MR 007 – Cover of Extra Charges for Airfreight

It is agreed and understood that otherwise subject to the terms, exclusions, provisions and conditions contained in the Policy or endorsed thereon and subject to the Insured having paid the agreed extra premium, this insurance shall be extended to cover extra charges for airfreight.

Provided always that such extra charges are incurred in connection with any loss of or damage to the insured items recoverable under the Policy.

Provided further that the amount payable under this Endorsement in respect of airfreight shall not exceed the amount stated below during the period of insurance.

Deductible                  :                        20% of the indemnifiable extra charges,

minimum                    :……………………. any one occurrence.

Maximum amount payable   :   …………………

Extra Premium              :     ………………………….

 

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