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Carrier and Courier Liability Insurance Policy- PDF (36 KB)

Carrier and Courier Liability Insurance Policy- PDF (36 KB)

Carrier and Courier Liability Insurance Policy- PDF (36 KB)

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It is hereby expressly stipulated <strong>and</strong> declared that it shall be a condition precedent to any right ofaction or suit upon this <strong>Policy</strong> that award by such arbitrators or umpire of the amount of the loss ordamage shall be first obtained.It is also hereby expressly agreed <strong>and</strong> declared that if the Company shall disclaim liability to theInsured for any claim hereunder, <strong>and</strong> such claim shall not, within 12 calendar months from thedate of such disclaimer have been made the subject matter of a suit in a Court of Law, then theclaim shall for all purposes be deemed to have been ab<strong>and</strong>oned <strong>and</strong> shall not thereafter berecoverable hereunder.16. The due observance <strong>and</strong> fulfillment of the terms, provisions, conditions <strong>and</strong> endorsements of this<strong>Policy</strong> in so far as they relate to anything to be done or complied with by the Insured <strong>and</strong> thetruth of the statements <strong>and</strong> answers in the said proposal shall be conditions precedent to anyliability of the Insurer to make any payment under this guarantee.N.B. IN THE EVENT OF DISHONOUR OF PREMIUM CHEQUE THE POLICYAUTOMATICALLY STANDS CANCELLED AS FROM INCEPTION.

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