OTHER RISKS EXCLUDED
- The Association shall not insure a Member in respect of a ship entered by him against:
- loss of freight or hire relating to such ship (except where this forms part of the measure of damages payable by the Member and recoverable under sub-rule 19 or 27 of Rule 4)
- salvage of such ship (except life salvage or where salvage forms part of general average expenditure recoverable respectively under sub-rules 21, 22 or 27 of Rule 4).
- loss arising out of the cancellation of a charter or other engagement of such ship,
- bad debts or the direct or indirect consequences of insolvency or fraud or financial default of any person whatsoever including agents,
- demurrage on or detention of or delay to such ship, except where it forms part of a claim under Rule 4.27,
- the cost of forwarding passengers to their destination or returning them to their port of embarkation or of their maintenance ashore consequent upon a casualty to such ship,
- notwithstanding sub-rule 4.23 punitive, exemplary or aggravated damages.
- any liabilities, losses, damages or expenses directly or indirectly caused by or contributed to be acts of piracy.
- Unless special cover shall have been agreed in writing between a Member and the Managers, the Association shall be under no liability for any claim relating to liability, loss or expense in respect of:
- a chartered ship which is a salvage tug, fire-fighting ship or other ship used or designed or intended to be used for salvage operations, when the claim arises as a result of or during any salvage operations or attempted salvage operation,
- a chartered ship which is used for operations of drilling, core sampling, oil production or gas production, when the claim arises as a result of or during this operation,
- a chartered ship which is a dredger, when the claim arises as a result of or during dredging operations,
- a chartered ship which is used for the operations of pile driving, pipe or cable laying or blasting, when a claim arises as a result of or during those operations,
- a chartered ship which is designed for or involved in operations below the surface of the sea.