insured which might reasonably be regarded by the Insurers as

increasing their risk in degree or frequency, immediate notice thereof shall be given to the Insurers.

Notification of all additions of aircraft as required to be given under the Primary Policy shall

Insurers hereon, however notification of the addition of cargo aircraft under the Primary Policy shall be given to the

Insurers as soon as practicable but in no event later than fourteen (14) days after attachment.


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




explosive or other hazardous properties of any explosive nuclear assembly or


ive material in the course of carriage as cargo, including

(c) ionising radiations or contamination by radioactivity from, or the toxic, explosive or other hazardous

ever.



(ii) radioisotopes which have reached the final stage of fabrication so as to be usable for any scientific,

agricultural, commercial, educational or industrial purpose.


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



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If the Insured shall make any claim, knowing the same to be false or fraudulent as regards amount or otherwise, this

In the event of any dispute arising hereunder this Policy is subject to the law and jurisdiction as stated in the Primary

Policy, the law and jurisdiction of the

regarded by the Insurers as

thereof shall be given to the Insurers.

Notification of all additions of aircraft as required to be given under the Primary Policy shall also be given to the

y Policy shall be given to the

operty whatsoever or any loss or expense whatsoever resulting or

explosive or other hazardous properties of any explosive nuclear assembly or nuclear

(b) the radioactive properties of, or a combination of radioactive properties with toxic, explosive or other hazardous

ive material in the course of carriage as cargo, including storage or handling

(c) ionising radiations or contamination by radioactivity from, or the toxic, explosive or other hazardous properties


ge of fabrication so as to be usable for any scientific, medical,






(ii) any person or organization is required to maintain financial protection pursuant to legislation in any

(iii) the Insured under this Policy is, or had this Policy not been issued would be, entitled to indemnification

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)

covered, provided that:


handling incidental thereto, such carriage shall in all respects have complied with the full


carriage shall have been subject to any more restrictive legislation, when it

such legislation;

(ii) this Policy shall only apply to an incide

Insured against the Insurers or by any claimant against the Insured arising out of such

within three years after the date thereof;


contributed to by radioactive contamination, the level of such contamination shall have

permissible level set out in the following scale

Emitter (IAEA Health and Safety Regulations)

Beta, gamma and low toxicity alpha emitters

All other emitters


AVN38B

22.7.96




required to maintain financial protection pursuant to legislation in any

(iii) the Insured under this Policy is, or had this Policy not been issued would be, entitled to indemnification

tion, 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)

se of any claim in respect of radioactive material in the course of carriage as cargo, including

handling incidental thereto, such carriage shall in all respects have complied with the full

structions 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

(ii) this Policy shall only apply to an incident happening during the period of this Policy and where any

Insured against the Insurers or by any claimant against the Insured arising out of such incident shall have been made

ny claim for the loss of or destruction of or damage to or loss of use of an aircraft

contributed to by radioactive contamination, the level of such contamination shall have

permissible level set out in the following scale:


Maximum permissible level of non-fixed radioactive surface

contamination (Averaged over 300 cm2)

Beta, gamma and low toxicity alpha emitters Not exceeding 4 Bequerels/cm2 (10-4 microcuries/cm2)

Not exceeding 0.4 Bequerels/cm2 (10-5 microcuries/cm2)



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required to maintain financial protection pursuant to legislation in any country; or


tion, 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

se 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

Goods by Air", unless the

shall in all respects have complied with

nt happening during the period of this Policy and where any claim by the

incident shall have been made

ny claim for the loss of or destruction of or damage to or loss of use of an aircraft caused by or

exceeded the maximum

radioactive surface

microcuries/cm2)

microcuries/cm2)

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




NOISE AND POLLUTION AND








2. With respect to any provision in the Policy concerning any duty of Insurers to investigate or defend claims, such

provision shall not apply and Insurers shall not be required to defend



below as "Combined Claims").

3. In respect of any Combined Claims, Insurers shall (subject to proof of loss and the limits o

reimburse the Insured for that portion of the following items which may be allocated to the claims covered by the

Policy:




of this Policy.

AVN46B

1.10.96




Attachment No.2







unless caused by or resulting in a crash fire explosion or collision or a recorded in-flight emergency causing


provision shall not apply and Insurers shall not be required to defend


3. In respect of any Combined Claims, Insurers shall (subject to proof of loss and the limits of the Policy)




shall override any radioactive contamination or other exclusion clause attached to or forming


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OTHER PERILS EXCLUSION CLAUSE

1. This Policy does not cover claims directly or indirectly occasioned by, happening through or in consequence of:-

(a) noise (whether audible to the human ear or not), vibration, sonic boom and any phenomena associated therewith,

emergency causing


(b) a claim or claims covered by the Policy when combined with any claims excluded by Paragraph 1 (referred to

f the Policy)


shall override any radioactive contamination or other exclusion clause attached to or forming part





This Policy does not cover any claim, damage, injury, loss, cost,

negligence, product liability, misrepresentation, fraud or otherwise) of any nature

occasioned by or in consequence of (whether directly or indirectly and

(a) the failure or inability of any computer hardware, software, integrated circuit, chip or

equipment or system (whether in the possession of the Insured or of

process, exchange or transfer year, date or time

time; whether on or before or after such change of year, date or time;

(b) any implemented or attempted change or modification of any computer hardware, sof

chip or information technology equipment or system (whether in the

in anticipation of or in response to any such

in connection with any such change or modification;

(c) any non-use or unavailability for use of any property or equipment of any kind whatsoever

act, failure to act or decision of the Insured or of any third party related to

and any provision in this Policy concerning any duty of Insurers to investigate or defend claims shall

any claims so excluded.

AVN2000A

14.3.01




Attachment No.3


This Policy does not cover any claim, damage, injury, loss, cost, expense or liability (whether in

negligence, product liability, misrepresentation, fraud or otherwise) of any nature whatsoever arising from or


(a) the failure or inability of any computer hardware, software, integrated circuit, chip or


or transfer year, date or time data or information in connection with any change of year, date or


(b) any implemented or attempted change or modification of any computer hardware, software,


in anticipation of or in response to any such change of year, date or time, or any advice given or services perfo

any such change or modification;

use or unavailability for use of any property or equipment of any kind whatsoever

act, failure to act or decision of the Insured or of any third party related to any such change of year, date or time;

and any provision in this Policy concerning any duty of Insurers to investigate or defend claims shall


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expense or liability (whether in contract, tort,

whatsoever arising from or

partly):


any third party) accurately or completely to

data or information in connection with any change of year, date or

tware, integrated circuit,

possession of the Insured or of any third party)

change of year, date or time, or any advice given or services performed


uch change of year, date or time;

and any provision in this Policy concerning any duty of Insurers to investigate or defend claims shall not apply to






AVN 2000A), it is hereby understood and agreed that, subject to all terms and

Clause AVN 2000A shall not apply :



(including costs awarded against the Insured) i

(d) accidental bodily injury, fatal or otherwise, to passengers caused by an accident to an Insured Aircraft;

(e) loss of or damage to baggage and personal articles of passengers, mail and cargo caused by an

Insured Aircraft; and/or

(f) accidental bodily injury, fatal or otherwise, and accidental damage to property caused by an Insured

any person or object falling therefrom.

PROVIDED THAT :

1. Coverage provided pursuant to this Endorsement shall be sub

exclusions and cancellation provisions of the Policy (except as

Endorsement extends coverage beyond that

which is provided by the Policy.


(c) in respect of grounding of any aircraft, and/or

(d) in respect of loss of use of any property unless it arises out of physical damage to or destruction of

the accident giving rise to a claim under the Policy.

3. The Insured recognises that the Insurers consider the information provided by the Insured in

and/or other documentation provided, to be material to their decision to

agrees that it has a continuing obligation to

additional material facts relating to the Date Recognition Conformity of the Insured’s operations, equipment and

products.

14.03.2001

AVN 2001A





of which this Endorsement forms part includes the Date Recognition Exclusion Clause (Clause

AVN 2000A), it is hereby understood and agreed that, subject to all terms and provisions of this Endorsement,

accidental loss or damage to an aircraft defined in the Policy Schedule (“Insured Aircraft”);



(d) accidental bodily injury, fatal or otherwise, to passengers caused by an accident to an Insured Aircraft;

(e) loss of or damage to baggage and personal articles of passengers, mail and cargo caused by an

(f) accidental bodily injury, fatal or otherwise, and accidental damage to property caused by an Insured

1. Coverage provided pursuant to this Endorsement shall be subject to all terms, conditions,

exclusions and cancellation provisions of the Policy (except as specifically provided herein), and nothing in this

Endorsement extends coverage beyond that

ng in this Endorsement shall provide any coverage :

(c) in respect of grounding of any aircraft, and/or

(d) in respect of loss of use of any property unless it arises out of physical damage to or destruction of

im under the Policy.

3. The Insured recognises that the Insurers consider the information provided by the Insured in

and/or other documentation provided, to be material to their decision to issue this Endorsement. The Insured further

agrees that it has a continuing obligation to disclose in writing to the Insurers during the Policy period any



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

of which this Endorsement forms part includes the Date Recognition Exclusion Clause (Clause

provisions of this Endorsement,

accidental loss or damage to an aircraft defined in the Policy Schedule (“Insured Aircraft”);


(d) accidental bodily injury, fatal or otherwise, to passengers caused by an accident to an Insured Aircraft; and/or

(e) loss of or damage to baggage and personal articles of passengers, mail and cargo caused by an accidental to an

(f) accidental bodily injury, fatal or otherwise, and accidental damage to property caused by an Insured aircraft or by

ject to all terms, conditions, limitations, warranties,

specifically provided herein), and nothing in this

(d) in respect of loss of use of any property unless it arises out of physical damage to or destruction of property in

3. The Insured recognises that the Insurers consider the information provided by the Insured in the application form,

issue this Endorsement. The Insured further

disclose in writing to the Insurers during the Policy period any





CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999 EXCLUSION CLAUSE


reinsurance and/or not to have this insurance or reinsurance

virtue of the provisions of the Contracts (Rights of Third Parties) Act

reinsurance.

AVN 72

9.2.00




Attachment No.4




virtue of the provisions of the Contracts (Rights of Third Parties) Act 1999 are excluded from this insurance or


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The rights of a person who is not a party to this insurance or reinsurance to enforce a term of this insurance or

altered without his consent by

1999 are excluded from this insurance or





This Policy does not cover any claims of any kind whatsoever directly or indirectly relating to, arising

consequence of:






However, this exclusion shall not apply to any claim caused by or resulting in a crash fire explosion

recorded in-flight emergency causing abnormal aircraft operation.

Notwithstanding any other provisions of this Policy, Insurers will have no duty to investigate, defend

costs in respect of any claim excluded in whole or in part under paragraphs 1 or 2

ALL OTHER TERMS AND CONDITIONS OF THE POLICY REMAIN UNCHANGED.

2488AGM00003




Attachment No.5


not cover any claims of any kind whatsoever directly or indirectly relating to, arising


contain, asbestos; or




However, this exclusion shall not apply to any claim caused by or resulting in a crash fire explosion

mergency causing abnormal aircraft operation.

Notwithstanding any other provisions of this Policy, Insurers will have no duty to investigate, defend

costs in respect of any claim excluded in whole or in part under paragraphs 1 or 2 hereof.

ALL OTHER TERMS AND CONDITIONS OF THE POLICY REMAIN UNCHANGED.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

not cover any claims of any kind whatsoever directly or indirectly relating to, arising out of or in






Notwithstanding any other provisions of this Policy, Insurers will have no duty to investigate, defend or pay defence






ISSUED TO :- ……………………………………… and as more fully set forth in the Schedule.


The Insured undertakes that premium will be paid in full to Underwriters within 60 days of inception

(or, in respect of instalment premiums, when due).

If the premium due under this policy has not been so paid to Underwriters

policy (and, in respect of instalment premiums, by the date they are due)

this policy by notifying the Insured via the broker in


payable to Underwriters in the event of a loss or occurrence prior to the date of termination which gives rise to a


It is agreed that Underwriters shall give not less than 30 days prior notice of cancellation to the

broker. If premium due is paid in full to Underwriters before the notice period

automatically be revoked. If not, the policy shall automatically

Unless otherwise agreed, the Leading Underwriter (and Agreement Parties if appropriate) are

rights under this clause on their own behalf and on behalf of all Underwriters

If any provision of this clause is found by any court or administrative body of competent jurisdiction

unenforceable, such invalidity or unenforceability wil






……………………………………… and as more fully set forth in the Schedule.

PREMIUM PAYMENT CLAUSE LSW 3000 AMENDED


(or, in respect of instalment premiums, when due).

If the premium due under this policy has not been so paid to Underwriters by the 61st day from the

policy (and, in respect of instalment premiums, by the date they are due) Underwriters shall have the right to cancel

this policy by notifying the Insured via the broker in writing. In the event of cancellation, p

Underwriters on a pro rata basis for the period that Underwriters are on risk but the full policy premium shall be

the event of a loss or occurrence prior to the date of termination which gives rise to a


broker. If premium due is paid in full to Underwriters before the notice period expires, notice of cancellation shal

automatically be revoked. If not, the policy shall automatically terminate at the end of the notice period.


eir own behalf and on behalf of all Underwriters participating in this contract.




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……………………………………… and as more fully set forth in the Schedule.


by the 61st day from the inception of this

Underwriters shall have the right to cancel

writing. In the event of cancellation, premium is due to

period that Underwriters are on risk but the full policy premium shall be



expires, notice of cancellation shall

terminate at the end of the notice period.


participating in this contract.


of this clause which will






ISSUED TO :- ………………………………….. and as more fully set forth in the Schedule.

LAW AND JURISDICTION


party agrees to submit to the jurisdiction of the courts of India.





