Concealed Damage Clause (Marine)


 Marine Concealed Damage Clause
It is agreed that any loss or damage discovered on opening containers, cases and/or packages shall be deemed to have occurred during the transit insured hereunder (and irrespective of attachment of Assured’s interest) and shall be paid for accordingly unless proof conclusive to the contrary be established, it being understood that any containers, cases and/or packages showing signs of damage are to be opened immediately on the cessation of risk hereunder.

This agreement shall, however, only apply where such loss or damage is discovered within 30 days of the cessation of risk hereunder.

It is further agreed that subject to prompt advice to Underwriters and the payment of an additional premium, if required, the above-mentioned period may be extended.
strikes-cancellation-clause-marine