- Sunday, May 1, 2022, 13:44
- M-Clauses
This insurance is to pay total loss in the event of any of the insured vessels being missing during the currency of this policy. Any vessel recorded at Lloyd’s as “Untraced” or posted “Missing” for a continuous period of 6 (six) months should be deemed to constitute an Actual Total Loss. No claim shall attach under this missing vessel clause when ...
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