………………………………….. and as more fully set forth in the Schedule.


party agrees to submit to the jurisdiction of the courts of India.


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………………………………….. and as more fully set forth in the Schedule.





SECTION VII – AVIATION INSURANCE

Words in bold print in this Insurance have special meaning, as defined in the DEFINITIONS of this

Insurance

IMPORTANT NOTICE

PLEASE NOTE THAT SEPARATE INSURANCE IS PROVIDED UNDER THIS POLICY FOR BODILY INJURY

CAUSED BY AN ACCIDENT AND FOR ILLNESS. THIS INSURANCE ONLY RELATES

THE POLICY WHICH ARE SHOWN IN THE SCHEDULE AS BEING INCLUDED AND FOR WHICH PREMIUM

HAS BEEN PAID.

THE INSURED PERSON MUST DISCLOSE TO THE INSURERS ALL FACTS, MATTERS AND CIRCUMSTANCES

MATERIAL TO THIS INSURANCE, INCLUDING, BUT NOT LIMI

ENGAGES IN ANY OCCUPATION, SPORT OR PASTIME OR OTHER ACTIVITY OF A HAZARDOUS NATURE.

We The Insurers hereby agree with the Insured Person, to the extent and in the manner herein

that if the Insured Person:

(a) sustains Bodily Injury caused by an

(b) suffers Illness;

we will pay to the Insured Person, or to the Insured Person's Executors or Administrators or

the Schedule of Benefits after the total claim shall be substantia

Provided Always That:

1. benefit shall not be payable under more than one of the items of the Schedule of Benefits in

the consequences of one Accident.

2. the total sum payable under this Insurance in respect of any o

the largest benefit under any one of the items contained in the Schedule of Benefits.

3. if Item 1 of the Schedule of Benefits is covered and an

within twelve months following the date of the

for disablement provided for under Items 2 to 7 of the Schedule of

benefit provided for in the case of death.

DEFINITIONS

In this Insurance:




AVIATION INSURANCE - PERSONAL ACCIDENT (CREW MEMBERS)

n this Insurance have special meaning, as defined in the DEFINITIONS of this


CAUSED BY AN ACCIDENT AND FOR ILLNESS. THIS INSURANCE ONLY RELATES

POLICY WHICH ARE SHOWN IN THE SCHEDULE AS BEING INCLUDED AND FOR WHICH PREMIUM


MATERIAL TO THIS INSURANCE, INCLUDING, BUT NOT LIMITED TO WHETHER THE INSURED PERSON


We The Insurers hereby agree with the Insured Person, to the extent and in the manner herein

caused by an Accident or

we will pay to the Insured Person, or to the Insured Person's Executors or Administrators or

the Schedule of Benefits after the total claim shall be substantiated under this Insurance

1. benefit shall not be payable under more than one of the items of the Schedule of Benefits in

2. the total sum payable under this Insurance in respect of any one or more claims shall not exceed

the largest benefit under any one of the items contained in the Schedule of Benefits.

3. if Item 1 of the Schedule of Benefits is covered and an Accident causes the death of the Insured

within twelve months following the date of the Accident and prior to the definite settlement of the benefit

for disablement provided for under Items 2 to 7 of the Schedule of Benefits, there shall be paid only the

death.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

PERSONAL ACCIDENT (CREW MEMBERS)

n this Insurance have special meaning, as defined in the DEFINITIONS of this


TO THE BENEFITS OF

POLICY WHICH ARE SHOWN IN THE SCHEDULE AS BEING INCLUDED AND FOR WHICH PREMIUM


TED TO WHETHER THE INSURED PERSON


We The Insurers hereby agree with the Insured Person, to the extent and in the manner herein provided,

we will pay to the Insured Person, or to the Insured Person's Executors or Administrators or Nominees, according to

1. benefit shall not be payable under more than one of the items of the Schedule of Benefits in respect of

ne or more claims shall not exceed in all

causes the death of the Insured Person

settlement of the benefit

Benefits, there shall be paid only the




1. 'BODILY INJURY' means identifiable physical injury which

(a) is caused by an Accident, and

(b) solely and independently of any other cause, except illness directly resulting from, or medical

surgical treatment rendered necessary by such injury, occasions the death or disablement

Person within twelve months from the date of the

2. 'ACCIDENT' means a sudden, unexpected, unusual, specific event which occurs at an

and place during the Period of Insurance.

Accident shall also include disappearance. If the Insured Person is not found within twelve months of disappearing,

and sufficient evidence is produced satisfactory to the Underwriters that leads them inevitably to the

the Insured Person has sustained Bodily Injury

Underwriters shall forthwith pay any death benefit, where applicable, under this Insurance, provided that the

person or persons to whom such sum is paid shall sign an undertaking to refund such sum to the Underwriters if the

Insured Person is subsequently found to be living.

3. 'ILLNESS' means sickness or disease of the Insured Person which first manifests itself during

Insurance and occasions the total disablement of the Insured Person within twelve

4. 'PERMANENT TOTAL DISABLEMENT

from attending to any business or occupatio

experience and which lasts twelve months and at the end of that period is

5. 'LOSS OF A LIMB' means permanent loss by physical separation of a hand at or above

or above the ankle and includes permanent total and irrecoverable loss of

EXCLUSIONS

This Insurance does not cover claims in any way caused or contributed to by:

1. war, whether war be declared or not, ho

2. the actual or threatened malicious use of pathogenic or poisonous biological or chemical

3. nuclear reaction, nuclear radiation or radioactive contamination;

4. the Insured Person engaging in or takin

5. the Insured Person’s suicide or attempted suicide or intentional self

being in a state of insanity;

6. venereal disease or Acquired Immune Deficiency Syndrome (AIDS), AIDS Relate

Immuno-deficiency Virus (HIV) howsoever these have been acquired or may

7. the Insured Person’s deliberate exposure to exceptional danger (except in an attempt to save

8. the Insured Person 's own criminal act;

9. the Insured Person being under the influence of alcohol or drugs;

10. pregnancy or childbirth;




' means identifiable physical injury which

(b) solely and independently of any other cause, except illness directly resulting from, or medical

rendered necessary by such injury, occasions the death or disablement

Person within twelve months from the date of the Accident.

' means a sudden, unexpected, unusual, specific event which occurs at an

ce during the Period of Insurance.

shall also include disappearance. If the Insured Person is not found within twelve months of disappearing,

and sufficient evidence is produced satisfactory to the Underwriters that leads them inevitably to the

Bodily Injury and that such injury has caused the Insured Person’s death, the


o whom such sum is paid shall sign an undertaking to refund such sum to the Underwriters if the

Insured Person is subsequently found to be living.

means sickness or disease of the Insured Person which first manifests itself during

Insurance and occasions the total disablement of the Insured Person within twelve months after manifesting itself.

PERMANENT TOTAL DISABLEMENT' means disablement which entirely prevents the Insured

from attending to any business or occupation for which they are reasonably suited by

experience and which lasts twelve months and at the end of that period is beyond hope of improvement.

means permanent loss by physical separation of a hand at or above

or above the ankle and includes permanent total and irrecoverable loss of use of hand, arm or leg.

This Insurance does not cover claims in any way caused or contributed to by:

1. war, whether war be declared or not, hostilities or any act of war or civil war;

2. the actual or threatened malicious use of pathogenic or poisonous biological or chemical materials;

3. nuclear reaction, nuclear radiation or radioactive contamination;

4. the Insured Person engaging in or taking part in armed forces service or operations;

5. the Insured Person’s suicide or attempted suicide or intentional self-injury or the Insured Person

6. venereal disease or Acquired Immune Deficiency Syndrome (AIDS), AIDS Related Complex

deficiency Virus (HIV) howsoever these have been acquired or may be named;

7. the Insured Person’s deliberate exposure to exceptional danger (except in an attempt to save

act;

9. the Insured Person being under the influence of alcohol or drugs;


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(b) solely and independently of any other cause, except illness directly resulting from, or medical or

rendered necessary by such injury, occasions the death or disablement of the Insured

' means a sudden, unexpected, unusual, specific event which occurs at an identifiable time

shall also include disappearance. If the Insured Person is not found within twelve months of disappearing,

and sufficient evidence is produced satisfactory to the Underwriters that leads them inevitably to the conclusion that

and that such injury has caused the Insured Person’s death, the


o whom such sum is paid shall sign an undertaking to refund such sum to the Underwriters if the

means sickness or disease of the Insured Person which first manifests itself during the Period of

months after manifesting itself.

means disablement which entirely prevents the Insured Person

n for which they are reasonably suited by training, education or

beyond hope of improvement.

means permanent loss by physical separation of a hand at or above the wrist or of a foot at

use of hand, arm or leg.

materials;

injury or the Insured Person

d Complex (ARC) or Human

7. the Insured Person’s deliberate exposure to exceptional danger (except in an attempt to save human life);




11. neuroses, psychoneuroses, psychopathies or psychoses, anxiety, stress, fatigue or mental or

emotional diseases or disorders of any type.

CONDITIONS

1. If the Insured Person shall regularly engage in any occupation, sport, pastime or other activity in

greater risk may be incurred than previously disclosed in connection with this

Underwriters and obtaining their written agreement to the

any additional premium as the Underwriters may reasonably require as the consideration for such agreement), then

no claim shall be payable in respect of any

2. Unless otherwise declared and agreed by the Underwriters no benefit will be payable for any

the Insured Person has sought advice, diagnosis, treatment or

should reasonably have been aware at inception of this

any time prior to inception.

3. Notice must be given to the Underwriters as soon as reasonably practicable of any

causes or may cause a claim within the meaning of this Insurance, and the

seek the attention of a duly qualified medical

reasonably practicable in the event of the death of the Insured Person resulting or alleged to result from an

All medical records, notes and correspondence referring to the subject of a claim or a related pre

shall be made available on request to any medical adviser appointed by or on behalf of the Underwriters and such

medical adviser shall, for the purpose of reviewing the claim, be allowed so often as may be deemed necessary to

make an examination of the Insured Person.

4. Any fraud, concealment, or deliberate mis

relation to any other matter affecting this Insurance or in connection

render this Insurance null and void and all claims

5. The law and jurisdiction applicable to this insurance contract are as stated in the Schedule.

13/4/04

NMA2989





emotional diseases or disorders of any type.

1. If the Insured Person shall regularly engage in any occupation, sport, pastime or other activity in

greater risk may be incurred than previously disclosed in connection with this Insurance without first notifying the

taining their written agreement to the inclusion under this Insurance, (subject to the payment of

Underwriters may reasonably require as the consideration for such agreement), then

shall be payable in respect of any Accident or Illness arising from such activity.

2. Unless otherwise declared and agreed by the Underwriters no benefit will be payable for any

the Insured Person has sought advice, diagnosis, treatment or counseling or of which the Insu

should reasonably have been aware at inception of this Insurance or for which the Insured Person has been treated at

3. Notice must be given to the Underwriters as soon as reasonably practicable of any Accide

causes or may cause a claim within the meaning of this Insurance, and the Insured Person must as early as possible

seek the attention of a duly qualified medical practitioner. Notice must be given to the Underwriters as soon as

event of the death of the Insured Person resulting or alleged to result from an

All medical records, notes and correspondence referring to the subject of a claim or a related pre

n request to any medical adviser appointed by or on behalf of the Underwriters and such


make an examination of the Insured Person.

d, concealment, or deliberate mis-statement either in the proposal on which this

relation to any other matter affecting this Insurance or in connection with the making of any claim hereunder shall

d and all claims hereunder shall be forfeited.



400078. Tel.: +91 22 6638 3600 | Fax: 91 22


1. If the Insured Person shall regularly engage in any occupation, sport, pastime or other activity in which materially

Insurance without first notifying the

inclusion under this Insurance, (subject to the payment of

Underwriters may reasonably require as the consideration for such agreement), then

2. Unless otherwise declared and agreed by the Underwriters no benefit will be payable for any condition for which

of which the Insured Person was or

Insurance or for which the Insured Person has been treated at

Accident or Illness which

Insured Person must as early as possible

practitioner. Notice must be given to the Underwriters as soon as

event of the death of the Insured Person resulting or alleged to result from an Accident.

All medical records, notes and correspondence referring to the subject of a claim or a related pre-existing condition

n request to any medical adviser appointed by or on behalf of the Underwriters and such


statement either in the proposal on which this Insurance is based or in

with the making of any claim hereunder shall





Schedule of Benefits (in percentages of the Capital Sum Insured)


Compensation payable in respect of ACCIDENT

1. Death

2. Total and Irrecoverable loss of sight of both eyes

3. Total and Irrecoverable loss of sight of one eye

4. Loss of two limbs

5. Loss of one limb

6. Total and Irrecoverable loss of sight of one eye and loss of one limb

7. Permanent total disablement (other than total loss of sight of one or both eyes or loss of limb)





percentages of the Capital Sum Insured)

Compensation payable in respect of ACCIDENT

2. Total and Irrecoverable loss of sight of both eyes

3. Total and Irrecoverable loss of sight of one eye

6. Total and Irrecoverable loss of sight of one eye and loss of one limb

7. Permanent total disablement (other than total loss of sight of one or both eyes or loss of limb)


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

100%

100%

100%

100%

100%

100%

7. Permanent total disablement (other than total loss of sight of one or both eyes or loss of limb) 100%





ISSUED TO :- ………………………………… and as more fully set forth in the Schedule.

It is understood and agreed that effective inception this Policy is subject to the following:

This Policy is subject to the following attached Endorsements/Clauses as applicable:

(i) Kiln Geographic Areas Exclusion Clause LSW 617F (amended)

(ii) JHA War Terrorism and Mass Destruction Exclusion Clause

Hi-Jack NMA 1732

(iii) Nuclear/Radioactive Contamination Exclusion Clause

(iv) Premium payable in full at inception LSW 3000 amended (as attached)






………………………………… and as more fully set forth in the Schedule.

