GOODS PURCHASED BY THE ASSURED ON FOB, C&F OR SIMILAR TERMS

I cover attaches under this policy from the time the goods leave the Supplier’s factory, Warehouse, Store or Mill as if the Contract of Sale war “ex Suppliers ‘ premises” notwithstanding that the goods and/or Interest may have been purchased on “FOB”, “C&F” or similar terms

Assured to pursue suppliers and/or other parties where evidence exists to show that loss occurred prior to F.O.B or similar. In the event that the Assured is unable to recover from Suppliers and/or other parties then this policy to pay subject to the terms and conditions herein.

Underwriters are to be subrogated to the Assured’s rights of recourse against the Suppliers or other parties.

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