Insurance reference sheet

Policy specifics

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Restricted/Unapproved Commodities and Countries

Commodities listed as unapproved require prior approval from the underwriter prior to attachment for coverage broader than Free of Particular Average (F.P.A.) excluding theft, pilferage, and non-‐delivery.

Restricted Commodities

The following goods are insured subject to limited conditions as per policy (this is a summary of conditions shown; please request the complete policy for specific wording), packed in approved overseas packaging. Summary of Insuring Conditions per Commodities:

Wine, liquors, beers and similar spirits in export packing

All-‐Risk, pilferage and breakage, subject to a 1% deductible (minimum $250)

Automobiles & Motorcycles (less than 10 model years old not to exceed $50,000.00 per vehicle)

All-‐Risk, subject to a pre-‐shipment survey or also excluding claims for scratching, denting, marring, chipping, rust, oxidation, discoloration, subject to a 3% deductible (minimum $250)

Bagged commodities in door-‐to-‐door containers

All-‐Risk, subject to a 3% deductible (minimum $250)

Yachts-‐Watercraft new & used (not more than 3 years of age, not exceeding $50,000.00 per vehicle, nor in excess of 30 ft. in length )

All-‐Risk, subject to a 3% deductible (minimum $250). Warrant professionally packed as determined by mode of transportation. No coverage shall be granted hereunder while the watercraft is being operated under its own power.

Chinaware, Glassware, Marble, Ceramic, Granite, and other similar fragile items

All-‐Risk, subject to a 5% deductible (minimum $250)

Perishable Cargo in Approved Overseas Packing

All-‐Risk, subject to a 24-‐hour breakdown clause

Household goods and personal effects – professionally packed

All-‐Risk, subject to 3% deductible (minimum $250). Itemized valued inventory and professional packing required.

Steel sheets, coils, and similar merchandise

All-‐Risk, excludes marring, scratching, chipping, denting and breakage. Subject to a 3% deductible (minimum $250). Itemized value inventory must accompany shipment. Fragile articles are to represent not more than 10 of the insured value

Steel sheets, coils, and similar merchandise

All-‐Risk, excluding rust, oxidation, discoloration, and crimping

Steel pipe, tubing, rods and similar merchandise

Containerized: All-‐Risk, excluding rust, oxidation, discoloration, and corrosion. Non-‐containerized: All-‐Risk, excluding rust, oxidation, discoloration, corrosion, bending, twisting, and end damage.

Unapproved Commodities

The following goods are insured subject to limited conditions:

• Ocean shipments insured FPA (Free of Particular Average ), excluding theft, pilferage and non-‐delivery at policy FPA rates

• Air shipments insured at rates and conditions to be specified and agreed upon at time of declaration

Aircrafts, parts, engines Animals (live) Antiques Art works, Fine Arts Bank Notes Blood/Blood Products Bulk Commodities Cellular telephones Computer Chips & Boards Computer Software & Games

Containers Contractor’s Equipment (non-‐ containerized) Currency Eggs in the Shell Furs Gems & Precious Stones Gold & Bullion Jewelry (non-‐costume) Laptops/Computers Perfumed Products Plants/Flowers

Plasma TV’s Precious Metals Securities, Monies Silver Items Stamps Tobacco Products/ Cigarettes Used merchandise Value paper Watches

*Computer accessories such as glare screens, wrist rests, monitors, mice, keyboards, printers, etc. are approved

Unapproved Countries

Shipments to or from any of the following countries may only be insured after obtaining the underwriter’s approval:

Afghanistan (Taliban) Algeria Angola (UNITA) Burma (Myanmar) Burundi Congo, Democratic Republic of Congo (formerly Zaire)

Cuba Iran Iraq Lebanon Liberia Somalia Sudan

Libya Nigeria North Korea OFAC restricted countries Sierra Leone

Syria Yemen, People’s Republic of Yemen (North and South Yemen) Zaire (Congo) Zimbabwe