It is understood and agreed that effective inception this Policy is subject to the following:-

following attached Endorsements/Clauses as applicable:-

(i) Kiln Geographic Areas Exclusion Clause LSW 617F (amended)

(ii) JHA War Terrorism and Mass Destruction Exclusion Clause

(iii) Nuclear/Radioactive Contamination Exclusion Clause LSW 1210.

(iv) Premium payable in full at inception LSW 3000 amended (as attached)


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


………………………………… and as more fully set forth in the Schedule.




KILN GEOGRAPHIC AREAS EXCLUSION CLAUSE


regions:

k) Cabinda, Burundi, Central African Republic, Congo, Democratic Republic of

Coast, Liberia, Sierra Leone, Somalia.

l) Colombia, Ecuador, Peru.

m) Checheno / Ingushskaya and Nagorna

n) Iraq, Syria

o) Any operations where the operations of the insured aircraft is in breach of United Nations


a) for the over flight of any excluded country where the flight is within an internationally


b) in circumstances where an insured Aircraft has landed in an excluded as a direct

result of force majeure subject advice to Underwriters

3. Any excluded country may be covered by underwriters at terms to be agreed by the

flight.




KILN GEOGRAPHIC AREAS EXCLUSION CLAUSE

LSW 617F AMENDED


nda, Burundi, Central African Republic, Congo, Democratic Republic of Congo, Eritrea, Ethiopia, Ivory

m) Checheno / Ingushskaya and Nagorna- Karabakh

where the operations of the insured aircraft is in breach of United Nations




b) in circumstances where an insured Aircraft has landed in an excluded as a direct consequence and exclusively as a

result of force majeure subject advice to Underwriters within 72 hours.

3. Any excluded country may be covered by underwriters at terms to be agreed by the Slip Leader only prior to


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


Congo, Eritrea, Ethiopia, Ivory


recognised air corridor and

consequence and exclusively as a

Slip Leader only prior to




JHA War, Terrorism and Mass Destruction ExclusionNotwithstanding any provision to the contrary within this insurance

that this insurance excludes any loss or expense of whatsoever nature directly or indirectly arising out of,

contributed to, caused by, resulting from, or in connection with any of the following regardless of any other

event contributing concurrently or in any other sequence to the loss or expense;

1. War, hostilities or warlike operations (whether war be declared or not),

2. Invasion,

3. Act of an enemy foreign to the nationality of the insured person or the count

4. Civil war,

5. Riot,

6. Rebellion,

7. Insurrection,

8. Revolution,

9. Overthrow of the legally constituted government,

10. Civil commotion assuming the proportions of, or amounting to, an uprising,

11. Military or usurped power,

12. Explosions of war weapons,

13. Utilisation of Nuclear, Chemical or Biological weapons of mass destruction howsoever these may be

or combined,

14. Murder or Assault subsequently proved beyond reasonable doubt to have been the

to the nationality of the insured person whether war be declared with that state or not,

15. Terrorist activity.

For the purpose of this exclusion; i) Terrorist activity means an act, or acts, of any person, or group(s) o

ideological or similar purposes with the intention to influence any government and/or to put the

section of the public, in fear. Terrorist activity can include, but not be limited to, the actual

and/or the threat of such use. Furthermore, the perpetrators of terrorist activity

behalf of, or in connection with any organisation(s) or governments(s).

ii) Utilisation of Nuclear weapons of ma

the emission, discharge, dispersal, release or escape of fissile material emitting a level of

causing incapacitating disablement or death amongst people or a

iii) Utilisation of Chemical weapons of mass destruction means the emission, discharge, dispersal, release

of any solid, liquid or gaseous chemical compound which, when suitably distributed, is capable

incapacitating disablement or death amongst people or animals.

iv) Utilisation of Biological weapons of mass destruction means the emission, discharge, dispersal, release

of any pathogenic (disease producing) micro

genetically modified organisms and chemically synthesised toxins) which are capable of

disablement or death amongst people or animals.




JHA War, Terrorism and Mass Destruction Exclusion Notwithstanding any provision to the contrary within this insurance, or any endorsement thereto, it is agreed


contributed to, caused by, resulting from, or in connection with any of the following regardless of any other

event contributing concurrently or in any other sequence to the loss or expense;

1. War, hostilities or warlike operations (whether war be declared or not),

3. Act of an enemy foreign to the nationality of the insured person or the country in, or over, which the act

9. Overthrow of the legally constituted government,

10. Civil commotion assuming the proportions of, or amounting to, an uprising,

13. Utilisation of Nuclear, Chemical or Biological weapons of mass destruction howsoever these may be

14. Murder or Assault subsequently proved beyond reasonable doubt to have been the act of agents of a

to the nationality of the insured person whether war be declared with that state or not,

i) Terrorist activity means an act, or acts, of any person, or group(s) of persons, committed for political,

ideological or similar purposes with the intention to influence any government and/or to put the

section of the public, in fear. Terrorist activity can include, but not be limited to, the actual

and/or the threat of such use. Furthermore, the perpetrators of terrorist activity can either be acting alone, or on

behalf of, or in connection with any organisation(s) or governments(s).

ii) Utilisation of Nuclear weapons of mass destruction means the use of any explosive nuclear weapon or

the emission, discharge, dispersal, release or escape of fissile material emitting a level of

causing incapacitating disablement or death amongst people or animals.

iii) Utilisation of Chemical weapons of mass destruction means the emission, discharge, dispersal, release

of any solid, liquid or gaseous chemical compound which, when suitably distributed, is capable

ent or death amongst people or animals.

iv) Utilisation of Biological weapons of mass destruction means the emission, discharge, dispersal, release

of any pathogenic (disease producing) micro-organism(s) and/or biologically produced toxin(s)

genetically modified organisms and chemically synthesised toxins) which are capable of

disablement or death amongst people or animals.


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endorsement thereto, it is agreed


contributed to, caused by, resulting from, or in connection with any of the following regardless of any other cause or

ry in, or over, which the act occurs,

13. Utilisation of Nuclear, Chemical or Biological weapons of mass destruction howsoever these may be distributed

act of agents of a state foreign

f persons, committed for political, religious,

ideological or similar purposes with the intention to influence any government and/or to put the public, or any

section of the public, in fear. Terrorist activity can include, but not be limited to, the actual use of force or violence

can either be acting alone, or on

ss destruction means the use of any explosive nuclear weapon or device or

radioactivity capable of

iii) Utilisation of Chemical weapons of mass destruction means the emission, discharge, dispersal, release or escape

of any solid, liquid or gaseous chemical compound which, when suitably distributed, is capable of causing

iv) Utilisation of Biological weapons of mass destruction means the emission, discharge, dispersal, release or escape

organism(s) and/or biologically produced toxin(s) (including

genetically modified organisms and chemically synthesised toxins) which are capable of causing incapacitating




Also excluded hereon is any loss or expense of whatsoever nature directly or indirectl

of, contributed to, caused by, resulting from, or in connection with any action taken in controlling,

preventing, or suppressing any, or all, of (1) to (15) above.

In the event any portion of this exclusion is found to be invalid or unenforc

in full force and effect.

Hi-Jack Clause Subject otherwise to the terms and conditions of the policy it is hereby agreed that the term

“Accident” shall be deemed to include Hi

thereform.

The cover referred to above shall continue whilst the Insured person is subject to the control of the

associates making the Hi-jack and during travel direct to his domicile and/or

exceeding twelve months from the date of the Hi

Hi-jacking means unlawful seizure or wrongful exercise of control of an aircraft or conveyance, or

the crew thereof, in which the Insured person is travelling as a passenger.

17/12/70

NMA1732

NUCLEAR/RADIOACTIVE EXCLUSION CLAUSEThis Insurance does not cover claims in any way caused or contributed to by:

radioactive contamination.

LSW1210




Also excluded hereon is any loss or expense of whatsoever nature directly or indirectly arising out


preventing, or suppressing any, or all, of (1) to (15) above.

In the event any portion of this exclusion is found to be invalid or unenforceable, the remainder shall remain

Subject otherwise to the terms and conditions of the policy it is hereby agreed that the term

“Accident” shall be deemed to include Hi-Jack, or any attempt thereat, and exposure resulting

The cover referred to above shall continue whilst the Insured person is subject to the control of the

jack and during travel direct to his domicile and/or original destination, for a period

exceeding twelve months from the date of the Hi-jack.

Definition

jacking means unlawful seizure or wrongful exercise of control of an aircraft or conveyance, or

the crew thereof, in which the Insured person is travelling as a passenger.

NUCLEAR/RADIOACTIVE EXCLUSION CLAUSE This Insurance does not cover claims in any way caused or contributed to by: nuclear reaction, nuclear radiation or


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

y arising out


eable, the remainder shall remain

esulting

The cover referred to above shall continue whilst the Insured person is subject to the control of the person(s) or their

original destination, for a period not

jacking means unlawful seizure or wrongful exercise of control of an aircraft or conveyance, or

nuclear reaction, nuclear radiation or






of this policy (or, in respect of instalment premiums, when due).

If the premium due under this policy has not been so paid to Underwriters by the 61

policy (and, in respect of instalment premiums, by the date they are due)

this policy by notifying the Insured via the broker in


payable to Underwriters in the event of a loss or occurrence prior to the date of termination which gives rise to a



broker. If premium due is paid in full to Underwriters before the notice period

automatically be revoked. If not, the policy shall automatically


rights under this clause on their own behalf and on


unenforceable, such invalidity or unenforceability will not affect the other






(LSW 3000 AMENDED)

undertakes that premium will be paid in full to Underwriters within 60 days of inception

of this policy (or, in respect of instalment premiums, when due).

If the premium due under this policy has not been so paid to Underwriters by the 61st day from the

policy (and, in respect of instalment premiums, by the date they are due) Underwriters shall have the right to cancel

this policy by notifying the Insured via the broker in writing. In the event of cancellation, premium is due to

ers on a pro rata basis for the period that Underwriters are on risk but the full policy premium shall be


is agreed that Underwriters shall give not less than 30 days prior notice of cancellation to the

broker. If premium due is paid in full to Underwriters before the notice period expires, notice of cancellation shall

. If not, the policy shall automatically terminate at the end of the notice period.


rights under this clause on their own behalf and on behalf of all Underwriters participating in this contract.




400078. Tel.: +91 22 6638 3600 | Fax: 91 22

undertakes that premium will be paid in full to Underwriters within 60 days of inception

day from the inception of this

Underwriters shall have the right to cancel

writing. In the event of cancellation, premium is due to

period that Underwriters are on risk but the full policy premium shall be


is agreed that Underwriters shall give not less than 30 days prior notice of cancellation to the Insured via the

expires, notice of cancellation shall

terminate at the end of the notice period.


participating in this contract.


of this clause which will




SECTION VIII – AVIATION INSURANCE

1. ABOUT THIS INSURANCE

1.1. Legal Contract

This Insurance is a legal contract. This Insurance and any Endorsements are to be read as a

waiver or change of the terms of this Insurance shall be valid unless evidenced by written Endorsement signed by

the Underwriters or their authorised representatives. Such written changes form a part of this Insurance. The

interests and duties of the parties to this Insurance are not assignable.

1.2. Interpretation

Words and expressions in bold type to which a specific definition is given shall have the same meaning wherever

they appear in this Insurance. Where permitted by the

singular shall include the plural and the plural the singular.

1.3. Applicable Law

Prior to the inception date of this Insurance stated in Item

Employer and the Underwriters are free to agree upon the law applicable to this Insurance and unless otherwise

specifically agreed and endorsed hereon to the contrary, this Insurance shall be subject to English Law and the

jurisdiction of the English courts.

1.4. Waivers

The Underwriters, at their entire discretion, may effect a waiver of Exclusion 7.8., 7.4. or 7.5. or Conditi

in respect of specified Insured persons subject to full information being received and any special conditions

additional premium as may be imposed or requested. Subject otherwise to all the terms and conditions of this

Insurance. No waiver will be operative unless signified by an endorsement signed by the Underwriters or their

authorized representative and attached to this Insurance. Advice to Underwriters of any circumstance, accident or

illness or physical or medical condition under any previous policy shall not consititute an acceptance by them of the

same under this Insurance unless endorsed hereon as afore

2. DUTIES OF THE EMPLOYER

2.1. To pay the Premium stated in Item Error! Reference source not found.

the inception date of this Insurance stated in Item

2.2. To have in force throughout the period of this Insurance a scheme for its aircrew staff which includes the

payment of moneys under this Insurance for their sole benefit.

2.3. To disclose all facts and circumstances which affect this Insurance or its

assessment of the risk involved prior to the inception date of this Insurance stated in the Schedule, including but not

limited to an exact description of all Licence(s) and Certificate(s) held by Insured persons.




AVIATION INSURANCE - GROUP AIRCREW LOSS OF

LICENCE

This Insurance is a legal contract. This Insurance and any Endorsements are to be read as a complete document. No


Underwriters or their authorised representatives. Such written changes form a part of this Insurance. The

duties of the parties to this Insurance are not assignable.


appear in this Insurance. Where permitted by the context the masculine gender shall include the feminine, the

shall include the plural and the plural the singular.

Prior to the inception date of this Insurance stated in Item Error! Reference source not found.



The Underwriters, at their entire discretion, may effect a waiver of Exclusion 7.8., 7.4. or 7.5. or Conditi

respect of specified Insured persons subject to full information being received and any special conditions

premium as may be imposed or requested. Subject otherwise to all the terms and conditions of this

waiver will be operative unless signified by an endorsement signed by the Underwriters or their

ached to this Insurance. Advice to Underwriters of any circumstance, accident or

physical or medical condition under any previous policy shall not consititute an acceptance by them of the

this Insurance unless endorsed hereon as aforesaid.

