The Individual Professional Insurance Consultants, Team of Insurance Agents.
INSTITUTE DANGEROUS DRUGS CLAUSE - MCARGO
It is understood and agreed that no claim under this policy will be paid in respect of drugs to which the various International Conventions relating to Opium and other dangerous drugs apply unless
1. The drugs shall be expressly declared as such in the policy and the name of the country from which, and the name of the country to which they are consigned shall be specially stated in the policy
and
2. The proof of loss is accompanied either by a licence, certificate or authorization issued by the Government of the country to which the drugs are consigned showing that the importation of the consignment into that country has been approved by that government. Or alternatively, by a licence, certificate or authorization issued by the government of the country from which the drugs are consigned showing that the export of the consignment to the destination stated has been approved.
and
3. The route by which the drugs were conveyed was usual and customary.
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Where the subject-matter insured hereunder (or any apportionable part) becomes missing and after the lapse of a reasonable time has not been...
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It is agreed that the Insured by this Section extends to include all sum which the Insured shall become legally liable to pay in connection ...
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On Increased Value of Cargo as described herein (whether such cargo is, insured herein or otherwise) by reason of liability for and/or payme...