Error! Reference source not found. of the Schedule within thirty (30) days of

inception date of this Insurance stated in Item Error! Reference source not found. of the Schedule.


moneys under this Insurance for their sole benefit.

2.3. To disclose all facts and circumstances which affect this Insurance or its formation or the Underwriters’

the risk involved prior to the inception date of this Insurance stated in the Schedule, including but not

description of all Licence(s) and Certificate(s) held by Insured persons.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

GROUP AIRCREW LOSS OF

complete document. No




context the masculine gender shall include the feminine, the

Error! Reference source not found. of the Schedule, the



The Underwriters, at their entire discretion, may effect a waiver of Exclusion 7.8., 7.4. or 7.5. or Condition 8.2. or 8.3.

respect of specified Insured persons subject to full information being received and any special conditions or

premium as may be imposed or requested. Subject otherwise to all the terms and conditions of this

waiver will be operative unless signified by an endorsement signed by the Underwriters or their

ached to this Insurance. Advice to Underwriters of any circumstance, accident or

physical or medical condition under any previous policy shall not consititute an acceptance by them of the

of the Schedule within thirty (30) days of

of the Schedule.


formation or the Underwriters’





2.4. To advise every Insured person of the terms of and their rights and duties under this Insurance.

2.5. To comply with all the terms and conditions of this Insurance both before and after the happening of any

Insured Event.

2.6. Failure of the Employer to comply with clause 2.1. above will result in the automatic voiding of the Insurance ab

initio.

2.7. Failure of the Employer to comply with clause 2.2. above will result in the automatic termination of this

Insurance with effect from the date the scheme ceases

risk not run by the Underwriters.

2.8. Failure of the Employer to comply with clause 2.3. above will give the Underwriters the option to either consider

the Insurance void ab initio or to charge

terms and conditions of the Insurance.

2.9. Failure of the Employer to comply with clause 2.4. or 2.5. above will give the Underwriters the right to refuse to

pay any claim which may result from or be affected by or connected with the failure or to recover the amount of any

such claim as the Underwriters may be held liable to pay from the Employer.

3. DUTIES OF INDIVIDUAL INSURED PERSONS

3.1. The duties of the Employer stated in clause

to comply will result in the same consequences as for the Employer except that they shall only apply to the

individual concerned, not to the entire Insurance.

3.2. Each Insured person must advise the Underwriters of any changes in the medical standards of the licence issuing

authority or any other authority having jurisdiction over the

authority.

Failure of an Insured person to comply wit

claim under Insured Events Error! Reference source not found.

that Insured person after the effective date of such changes in med

way related to such changes.

3.3. Each Insured person must advise the Underwriters of any additional

period of this Insurance and any changes to the type or num

Schedule of Insured persons held at the inception date of this Insurance stated in Item

found. of the Schedule. Failure of an Insured person to comply with this condition will

right to refuse to pay any claim under

source not found. In respect of that Insured person after the effective date of such changes.

4. INSURING AGREEMENTS




vise every Insured person of the terms of and their rights and duties under this Insurance.


y with clause 2.1. above will result in the automatic voiding of the Insurance ab


effect from the date the scheme ceases, with a pro rata return of the Premium commensurate to the


Insurance void ab initio or to charge a reasonable additional premium or make reasonable alterations to the


sult from or be affected by or connected with the failure or to recover the amount of any

as the Underwriters may be held liable to pay from the Employer.

3. DUTIES OF INDIVIDUAL INSURED PERSONS

3.1. The duties of the Employer stated in clause 2.3.and 2.5.above shall apply to each Insured person and the failure

comply will result in the same consequences as for the Employer except that they shall only apply to the

concerned, not to the entire Insurance.

st advise the Underwriters of any changes in the medical standards of the licence issuing

authority or any other authority having jurisdiction over the Licence(s)/Certificate(s), including governmental

Failure of an Insured person to comply with this condition will give the Underwriters the right to refuse to pay any

Insured Events Error! Reference source not found. or Error! Reference source not found.

Insured person after the effective date of such changes in medical standards whether or not the claim was in any

3.3. Each Insured person must advise the Underwriters of any additional Licence(s)/Certificate(s)

of this Insurance and any changes to the type or number of the Licence(s)/Certificate(s)

Insured persons held at the inception date of this Insurance stated in Item Error! Reference source not

Schedule. Failure of an Insured person to comply with this condition will give the Underwriters the

any claim under Insured Events Error! Reference source not found.

respect of that Insured person after the effective date of such changes.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

vise every Insured person of the terms of and their rights and duties under this Insurance.


y with clause 2.1. above will result in the automatic voiding of the Insurance ab


, with a pro rata return of the Premium commensurate to the


a reasonable additional premium or make reasonable alterations to the


sult from or be affected by or connected with the failure or to recover the amount of any

2.3.and 2.5.above shall apply to each Insured person and the failure

comply will result in the same consequences as for the Employer except that they shall only apply to the

st advise the Underwriters of any changes in the medical standards of the licence issuing

, including governmental

h this condition will give the Underwriters the right to refuse to pay any

Error! Reference source not found. in respect of

ical standards whether or not the claim was in any

Licence(s)/Certificate(s) gained during the

Licence(s)/Certificate(s) stated in the

Error! Reference source not

give the Underwriters the

Insured Events Error! Reference source not found. or Error! Reference




4.1. In consideration of the fulfilment of the Duties described in Sections 2. and 3. of this Insurance, the Underwriters

named in Item Error! Reference source not found.

4.2. The Underwriters will for each Insured

Item Error! Reference source not found.

all the terms and conditions of this Insurance.

4.3. Compensation will be paid for only one

any of Insured Event Error! Reference source not found.

on from any of Insured Event Error! Reference source n

in which case the amount of any compensation paid under any of

will be deducted from the amount payable under any of

under this Insurance or any previous insurance of which this Insurance is a renewal.

4.4. The Insurance does not apply to any person having any medical restriction to his

specifically noted in the Schedule of Insured Persons or otherwise endorsed on this Insurance in writing and signed

by the Underwriters or their authorised representative.

5. SPECIAL LIMITATIONS AND CONDITIONS IN RESPECT OF CERTAIN INSURED EVENTS

5.1. All Insured Event Error! Reference source not found.

No payment will be made should the Insured person die within 12 months of the issuance of the long term unfitness

assessment or permanent revocation by the licence issuing authority.

any claim until 180 days after the Date of Loss

whichever occurs last nor before all enquiries relating to the claim have been completed by

Underwriters may at their option settle the claim in yearly instalments and require proof of the continuing disability

if in their opinion it is not unlikely that the Licence(s)/ Certificate(s) will be restored or the revocation cance

and/or similar Licence(s)/ Certificate(s)

Loss.

No payment will be made unless the issuance of the long term unfitness assessment or permanent revocation by the

licence issuing authority occurs within 12 months of the date of the

Undiagnosed Illness was reported to a qualified medical practitioner, as the case may be except in the following

circumstances:

a) where the Underwriters have accepted the existence of the pre

will be made unless the issuance of the long term unfitness assessment or permanent revocation by

issuing authority consequent upon such co

b) where the issuance of the long term unfitness assessment or permanent revocation by the licence issuing

follows immediately upon any of Insured Event Error! Reference source not found.





Error! Reference source not found. of the Schedule hereby agree as follows.

4.2. The Underwriters will for each Insured person pay to the Employer the amount of the compensation stated in

Error! Reference source not found. of the Schedule upon the happening of an Insured Event

the terms and conditions of this Insurance.

paid for only one Insured Event in respect of any one Insured person except where either

Insured Event Error! Reference source not found., Permanent Total Disablement (Loss of Licence)

Insured Event Error! Reference source not found., Temporary Total Disablement (Loss of Licence)

in which case the amount of any compensation paid under any of Insured Event Error! Reference source not found.

will be deducted from the amount payable under any of Insured Events Error! Reference source not found.

under this Insurance or any previous insurance of which this Insurance is a renewal.

4.4. The Insurance does not apply to any person having any medical restriction to his Licence(s)/Certificate(s)

Schedule of Insured Persons or otherwise endorsed on this Insurance in writing and signed

the Underwriters or their authorised representative.


ference source not found., Permanent Total Disablement (Loss of Licence)


assessment or permanent revocation by the licence issuing authority. The Underwriters shall not be obliged to settle

Date of Loss or the date the Insured person makes a claim under this Insurance,

whichever occurs last nor before all enquiries relating to the claim have been completed by


their opinion it is not unlikely that the Licence(s)/ Certificate(s) will be restored or the revocation cance

Licence(s)/ Certificate(s) may be obtained anywhere in the world within five years of the


licence issuing authority occurs within 12 months of the date of the Accident or the date illness manifested itself or

was reported to a qualified medical practitioner, as the case may be except in the following

the Underwriters have accepted the existence of the pre-existing condition, and in such case no


issuing authority consequent upon such condition occurs during the period of Insurance;


Insured Event Error! Reference source not found.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


person pay to the Employer the amount of the compensation stated in

Insured Event subject always to

in respect of any one Insured person except where either

Permanent Total Disablement (Loss of Licence), follows

Temporary Total Disablement (Loss of Licence),


source not found. whether

Licence(s)/Certificate(s) unless

Schedule of Insured Persons or otherwise endorsed on this Insurance in writing and signed


, Permanent Total Disablement (Loss of Licence)


The Underwriters shall not be obliged to settle

or the date the Insured person makes a claim under this Insurance,

whichever occurs last nor before all enquiries relating to the claim have been completed by the Underwriters. The


their opinion it is not unlikely that the Licence(s)/ Certificate(s) will be restored or the revocation cancelled

may be obtained anywhere in the world within five years of the Date of


or the date illness manifested itself or


existing condition, and in such case no payment

will be made unless the issuance of the long term unfitness assessment or permanent revocation by the licence

b) where the issuance of the long term unfitness assessment or permanent revocation by the licence issuing authority




5.2. Insured Event Error! Reference source not found.

Substances Illness

Compensation will only be payable if the Insured person within ninety days from the date of the diagnosis enters a

rehabilitation programme approved by the Underwriters and demonstrates and continues to demonstrate to the

satisfaction of the Underwriters that he is participating and co

programme.

The cost of participation in the programme

the Underwriters shall not be liable to pay more in total than the relevant amount of the compensation stated in the

Schedule.


Undiagnosed Illness

Compensation is payable at the entire discretion of the Underwriters, without any right of recourse of the Employer

or Insured person under the Arbitration clause contained herein or to any


Compensation will not be payable in respect of the Excess Period stated in the Schedule.

Where the Underwriters have accepted the existence of a pre

to pay under this Insurance and any previous policy or policies combined for more than the total Benefit Period

stated in Item Error! Reference source not found.

conditions.

No payment will be made unless the medical condition necessitates treatment and regular attendance by a qualified

medical practitioner. Evidence of the continuance of disability shall be p

precedent to any liability of the Underwriters.

Subject to any provisions of this Insurance which would entail an earlier termination, the period for which

compensation is paid shall terminate upon

a) the cancellation or expiry of the temporary unfitness assessment by the licence issuing authority, whether or

not the Insured person decides to return to normal duties,

b) the issuance of a long term unfitness assessment or permanent revocation by the licence

c) the expiry of the Benefit Period

whichever shall occur first.

Benefit payable shall be payable monthly, 30 days in arrears and apportionable pro rata from day to day.

No payment will be made unless the issuance of the temporary




Error! Reference source not found., Permanent Total Disablement (Loss of Licence) by


gramme approved by the Underwriters and demonstrates and continues to demonstrate to the

satisfaction of the Underwriters that he is participating and co-operating in all aspects of such rehabilitation

The cost of participation in the programme will be deducted from the compensation payable. Provided always that

Underwriters shall not be liable to pay more in total than the relevant amount of the compensation stated in the



Insured person under the Arbitration clause contained herein or to any court having jurisdiction.

Error! Reference source not found., Temporary Total Disablement (Loss of Licence)


ed the existence of a pre-existing condition, the Underwriters shall not be liable

pay under this Insurance and any previous policy or policies combined for more than the total Benefit Period

Error! Reference source not found. of the Schedule in respect of any one medical condition or set of


medical practitioner. Evidence of the continuance of disability shall be provided to the Underwriters as a condition



is paid shall terminate upon

cancellation or expiry of the temporary unfitness assessment by the licence issuing authority, whether or

not the Insured person decides to return to normal duties,

b) the issuance of a long term unfitness assessment or permanent revocation by the licence issuing authority or


No payment will be made unless the issuance of the temporary unfitness assessment by the licence issuing authority


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

, Permanent Total Disablement (Loss of Licence) by


gramme approved by the Underwriters and demonstrates and continues to demonstrate to the

operating in all aspects of such rehabilitation

will be deducted from the compensation payable. Provided always that


manent Total Disablement (Loss of Licence) by


court having jurisdiction.

, Temporary Total Disablement (Loss of Licence)

existing condition, the Underwriters shall not be liable


dule in respect of any one medical condition or set of


rovided to the Underwriters as a condition



issuing authority or


unfitness assessment by the licence issuing authority




occurs within 12 months of the date of the

reported to a qualified medical practitioner, as the case may be except where the Un

existence of a pre-existing condition and in such case no payment will be made unless the consequent issuance of the

temporary unfitness assessment by the licence issuing authority occurs during the period of Insurance.

6. DEFINITIONS

1. Insured Event

Insured Event means any of the events specified as such in Item

Schedule.

2. by Accident

by Accident means

a) by reason of or on the sole grounds of the Insured person having sustained i

illness directly resulting from or medical or surgical treatment rendered necessary by such injury AND

b) where such injury is caused by an Accident

AND

c) where such injury occurs during the period of Insurance specified in Item

the Schedule.

3. Accident

Accident means a sudden, unexpected, unusual, specific event which occurs at an identifiable time and place, but

shall also include exposure to the elements resulting from such an event.

4. by General Illness

by General Illness means on the sole grounds that the Insured person has sustained an illness which manifests itself

during the period of Insurance stated in Item

illness falling within the terms of Definition 5.,

is not in itself the direct consequence of identifiable physical injury c

5. by Substances Illness

by Substances Illness means on the sole grounds that the Insured person has sustained an illness which manifests

itself during the period of Insurance stated in Item

indirectly consequent upon the influence of alcohol, drugs or narcotics.

\

6. by Undiagnosed Illness

by Undiagnosed Illness means on the sole grounds that the Insured person has sustained a set of physical or mental

symptoms which is advised to a qualified medical practitioner during the period of Insurance stated in Item

Reference source not found. of the Schedule and which is not detectable or diagnosable as an illness.

7. Permanent Total Disablement (Loss of Licence)

Permanent Total Disablement (Loss of Licence)

capacity for which any Licence(s)/Certificate(s)




occurs within 12 months of the date of the Accident or the date illness manifested itself or Undiagnosed Illness

reported to a qualified medical practitioner, as the case may be except where the Underwriters have accepted the

existing condition and in such case no payment will be made unless the consequent issuance of the


means any of the events specified as such in Item Error! Reference source not found.

a) by reason of or on the sole grounds of the Insured person having sustained identifiable physical injury or


Accident in a manner which is violent, unforeseen, external and visible

such injury occurs during the period of Insurance specified in Item Error! Reference source not

means a sudden, unexpected, unusual, specific event which occurs at an identifiable time and place, but

include exposure to the elements resulting from such an event.

means on the sole grounds that the Insured person has sustained an illness which manifests itself

during the period of Insurance stated in Item Error! Reference source not found. of the Schedule and which is not an

illness falling within the terms of Definition 5., Substances Illness or Definition 6., Undiagnosed Illness

not in itself the direct consequence of identifiable physical injury caused by an Accident.

means on the sole grounds that the Insured person has sustained an illness which manifests

itself during the period of Insurance stated in Item Error! Reference source not found. of the


means on the sole grounds that the Insured person has sustained a set of physical or mental

dvised to a qualified medical practitioner during the period of Insurance stated in Item

of the Schedule and which is not detectable or diagnosable as an illness.


t Total Disablement (Loss of Licence) means the prevention of the Insured person from acting in any

Licence(s)/Certificate(s) are held due to all such Licence(s)/Certificate(s)


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

Undiagnosed Illness was

derwriters have accepted the



Error! Reference source not found. of the

dentifiable physical injury or


in a manner which is violent, unforeseen, external and visible

Error! Reference source not found. of


means on the sole grounds that the Insured person has sustained an illness which manifests itself

of the Schedule and which is not an

Undiagnosed Illness and which

means on the sole grounds that the Insured person has sustained an illness which manifests

of the Schedule directly or

means on the sole grounds that the Insured person has sustained a set of physical or mental

dvised to a qualified medical practitioner during the period of Insurance stated in Item Error!


means the prevention of the Insured person from acting in any

Licence(s)/Certificate(s) being permanently




revoked or a long term unfitness asses

opinion of a qualified medical practitioner are beyond hope of improvement and which entails both the following

consequences:

a) the inability of the Insured person to obtain a renewal

of the unfitness assessment or revocation within a period of 60 months from the date of the same;

b) the inability of the Insured person to obtain any similar licence or certificate anywhere in

period of 60 months from the date of the issuance of the unfitness assessment or revocation.

Provided that nothing in this Definition shall impose any obligation on the part of the Insured person to seek the

withdrawal of any long term unfitness assessment or permanent revocation of the

8. Temporary Total Disablement (Loss of Licence)

Temporary Total Disablement (Loss of Licence)

capacity for which he holds a Licence(s)/Certificate(s)

suspended by the licence issuing authority on medical grounds.


confirmed within 28 days by the issuance of a "temporarily unfit" assessment by the relevant licence issuing

authority

9. Licence(s)/Certificate(s)

Licence(s)/Certificate(s) means all Licences or Certificates held

occupation.

10. Date of Loss

Date of Loss means the first day that the Insured person is suspended from active duty consequent upon the

issuance of the temporary suspension or issuance of a long term unfitness

Insured person’s Licence(s)/Certificate(s)

days of issuance of a "temporarily unfit" assessment issued by the relevant licence issuing authorit

the Date of Loss shall not be deemed to be earlier than the date of receipt by the Underwriters of the same.

7. EXCLUSIONS

Except where specifically stated to the contrary, this Insurance does not cover any

indirectly, wholly or partially, arising out of or consequent upon or contributed to or aggravated by:

7.1. Suicide

suicide or attempted suicide or intentional self

7.2. AIDS

venereal disease or Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related Complex (ARC) howsoever this




revoked or a long term unfitness assessment being issued in respect thereof on medical grounds which in the

of a qualified medical practitioner are beyond hope of improvement and which entails both the following

a) the inability of the Insured person to obtain a renewal of such Licence(s) or Certificate(s) or to obtain


b) the inability of the Insured person to obtain any similar licence or certificate anywhere in

period of 60 months from the date of the issuance of the unfitness assessment or revocation.


withdrawal of any long term unfitness assessment or permanent revocation of the Licence(s)/Certificate(s)


Temporary Total Disablement (Loss of Licence) means the prevention of the Insured person from acti

Licence(s)/Certificate(s) due to the Licence(s)/Certificate(s)

suspended by the licence issuing authority on medical grounds.

Temporary Total Disablement (Loss of Licence) shall also include any period of self-suspension provided it is


means all Licences or Certificates held by the Insured person in connection with his

means the first day that the Insured person is suspended from active duty consequent upon the

of the temporary suspension or issuance of a long term unfitness assessment or permanent revocation of the

Licence(s)/Certificate(s). Suspension must be evidenced by receipt by the Underwriters within 28

issuance of a "temporarily unfit" assessment issued by the relevant licence issuing authorit

shall not be deemed to be earlier than the date of receipt by the Underwriters of the same.

Except where specifically stated to the contrary, this Insurance does not cover any Insured Event

or partially, arising out of or consequent upon or contributed to or aggravated by:

suicide or attempted suicide or intentional self-injury or assault provoked by the Insured person

Immune Deficiency Syndrome (AIDS) or AIDS Related Complex (ARC) howsoever this


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

sment being issued in respect thereof on medical grounds which in the

of a qualified medical practitioner are beyond hope of improvement and which entails both the following

of such Licence(s) or Certificate(s) or to obtain withdrawal


b) the inability of the Insured person to obtain any similar licence or certificate anywhere in the world within a


Licence(s)/Certificate(s).

means the prevention of the Insured person from acting in any

Licence(s)/Certificate(s) being temporarily

suspension provided it is


by the Insured person in connection with his

means the first day that the Insured person is suspended from active duty consequent upon the

assessment or permanent revocation of the

. Suspension must be evidenced by receipt by the Underwriters within 28

issuance of a "temporarily unfit" assessment issued by the relevant licence issuing authority, failing which,


Insured Event directly or


injury or assault provoked by the Insured person;

Immune Deficiency Syndrome (AIDS) or AIDS Related Complex (ARC) howsoever this




syndrome has been acquired or may be named;

7.3. Drugs and Alcohol

(not applicable to Insured Events Error! Reference source not found.

Insured Person being under the influence of alcohol or drugs. Where drugs or alcohol are administered or

by a qualified medical practitioner, the Insured is covered provided that all related advice and warnings are

heeded. Drugs or alcohol administered or prescribed in the context of dependency are, however always

from coverage;

7.4. Pre-Existing Physical Conditions

physical impairment, defect, degenerative process or infirmity existing prior to the inception date of this I

stated in the Schedule;

For the purposes of this exclusion a physical impairment, defect, degenerative process or infirmity exists prior to the

inception date of this Insurance if it has been diagnosed by a qualified medical practitioner prior to

inception date or in the event that it has not been diagnosed then in the opinion of a qualified medical practitioner

the Insured person could reasonably have been expected to be aware of its existence at the inception date of this

Insurance.

7.5. Pre-Existing Mental Conditions

any mental or behavioural disorders known to exist at the inception date of this Insurance stated in the Schedule

diagnosed by a qualified medical practitioner for which medical treatment has been received by an Insured pe

and which is included in the internationally recognised classification system DSM

Manual of Mental Disorders, Fourth Edition, 1994). Such a diagnosis shall imply severe and lasting impairment in

personal performance as indicated by at least one of the following:

a) a limitation in activities of daily living,

b) social functioning,

c) impairment in concentration, memory or other cognitive functioning leading to chronic task under

in terms of aptitude, learning new material, reliable accuracy, endurance and pace of work,

d) deterioration or decompensation in work settings,

e) episodic disorders of mood,

f) disorders of form and control of thought.

7.6. War

war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution,

insurrection, or military or usurped power except where the Insured person is unexpectedly, passively and

innocently





Error! Reference source not found. and Error! Reference source not found.



alcohol administered or prescribed in the context of dependency are, however always

physical impairment, defect, degenerative process or infirmity existing prior to the inception date of this I


inception date of this Insurance if it has been diagnosed by a qualified medical practitioner prior to

date or in the event that it has not been diagnosed then in the opinion of a qualified medical practitioner

person could reasonably have been expected to be aware of its existence at the inception date of this


diagnosed by a qualified medical practitioner for which medical treatment has been received by an Insured pe

which is included in the internationally recognised classification system DSM-IV (the Diagnostic and Statistical

of Mental Disorders, Fourth Edition, 1994). Such a diagnosis shall imply severe and lasting impairment in

as indicated by at least one of the following:



arning new material, reliable accuracy, endurance and pace of work,



hostilities (whether war be declared or not), civil war, rebellion, revolution,



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

Error! Reference source not found.) the

Insured Person being under the influence of alcohol or drugs. Where drugs or alcohol are administered or prescribed

by a qualified medical practitioner, the Insured is covered provided that all related advice and warnings are being

alcohol administered or prescribed in the context of dependency are, however always excluded

physical impairment, defect, degenerative process or infirmity existing prior to the inception date of this Insurance


inception date of this Insurance if it has been diagnosed by a qualified medical practitioner prior to the said

date or in the event that it has not been diagnosed then in the opinion of a qualified medical practitioner

person could reasonably have been expected to be aware of its existence at the inception date of this


diagnosed by a qualified medical practitioner for which medical treatment has been received by an Insured person

IV (the Diagnostic and Statistical

of Mental Disorders, Fourth Edition, 1994). Such a diagnosis shall imply severe and lasting impairment in

c) impairment in concentration, memory or other cognitive functioning leading to chronic task under-performance

hostilities (whether war be declared or not), civil war, rebellion, revolution,





affected by any such event while actually on duty for the

7.7. Radioactivity

radioactive contamination;

7.8. Dangerous Activities

an Insured person engaging in or taking part in

a) naval, military or air force service or operations other than non

part in military or joint military exercises;

b) flying involving the intentional dropping, spraying or release of anything, slung cargo, aerial photography,

firefighting, slash and burn, animal capture and other similarly hazardous activities;

c) winter sports (other than skating or curling);

d) skin diving involving the aid or breathing apparatus, rock climbing or mountaineering normally involving the

of ropes or guides, potholing, hang gliding, parachuting, hunting on horseback, paragliding, bungeejumping,

canyoning, abseiling, ballooning, deep sea fishing, quad biking or driving or riding in any kind of race;

e) driving or riding on motor cycles or motor scooters other than mopeds;

7.9. Deliberate Exposure

deliberate exposure to exceptional danger (except

person’s own criminal act;

7.10. Pregnancy

pregnancy or childbirth;

8. CONDITIONS

8.1. Good Health

It is hereby warranted that all Insured persons are in good health and are not only

are mentally and physically capable of carrying out their normal regular duties associated with the job for which

they are employed at the inception date of this Insurance and have not been absent for more than 10 days in

preceding 3 months.

If an Insured person does not satisfy this condition then cover will not be provided until:

a) The Insured person has returned to work and completed 2 months continuous and active service, or

b) The Insured person has completed a proposal form, satisfactory to the Underwriters, if the Insured wishes to

included in the Insurance earlier.




affected by any such event while actually on duty for the Employer;

an Insured person engaging in or taking part in

a) naval, military or air force service or operations other than non-combatant duties but always excluding taking

litary or joint military exercises;


slash and burn, animal capture and other similarly hazardous activities;

ther than skating or curling);





deliberate exposure to exceptional danger (except in an attempt to save human life or in self-

It is hereby warranted that all Insured persons are in good health and are not only present at their place of work but

mentally and physically capable of carrying out their normal regular duties associated with the job for which

employed at the inception date of this Insurance and have not been absent for more than 10 days in

If an Insured person does not satisfy this condition then cover will not be provided until:-


a proposal form, satisfactory to the Underwriters, if the Insured wishes to


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

combatant duties but always excluding taking


d) skin diving involving the aid or breathing apparatus, rock climbing or mountaineering normally involving the use



-defence) or an Insured

present at their place of work but

mentally and physically capable of carrying out their normal regular duties associated with the job for which

employed at the inception date of this Insurance and have not been absent for more than 10 days in the


a proposal form, satisfactory to the Underwriters, if the Insured wishes to be




If the Insured person elects to complete a proposal form, which is unacceptable to the Underwriters, option a) may

not be chosen subsequently.

8.2. Termination

The Insurance with respect to any Insured person will terminate and cease to have effect upon:

a) the attainment of age 60.

b) the Insured person ceasing to be gainfully employed by the Employer named in the Schedule in the capacity

for which he holds the Licence(s)/Certificate(s)

Reference source not found. of the Schedule.

8.3. Capital Sum Insured Restriction

With respect to Insured Events Error! Reference source no

Capital Sums Insured shall not be deemed to exceed the following multiples under this and / or all other current

Loss of Licence Policies held in the name of any Insured person:

Up to and

Including Capital Sum Insured Restriction

age 29 5.0 times annual earnings from normal profession

30 to 39 4.0 times annual earnings from normal profession


50 the lesser of £90,000 or 2.0 times annu

51 the lesser of £80,000 or 2.0 times annual earnings from normal profession


53 the lesser of £60,000 or 2.0 times annual earnings from



56 to 59

Inclusive the lesser of £20,000 or 1.0 times annual earnings from n

In order to recover the full benefits payable under this Insurance, the Insured person must have notified the

Underwriters of any other loss of licence insurance and the existence of that other insurance must have been noted

and accepted by the Underwriters before a claim arises. If no such prior notification has been given, this Insurance is

deemed to be surplus to all other valid and collectable insurances. Any payment under these circumstances will only

be the difference, if any, between the Capital Sum Insured Restriction, as stated above, and all other valid insurance.

8.4. Fraud

If the Employer commits fraud or attempts to do so in connection with any claim under this Insurance, the Insurance

shall become automatically void ab initio

the right to recover from the Employer any and all claims paid under the Insurance.

If the Insured person commits fraud or attempts to do so in connection with any claim under this I

Insurance shall become automatically void ab initio with respect to that Insured person.





The Insurance with respect to any Insured person will terminate and cease to have effect upon:


Licence(s)/Certificate(s) held at the inception date of this Insurance stated in Item

of the Schedule.

Insured Events Error! Reference source not found. and Error! Reference source not found.


Licence Policies held in the name of any Insured person:-

Capital Sum Insured Restriction

5.0 times annual earnings from normal profession



the lesser of £90,000 or 2.0 times annual earnings from normal profession









by the Underwriters before a claim arises. If no such prior notification has been given, this Insurance is


n the Capital Sum Insured Restriction, as stated above, and all other valid insurance.


shall become automatically void ab initio and any Premium paid shall be forfeited and the Un

right to recover from the Employer any and all claims paid under the Insurance.

If the Insured person commits fraud or attempts to do so in connection with any claim under this I

Insurance shall become automatically void ab initio with respect to that Insured person.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


The Insurance with respect to any Insured person will terminate and cease to have effect upon:-


held at the inception date of this Insurance stated in Item Error!

Error! Reference source not found., the


al earnings from normal profession



normal profession



ormal profession



by the Underwriters before a claim arises. If no such prior notification has been given, this Insurance is


n the Capital Sum Insured Restriction, as stated above, and all other valid insurance.


and any Premium paid shall be forfeited and the Underwriters shall have

If the Insured person commits fraud or attempts to do so in connection with any claim under this Insurance, the




9. CLAIMS PROCEDURES

The Insured person must fully comply with the following procedures, which are conditions precedent to any liability

of the Underwriters to make payment of any amounts under this Insurance.

Upon the happening of an Insured Event

1. Make a claim by notifying the entity named in Item

by registered mail as soon as possible and in any event not later than thirty days after the date of death or the date of

unfitness as a result of sustaining an Accident

details as known to the Insured person and documentary evidence issued by the relevant licence issuing authority.

The date of notification shall be taken as the date upon which the notice was delivered to the entity named in Item

Error! Reference source not found. of the Schedule. Advice of a claim by telephone message is not deemed to be

proper notice of a claim.

2. At the request and expense of the Underwriters, submit to an independent medical examination in the event of an

Accident or illness.

3. Irrevocably authorise the Underwriters:

a) to obtain details of all medical reports and hospital records and obtain information from any physicians,

and hospital authorities concerned with the treatment of or consulted by the Insured person

b) to obtain information from and seek the opinion of the principal medical officer of the Civil Aviation Authority or

any other competent authority or its successors (or other appropriate medical officer appointed for the

the likelihood of the Insured person ever obtaining a restoration of his

the Insured person is unlikely to ever obtain such restoration the

in favour of the Insured person.

4. Sign all authorisations required by the Underwriters for these purposes, on written demand by the Underwriters

make a statutory declaration as to any facts relating to the claim and complete the Underwriters' standard c

questionnaire on request.

5. Notify the Underwriters immediately if any action against a third party relating to the Insured person’s

Licence(s)/Certificate(s) is planned or contemplated.

6. Notify the Underwriters immediately upon becoming aware of

proceedings likely to affect this Insurance and give all possible assistance and information to lawyers appointed by

the Underwriters as they may reasonably require.

7. Furnish the Underwriters with satisfactory proof of:

a) the happening of the event on which the Sum Insured will become payable

b) any other information that the Underwriters may require.





ters to make payment of any amounts under this Insurance.

Insured Event, the Insured person and/or his Legal Personal Representatives must:

1. Make a claim by notifying the entity named in Item Error! Reference source not found. o

registered mail as soon as possible and in any event not later than thirty days after the date of death or the date of

Accident or the manifestation of illness. Such notification shall inc

as known to the Insured person and documentary evidence issued by the relevant licence issuing authority.

of notification shall be taken as the date upon which the notice was delivered to the entity named in Item

of the Schedule. Advice of a claim by telephone message is not deemed to be


3. Irrevocably authorise the Underwriters:-


and hospital authorities concerned with the treatment of or consulted by the Insured person;



the likelihood of the Insured person ever obtaining a restoration of his Licence(s)/ Certificate(s)

the Insured person is unlikely to ever obtain such restoration the Underwriters will accept that opinion as evidence


statutory declaration as to any facts relating to the claim and complete the Underwriters' standard c


is planned or contemplated.

6. Notify the Underwriters immediately upon becoming aware of any investigation, Court of Enquiry or similar

likely to affect this Insurance and give all possible assistance and information to lawyers appointed by

as they may reasonably require.

satisfactory proof of:




400078. Tel.: +91 22 6638 3600 | Fax: 91 22


, the Insured person and/or his Legal Personal Representatives must:

f the Schedule in writing

registered mail as soon as possible and in any event not later than thirty days after the date of death or the date of

or the manifestation of illness. Such notification shall include all

as known to the Insured person and documentary evidence issued by the relevant licence issuing authority.


of the Schedule. Advice of a claim by telephone message is not deemed to be


a) to obtain details of all medical reports and hospital records and obtain information from any physicians, surgeons

;


any other competent authority or its successors (or other appropriate medical officer appointed for the purpose) as to

Certificate(s). If the opinion is that

Underwriters will accept that opinion as evidence


statutory declaration as to any facts relating to the claim and complete the Underwriters' standard claim


any investigation, Court of Enquiry or similar





The receipt by the Underwriters of a release from the Insured person or any other duly authorised

shall constitute an absolute discharge to the Underwriters in respect of payments made under this Insurance.

10. ARBITRATION

The Underwriters reserve the right to refer all unfitness assessments to their own medical advisers. In addition,

Insured person may be required to undergo an examination by a qualified medical practitioner experienced in the

medical examination of flying personnel.

The Underwriters also reserve the right to request the Insured person to undergo reasonable medica

investigations at the expense of the Underwriters if, in the opinion of the Underwriters and their medical advisers,

such treatment and/or investigations would probably result in the restoration of the Insured person's

Certificate(s).

Should the Insured person wish to dispute the decision of the Underwriters or their medical advisers or qualified

medical practitioner the matter will be referred for arbitration to the Dean of the Faculty of Occupational Medicine of

the Royal College of Physicians in London, England. The Dean will appoint one person to act as referee from a panel

of qualified medical practitioners experienced in the examination of flying personnel and in the relevant branch of

medicine, such panel to be agreed between the Underwriters and the Insured person.

The decision of the Dean and the referee shall be final and binding on all parties.

The costs of examination and arbitration will be borne by the Underwriters

Insured Person Date of Birth




The receipt by the Underwriters of a release from the Insured person or any other duly authorised

constitute an absolute discharge to the Underwriters in respect of payments made under this Insurance.

The Underwriters reserve the right to refer all unfitness assessments to their own medical advisers. In addition,

person may be required to undergo an examination by a qualified medical practitioner experienced in the

of flying personnel.

The Underwriters also reserve the right to request the Insured person to undergo reasonable medica


treatment and/or investigations would probably result in the restoration of the Insured person's


practitioner the matter will be referred for arbitration to the Dean of the Faculty of Occupational Medicine of

of Physicians in London, England. The Dean will appoint one person to act as referee from a panel

practitioners experienced in the examination of flying personnel and in the relevant branch of

between the Underwriters and the Insured person.


The costs of examination and arbitration will be borne by the Underwriters.

SCHEDULE OF INSURED PERSONS

Date of Birth Licences held,

Type and Number


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

The receipt by the Underwriters of a release from the Insured person or any other duly authorised representative


The Underwriters reserve the right to refer all unfitness assessments to their own medical advisers. In addition, the

person may be required to undergo an examination by a qualified medical practitioner experienced in the

The Underwriters also reserve the right to request the Insured person to undergo reasonable medical treatment and


treatment and/or investigations would probably result in the restoration of the Insured person's Licence(s)/


practitioner the matter will be referred for arbitration to the Dean of the Faculty of Occupational Medicine of

of Physicians in London, England. The Dean will appoint one person to act as referee from a panel





SECTION IX – AVIATION

11. ABOUT THIS INSURANCE

1.5. Legal Contract

This Insurance is a legal contract. This Insurance and any Endorsements are to be read as a complete


the Underwriters or their authorised representatives. Such written changes form a part of this Insurance. The

interests and duties of the parties to this Insurance are not assignable.

1.6. Interpretation


they appear in this Insurance. Where permitted by the context the mas

singular shall include the plural and the plural the singular.

1.7. Applicable Law

Prior to the inception date of this Insurance stated in Item

Insured and the Underwriters are free to agree upon the law applicable to this Insurance and unless otherwise


jurisdiction of the English courts.

1.8. Waivers


subject to full information being received and any special conditions or additional premium as may be imposed or

requested. Subject otherwise to all the terms and conditions of this Insurance. No waiver will be operative unless

signified by an endorsement signed by the Underwriters or their authorised representative and attached to this

Insurance. Advice to Underwriters of any c

any previous policy shall not consititute an acceptance by them of the same under this Insurance unless endorsed

hereon as aforesaid.

12. DUTIES OF THE INSURED

2.10. To pay the Premium stated in Item

of the inception date of this Insurance stated in Item

the Insured to comply with this condition will result in the automatic voiding of the Insurance ab initio.


assessment of the risk involved prior to the inception date

limited to an exact description of all Licence(s) and Certificate(s) held. Failure of the Insured to comply with this

condition will give the Underwriters the option to either consider the Insura

reasonable additional premium or make reasonable alterations to the terms and conditions of the Insurance.




AVIATION INSURANCE - INDIVIDUAL AIRCREW LOSS

OF LICENCE

This Insurance is a legal contract. This Insurance and any Endorsements are to be read as a complete



of the parties to this Insurance are not assignable.


appear in this Insurance. Where permitted by the context the masculine gender shall include the feminine, the

shall include the plural and the plural the singular.

Prior to the inception date of this Insurance stated in Item Error! Reference source not found.

nd the Underwriters are free to agree upon the law applicable to this Insurance and unless otherwise




ubject otherwise to all the terms and conditions of this Insurance. No waiver will be operative unless


Insurance. Advice to Underwriters of any circumstance, accident or illness or physical or medical condition under

previous policy shall not consititute an acceptance by them of the same under this Insurance unless endorsed

2.10. To pay the Premium stated in Item Error! Reference source not found. of the Schedule within thirty (30) days

inception date of this Insurance stated in Item Error! Reference source not found. of the Schedule. Failure of

ith this condition will result in the automatic voiding of the Insurance ab initio.



description of all Licence(s) and Certificate(s) held. Failure of the Insured to comply with this

Underwriters the option to either consider the Insurance void ab initio or to charge a

make reasonable alterations to the terms and conditions of the Insurance.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

INDIVIDUAL AIRCREW LOSS

This Insurance is a legal contract. This Insurance and any Endorsements are to be read as a complete document. No




culine gender shall include the feminine, the

Error! Reference source not found. of the Schedule, the

nd the Underwriters are free to agree upon the law applicable to this Insurance and unless otherwise




ubject otherwise to all the terms and conditions of this Insurance. No waiver will be operative unless


ircumstance, accident or illness or physical or medical condition under

previous policy shall not consititute an acceptance by them of the same under this Insurance unless endorsed

of the Schedule within thirty (30) days

of the Schedule. Failure of

ith this condition will result in the automatic voiding of the Insurance ab initio.


of this Insurance stated in the Schedule, including but not

description of all Licence(s) and Certificate(s) held. Failure of the Insured to comply with this

nce void ab initio or to charge a

make reasonable alterations to the terms and conditions of the Insurance.





Insured Event. Failure of the Insured to comply with this condition will give the Underwriters the right to refuse to

pay any claim which may result from or be affected by or connected with the failure.

2.13. The Insured must advise the Underwriters of any

authority or any other authority having jurisdiction over the

authority. Failure of the Insured to comply with this condition will give the Underwrite

any claim under Insured Events Error! Reference source not found.

effective date of such changes in medical standards whether or not the claim was in any way related to such chan

2.14. The Insured must advise the Underwriters of any additional

of this Insurance and any changes to the type or number of the

at the inception date of this Insurance stated in Item

the Insured to comply with this condition will give the Underwriters the right to refuse to pay any claim under

Insured Events Error! Reference source not

such changes.

13. INSURING AGREEMENTS

4.5. In consideration of the fulfilment of the Duties described in Section 2. of this Insurance, the Underwriters named

in Item Error! Reference source not found.

4.6. The Underwriters will for each Insured pay to the Insured the amount of the compensation stated in Item

Reference source not found. of the Schedule upon the happening

and conditions of this Insurance.

4.7. Compensation will be paid for only one

source not found., Permanent Total Disablement (Loss of

Reference source not found., Temporary Total Disablement (Loss of Licence)

compensation paid under any of Insured Event Error! Reference source not found.

amount payable under any of Insured Events Error! Reference source not found.

any previous insurance of which this Insurance is a renewal.

4.8. The Insurance does not apply to any person having any medical restr

specifically noted in the Schedule or otherwise endorsed on this Insurance in wri

Underwriters or their authorised representative.

14. SPECIAL LIMITATIONS AND CONDITIONS IN RESPECT OF CE


No payment will be made should the Insured die within 12 months of the issuance of the long term unfitness

assessment or permanent revocation by the licence issuing authority. The Underwriters shall not be obliged to settle





. Failure of the Insured to comply with this condition will give the Underwriters the right to refuse to

which may result from or be affected by or connected with the failure.

2.13. The Insured must advise the Underwriters of any changes in the medical standards of the licence issuing

any other authority having jurisdiction over the Licence(s)/Certificate(s), including governmental

the Insured to comply with this condition will give the Underwriters the right to refuse to pay

Events Error! Reference source not found. or Error! Reference source not found.

changes in medical standards whether or not the claim was in any way related to such chan

2.14. The Insured must advise the Underwriters of any additional Licence(s)/Certificate(s) gained during the period

Insurance and any changes to the type or number of the Licence(s)/Certificate(s) stated in the Schedule held

date of this Insurance stated in Item Error! Reference source not found. of the Schedule. Failure of

Insured to comply with this condition will give the Underwriters the right to refuse to pay any claim under

Events Error! Reference source not found. or Error! Reference source not found. after the effective date of


Error! Reference source not found. of the Schedule hereby agree as follows.

4.6. The Underwriters will for each Insured pay to the Insured the amount of the compensation stated in Item

of the Schedule upon the happening of an Insured Event subject always to all the

4.7. Compensation will be paid for only one Insured Event except where any of Insured Event Error! Reference

Permanent Total Disablement (Loss of Licence), follows on from any of

Temporary Total Disablement (Loss of Licence), in which case the amount of any

Insured Event Error! Reference source not found. will be deduct

Insured Events Error! Reference source not found. whether under this Insurance or

any previous insurance of which this Insurance is a renewal.

4.8. The Insurance does not apply to any person having any medical restriction to his Licence(s)/Certificate(s)

specifically noted in the Schedule or otherwise endorsed on this Insurance in writing and signed by the

their authorised representative.


Error! Reference source not found., Permanent Total Disablement (Loss of Licence)


permanent revocation by the licence issuing authority. The Underwriters shall not be obliged to settle


400078. Tel.: +91 22 6638 3600 | Fax: 91 22


. Failure of the Insured to comply with this condition will give the Underwriters the right to refuse to

changes in the medical standards of the licence issuing

, including governmental

rs the right to refuse to pay

Error! Reference source not found. after the

changes in medical standards whether or not the claim was in any way related to such changes.

gained during the period

stated in the Schedule held

of the Schedule. Failure of

Insured to comply with this condition will give the Underwriters the right to refuse to pay any claim under

after the effective date of


4.6. The Underwriters will for each Insured pay to the Insured the amount of the compensation stated in Item Error!

subject always to all the terms

Insured Event Error! Reference

, follows on from any of Insured Event Error!

, in which case the amount of any

will be deducted from the

whether under this Insurance or

Licence(s)/Certificate(s) unless

ting and signed by the

RTAIN INSURED EVENTS

, Permanent Total Disablement (Loss of Licence)


permanent revocation by the licence issuing authority. The Underwriters shall not be obliged to settle




any claim until 180 days after the Date of Loss

whichever occurs last nor before all enquirie


if in their opinion it is not unlikely that the Licence(s)/ Certific

and/or similar Licence(s)/ Certificate(s)

Loss.

No payment will be made unless the issuance of the long term unfitness assessment or

licence issuing authority occurs within 12 months of the date of the

Undiagnosed Illness was reported to a qualified medical practitioner, as the case may be except in the

circumstances:

a) where the Underwriters have accepted the existence of the pre


issuing authority consequent upon such condition occurs during the period of Insurance;


follows immediately upon any of Insured Event


Substances Illness

Compensation will only be payable if the Insured within ninety days from the date of the diagnosis enters


satisfaction of the Underwriters that he is participating and co

programme.

The cost of participation in the programme will be deducted from the compensation payable. Provided always that

the Underwriters shall not be liable to pay more in total than the relevant amount of the compensation stated in the

Schedule.


Undiagnosed Illness

Compensation is payable at the entire discretion of the Underwriters, without any right of recourse of the Insured

under the Arbitration clause contained herein or to an



Where the Underwriters have accepted the existence of a pre

to pay under this Insurance and any previous policy or policies combined for more than the total Benefit Period




Date of Loss or the date the Insured makes a claim under this Insurance,

occurs last nor before all enquiries relating to the claim have been completed by the Underwriters. The

may at their option settle the claim in yearly instalments and require proof of the continuing disability

is not unlikely that the Licence(s)/ Certificate(s) will be restored or the revocation cancelled

Certificate(s) may be obtained anywhere in the world within five years of the


licence issuing authority occurs within 12 months of the date of the Accident or the date illness manifested itself or

was reported to a qualified medical practitioner, as the case may be except in the

a) where the Underwriters have accepted the existence of the pre-existing condition, and in such case no


authority consequent upon such condition occurs during the period of Insurance;




Compensation will only be payable if the Insured within ninety days from the date of the diagnosis enters


satisfaction of the Underwriters that he is participating and co-operating in all aspects of such rehabilitation

ion in the programme will be deducted from the compensation payable. Provided always that


urce not found., Permanent Total Disablement (Loss of Licence) by


the Arbitration clause contained herein or to any court having jurisdiction.

Error! Reference source not found., Temporary Total Disablement (Loss of Licence)


accepted the existence of a pre-existing condition, the Underwriters shall not be liable



400078. Tel.: +91 22 6638 3600 | Fax: 91 22

s a claim under this Insurance,

s relating to the claim have been completed by the Underwriters. The

may at their option settle the claim in yearly instalments and require proof of the continuing disability

ate(s) will be restored or the revocation cancelled

may be obtained anywhere in the world within five years of the Date of

permanent revocation by the

or the date illness manifested itself or


existing condition, and in such case no payment

will be made unless the issuance of the long term unfitness assessment or permanent revocation by the licence

b) where the issuance of the long term unfitness assessment or permanent revocation by the licence issuing authority


Compensation will only be payable if the Insured within ninety days from the date of the diagnosis enters a


operating in all aspects of such rehabilitation

ion in the programme will be deducted from the compensation payable. Provided always that




, Temporary Total Disablement (Loss of Licence)

existing condition, the Underwriters shall not be liable





stated in Item Error! Reference source not found.

conditions.


medical practitioner. Evidence of the continuance of disability shal



compensation is paid shall terminate upon

a) the cancellation or expiry of the temporary unfitness assessment by the licence issuing authority, whether or

not the Insured decides to return to normal duties,

b) the issuance of a long term unfitness assessment or permanent revocation by the licence issuin

c) the expiry of the Benefit Period

whichever shall occur first.


No payment will be made unless the issuance of the temporary unfitn

occurs within 12 months of the date of the

reported to a qualified medical practitioner, as the case may be except where the Underwrit

existence of a pre-existing condition and in such case no payment will be made unless the consequent issuance of the


15. DEFINITIONS

11. Insured Event

Insured Event means any of the events specified as such in Item

12. by Accident

by Accident means

a) by reason of or on the sole grounds of the Insured having sustained

resulting from or medical or surgical treatment rendered necessary by such injury AND

b) where such injury is caused by an Accident

AND




Error! Reference source not found. of the Schedule in respect of any one medical condition or set of


medical practitioner. Evidence of the continuance of disability shall be provided to the Underwriters as a condition



is paid shall terminate upon


not the Insured decides to return to normal duties,

b) the issuance of a long term unfitness assessment or permanent revocation by the licence issuin


No payment will be made unless the issuance of the temporary unfitness assessment by the licence issuing authority

occurs within 12 months of the date of the Accident or the date illness manifested itself or Undiagnosed Illness

reported to a qualified medical practitioner, as the case may be except where the Underwrit



means any of the events specified as such in Item Error! Reference source not found.

a) by reason of or on the sole grounds of the Insured having sustained identifiable physical injury or illness

resulting from or medical or surgical treatment rendered necessary by such injury AND

Accident in a manner which is violent, unforeseen, external and visible


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

e Schedule in respect of any one medical condition or set of


l be provided to the Underwriters as a condition



b) the issuance of a long term unfitness assessment or permanent revocation by the licence issuing authority or


ess assessment by the licence issuing authority

Undiagnosed Illness was

reported to a qualified medical practitioner, as the case may be except where the Underwriters have accepted the



Error! Reference source not found. of the Schedule.

identifiable physical injury or illness directly

in a manner which is violent, unforeseen, external and visible




c) where such injury occurs during the period of Insurance specified in Item

the Schedule.

13. Accident

Accident means a sudden, unexpected, unusual, specific event which occurs at an identifiable time and place, but

shall also include exposure to the elements resulting from such an event.

14. by General Illness

by General Illness means on the sole grounds that the Insured has sustained an illness which manifests itself during

the period of Insurance stated in Item Error!

falling within the terms of Definition 5., Substances Illness

itself the direct consequence of identifiable physical injury ca

15. by Substances Illness

by Substances Illness means on the sole grounds that the Insured has sustained an illness which manifests itself

during the period of Insurance stated in Item


16. by Undiagnosed Illness

by Undiagnosed Illness means on the sole grounds that the Insured has sustained a set of physical or mental


Reference source not found. of the Schedule and which is not detectable or diagnosable as an illness.

17. Permanent Total Disablement (Loss

Permanent Total Disablement (Loss of Licence)

which any Licence(s)/Certificate(s) are held due to all such

long term unfitness assessment being issued in respect thereof on medical grounds which in the opinion of a

qualified medical practitioner are beyond hope of improvement and which entails both the following consequences:

a) the inability of the Insured to obtain a

unfitness assessment or revocation within a period of 60 months from the date of the same;

b) the inability of the Insured to obtain any similar licence or certificate anywhere in

months from the date of the issuance of the unfitness assessment or revocation.

Provided that nothing in this Definition shall impose any obligation on the part of the Insured to seek the

withdrawal of any long term unfitness assessment or permanent revocation of the



for which he holds a Licence(s)/Certificate(s)

the licence issuing authority on medical grounds.




ere such injury occurs during the period of Insurance specified in Item Error! Reference source not


also include exposure to the elements resulting from such an event.

means on the sole grounds that the Insured has sustained an illness which manifests itself during

Error! Reference source not found. of the Schedule and which is not an illness

Substances Illness or Definition 6., Undiagnosed Illness

itself the direct consequence of identifiable physical injury caused by an Accident.

means on the sole grounds that the Insured has sustained an illness which manifests itself

during the period of Insurance stated in Item Error! Reference source not found. of the Schedul

consequent upon the influence of alcohol, drugs or narcotics.

means on the sole grounds that the Insured has sustained a set of physical or mental




Permanent Total Disablement (Loss of Licence) means the prevention of the Insured from acting in any capacity for

are held due to all such Licence(s)/Certificate(s) being permanently revoked or a

fitness assessment being issued in respect thereof on medical grounds which in the opinion of a

medical practitioner are beyond hope of improvement and which entails both the following consequences:

a) the inability of the Insured to obtain a renewal of such Licence(s) or Certificate(s) or to obtain withdrawal of the

unfitness assessment or revocation within a period of 60 months from the date of the same;

b) the inability of the Insured to obtain any similar licence or certificate anywhere in the world within a period of

months from the date of the issuance of the unfitness assessment or revocation.


any long term unfitness assessment or permanent revocation of the Licence(s)/Certificate(s)


Temporary Total Disablement (Loss of Licence) means the prevention of the Insured from acting in any capacity

Licence(s)/Certificate(s) due to the Licence(s)/Certificate(s) being temporarily suspended by

licence issuing authority on medical grounds.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

Error! Reference source not found. of


means on the sole grounds that the Insured has sustained an illness which manifests itself during

of the Schedule and which is not an illness

Undiagnosed Illness and which is not in

means on the sole grounds that the Insured has sustained an illness which manifests itself

of the Schedule directly or

means on the sole grounds that the Insured has sustained a set of physical or mental

symptoms which is advised to a qualified medical practitioner during the period of Insurance stated in Item Error!


means the prevention of the Insured from acting in any capacity for

being permanently revoked or a

fitness assessment being issued in respect thereof on medical grounds which in the opinion of a

medical practitioner are beyond hope of improvement and which entails both the following consequences:

renewal of such Licence(s) or Certificate(s) or to obtain withdrawal of the

the world within a period of 60


Licence(s)/Certificate(s).

means the prevention of the Insured from acting in any capacity

being temporarily suspended by






authority

19. Licence(s)/Certificate(s)

Licence(s)/Certificate(s) means all Licences or Certificates held by the Insured in conn

20. Date of Loss

Date of Loss means the first day that the Insured is suspended from active duty consequent upon the issuance of the

temporary suspension or issuance of a long term unfitness assessment or permanent revocation o

Licence(s)/Certificate(s). Suspension must be evidenced by receipt by the Underwriters within 28 days of issuance of

a "temporarily unfit" assessment issued by the relevant licence issuing authority, failing which, the


16. EXCLUSIONS

Except where specifically stated to the contrary, this Insurance does not cover any

indirectly, wholly or partially, arising out

7.11. Suicide

suicide or attempted suicide or intentional self

7.12. AIDS

venereal disease or Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related


7.13. Drugs and Alcohol

(not applicable to Insured Events Error! Reference source not found.

Insured Person being under the influence of


heeded. Drugs or alcohol administered or prescribed in the context

from coverage;

7.14. Pre-Existing Physical Conditions


stated in the Schedule; For the purposes

infirmity exists prior to the inception date of this Insurance if it has been diagnosed by a qualified medical

practitioner prior to the said inception date or in the event that it h

qualified medical practitioner the Insured

inception date of this Insurance.

7.15. Pre-Existing Mental Conditions





Temporary Total Disablement (Loss of Licence) shall also include any period of self-suspensi


means all Licences or Certificates held by the Insured in connection with his occupation.

means the first day that the Insured is suspended from active duty consequent upon the issuance of the

temporary suspension or issuance of a long term unfitness assessment or permanent revocation o

. Suspension must be evidenced by receipt by the Underwriters within 28 days of issuance of

a "temporarily unfit" assessment issued by the relevant licence issuing authority, failing which, the

not be deemed to be earlier than the date of receipt by the Underwriters of the same.

Except where specifically stated to the contrary, this Insurance does not cover any Insured Event


suicide or attempted suicide or intentional self-injury or assault provoked by the Insured;

venereal disease or Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related Complex (ARC) howsoever this


Error! Reference source not found. and Error! Reference source not found.



heeded. Drugs or alcohol administered or prescribed in the context of dependency are, however always


For the purposes of this exclusion a physical impairment, defect, degenerative process or

inception date of this Insurance if it has been diagnosed by a qualified medical

date or in the event that it has not been diagnosed then in the opinion of a

qualified medical practitioner the Insured could reasonably have been expected to be aware of its existence at the

ral disorders known to exist at the inception date of this Insurance stated in the Schedule


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

suspension provided it is


ection with his occupation.

means the first day that the Insured is suspended from active duty consequent upon the issuance of the

temporary suspension or issuance of a long term unfitness assessment or permanent revocation of the Insured's

. Suspension must be evidenced by receipt by the Underwriters within 28 days of issuance of

a "temporarily unfit" assessment issued by the relevant licence issuing authority, failing which, the Date of Loss

Insured Event directly or

of or consequent upon or contributed to or aggravated by:

Complex (ARC) howsoever this

Error! Reference source not found.) the

alcohol or drugs. Where drugs or alcohol are administered or prescribed

by a qualified medical practitioner, the Insured is covered provided that all related advice and warnings are being

of dependency are, however always excluded


of this exclusion a physical impairment, defect, degenerative process or

inception date of this Insurance if it has been diagnosed by a qualified medical

as not been diagnosed then in the opinion of a

could reasonably have been expected to be aware of its existence at the

ral disorders known to exist at the inception date of this Insurance stated in the Schedule




diagnosed by a qualified medical practitioner for which medical treatment has been received by the Insured and

which is included in the internationally recognised c

Manual of Mental Disorders, Fourth Edition, 1994). Such a diagnosis shall imply severe and lasting impairment in

personal performance as indicated by at least one of the following:


b) social functioning,


terms of aptitude, learning new material, reliable accuracy, endurance and pace of w


e) episodic disorders of mood,


7.16. War

war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion,

insurrection, or military or usurped power except where the Insured is unexpectedly, passively and innocently

affected by any such event while actually on duty for the Employer;

7.17. Radioactivity

radioactive contamination;

7.18. Dangerous Activities

the Insured engaging in or taking part in

a) naval, military or air force service or operations other than non


b) flying involving the intentional dropp

firefighting, slash and burn, animal capture and other similarly hazardous activities;


d) skin diving involving the aid or breathing


canyoning, abseiling, ballooning, deep sea fishing, quad biking or driving or


7.19. Deliberate Exposure





is included in the internationally recognised classification system DSM-IV (the Diagnostic and Statistical

Mental Disorders, Fourth Edition, 1994). Such a diagnosis shall imply severe and lasting impairment in

performance as indicated by at least one of the following:

in activities of daily living,


terms of aptitude, learning new material, reliable accuracy, endurance and pace of work,



war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion,


by any such event while actually on duty for the Employer;

the Insured engaging in or taking part in

a) naval, military or air force service or operations other than non-combatant duties but always excluding taking



slash and burn, animal capture and other similarly hazardous activities;







400078. Tel.: +91 22 6638 3600 | Fax: 91 22


IV (the Diagnostic and Statistical

Mental Disorders, Fourth Edition, 1994). Such a diagnosis shall imply severe and lasting impairment in

c) impairment in concentration, memory or other cognitive functioning leading to chronic task under-performance in

war, invasion, acts of foreign enemies, hostilities (whether war be declared or not), civil war, rebellion, revolution,


combatant duties but always excluding taking

ing, spraying or release of anything, slung cargo, aerial photography,

apparatus, rock climbing or mountaineering normally involving the use


riding in any kind of race;




deliberate exposure to exceptional danger (except in an attempt to save human life or in self

own criminal act;

7.20. Pregnancy

pregnancy or childbirth;

17. CONDITIONS

8.5. Good Health

It is hereby warranted that the Insured is in good health and is not only present at his place of work but is mentally

and physically capable of carrying out his normal

the inception date of this Insurance and has not been absent for more than 10 days in the preceding 3 months.

If the Insured does not satisfy this condition then cover will not be provided

a) The Insured has returned to work and completed 2 months continuous and active service, or

b) The Insured has completed a proposal form, satisfactory to the Underwriters, if the Insured wishes to be

in the Insurance earlier.

If the Insured elects to complete a proposal form, which is unacceptable to the Underwriters, option a) may not be

chosen subsequently.

8.6. Termination

The Insurance will terminate and cease to have effect upon the Insured:

a) attaining age 60.

b) ceasing to be gainfully employed in the capacity for which he holds the

inception date of this Insurance stated in Item

8.7. Capital Sum Insured Restriction

With respect to Insured Events Error! Reference source not found.


Loss of Licence Policies held in the name of the In

Up to and

Including Capital Sum Insured Restriction

age 29 5.0 times annual earnings from normal profession









deliberate exposure to exceptional danger (except in an attempt to save human life or in self-


physically capable of carrying out his normal regular duties associated with the job for which he is employed at

inception date of this Insurance and has not been absent for more than 10 days in the preceding 3 months.

If the Insured does not satisfy this condition then cover will not be provided until:-


b) The Insured has completed a proposal form, satisfactory to the Underwriters, if the Insured wishes to be

Insured elects to complete a proposal form, which is unacceptable to the Underwriters, option a) may not be

The Insurance will terminate and cease to have effect upon the Insured:-

be gainfully employed in the capacity for which he holds the Licence(s)/Certificate(s)

inception date of this Insurance stated in Item Error! Reference source not found. of the Schedule.

sured Events Error! Reference source not found. and Error! Reference source not found.


Licence Policies held in the name of the Insured:-

Capital Sum Insured Restriction




lesser of £90,000 or 2.0 times annual earnings from normal profession




400078. Tel.: +91 22 6638 3600 | Fax: 91 22

-defence) or an Insured's


regular duties associated with the job for which he is employed at

inception date of this Insurance and has not been absent for more than 10 days in the preceding 3 months.


b) The Insured has completed a proposal form, satisfactory to the Underwriters, if the Insured wishes to be included

Insured elects to complete a proposal form, which is unacceptable to the Underwriters, option a) may not be

Licence(s)/Certificate(s) held at the

of the Schedule.

Error! Reference source not found., the


lesser of £90,000 or 2.0 times annual earnings from normal profession






53 the lesser of £60,000



56 to 59

Inclusive the lesser of £20,000 o

In order to recover the full benefits payable under this Insurance, the Insured must have notified the Underwriters of

any other loss of licence insurance and the existence of that other insurance must ha

the Underwriters before a claim arises. If no such prior notification has been given, this Insurance is deemed to be

surplus to all other valid and collectable insurances. Any payment under these circumstances will only be the

difference, if any, between the Capital Sum Insured Restriction, as stated above, and all other valid insurance.

8.8. Fraud

If the Insured commits fraud or attempts to do so in connection with any claim unde

shall become automatically void ab initio.

18. CLAIMS PROCEDURES

The Insured must fully comply with the following procedures, which are conditions precedent to any liability of the

Underwriters to make payment of any amounts under this Insurance.

Upon the happening of an Insured Event

1. Make a claim by notifying the entity named in Item

by registered mail as soon as possible and in any event not later than thirty days after the date of death or the date of

unfitness as a result of sustaining an Accident

details as known to the Insured and documentary evidence


Reference source not found. of the Schedule. Advice of a claim by telephone messag

notice of a claim.


Accident or illness.

3. Irrevocably authorise the Underwriters:


and hospital authorities concerned with the treatment of or consulted by the Insured;

b) to obtain information from and seek the opinion of the principal medical


the likelihood of the Insured ever obtaining a restoration of his

Insured is unlikely to ever obtain such restoration the Underwriters will accept that opinion

the Insured.









any other loss of licence insurance and the existence of that other insurance must have been noted and accepted by




If the Insured commits fraud or attempts to do so in connection with any claim under this Insurance, the Insurance

tomatically void ab initio.


to make payment of any amounts under this Insurance.

Insured Event, the Insured and/or his Legal Personal Representatives must:

1. Make a claim by notifying the entity named in Item Error! Reference source not found. of the Schedule in writing

and in any event not later than thirty days after the date of death or the date of

Accident or the manifestation of illness. Such notification shall include all

as known to the Insured and documentary evidence issued by the relevant licence issuing authority. The date

notification shall be taken as the date upon which the notice was delivered to the entity named in Item

of the Schedule. Advice of a claim by telephone message is not deemed to be proper


3. Irrevocably authorise the Underwriters:-

ll medical reports and hospital records and obtain information from any physicians,

and hospital authorities concerned with the treatment of or consulted by the Insured;



the likelihood of the Insured ever obtaining a restoration of his Licence(s)/ Certificate(s). If the

Insured is unlikely to ever obtain such restoration the Underwriters will accept that opinion


400078. Tel.: +91 22 6638 3600 | Fax: 91 22

or 2.0 times annual earnings from normal profession



r 1.0 times annual earnings from normal profession


ve been noted and accepted by




r this Insurance, the Insurance


, the Insured and/or his Legal Personal Representatives must:

of the Schedule in writing

and in any event not later than thirty days after the date of death or the date of

or the manifestation of illness. Such notification shall include all

issued by the relevant licence issuing authority. The date

notification shall be taken as the date upon which the notice was delivered to the entity named in Item Error!

e is not deemed to be proper


ll medical reports and hospital records and obtain information from any physicians, surgeons

officer of the Civil Aviation Authority or

any other competent authority or its successors (or other appropriate medical officer appointed for the purpose) as to

If the opinion is that the

Insured is unlikely to ever obtain such restoration the Underwriters will accept that opinion as evidence in favour of




4. Sign all authorisations required by the Underwriters for these purposes, on written demand by

make a statutory declaration as to any facts relating to the claim and complete the Underwriters' standard claim

questionnaire on request.

5. Notify the Underwriters immediately if any action against a third party relating to the Insured

Licence(s)/Certificate(s) is planned or contemplated.


proceedings likely to affect this Insurance and give all possible assistance and informat

the Underwriters as they may reasonably require.



b) any other information that the Underwriter

The receipt by the Underwriters of a release from the Insured or any other duly authorised representative shall


19. ARBITRATION

The Underwriters reserve the right to refer all unfitness assessments to their own medical advisers. In addition, the

Insured may be required to undergo an examination by a qualified medical practitioner experienced in the medical

examination of flying personnel.

The Underwriters also reserve the right to request the Insured to undergo reasonable medical treatment and


such treatment and/or investigations would probably result in the restoration of the Insured's

Certificate(s).

Should the Insured wish to dispute the decision of the Underwriters or their medical advisers or qualified medical

practitioner the matter will be referred for

Royal College of Physicians in London, England. The Dean will appoint one person to act as referee from a panel of

qualified medical practitioners experienced in the examination of fly

medicine, such panel to be agreed between the Underwriters and the Insured.


The costs of examination and arbitration will be b




4. Sign all authorisations required by the Underwriters for these purposes, on written demand by


5. Notify the Underwriters immediately if any action against a third party relating to the Insured

is planned or contemplated.



as they may reasonably require.





absolute discharge to the Underwriters in respect of payments made under this Insurance.

Underwriters reserve the right to refer all unfitness assessments to their own medical advisers. In addition, the

may be required to undergo an examination by a qualified medical practitioner experienced in the medical


the expense of the Underwriters if, in the opinion of the Underwriters and their medical advisers,

tigations would probably result in the restoration of the Insured's


the matter will be referred for arbitration to the Dean of the Faculty of Occupational Medicine of the

Physicians in London, England. The Dean will appoint one person to act as referee from a panel of


agreed between the Underwriters and the Insured.


The costs of examination and arbitration will be borne by the Underwriters.


400078. Tel.: +91 22 6638 3600 | Fax: 91 22



5. Notify the Underwriters immediately if any action against a third party relating to the Insured's


ion to lawyers appointed by


absolute discharge to the Underwriters in respect of payments made under this Insurance.

Underwriters reserve the right to refer all unfitness assessments to their own medical advisers. In addition, the

may be required to undergo an examination by a qualified medical practitioner experienced in the medical


the expense of the Underwriters if, in the opinion of the Underwriters and their medical advisers,

tigations would probably result in the restoration of the Insured's Licence(s)/


arbitration to the Dean of the Faculty of Occupational Medicine of the

Physicians in London, England. The Dean will appoint one person to act as referee from a panel of

ing personnel and in the relevant branch of

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