General
Some of the clauses and the Commentary to Chapter 15 were amended in the 2027 Version. The main changes consisted of updating Cl. 15-8 according to current market practice, making Cl. 15-9 a complete regulation of trading areas for war risks, extending the total loss cover provided by Cl. 15-11, deleting Section 5 “Damage” as this cover now follows Chapter 12 and simplifying Section 6 “Loss of hire” by aligning the provisions with existing regulations in Chapter 16.
Chapter 15 provides a complete set of conditions on war risks insurance. Part One is also applicable as background law for Chapter 15. The perils covered under war risks insurance have therefore been kept in the general part of the Plan, see primarily Cl. 2-9. These rules are closely related to the rules on perils covered for marine insurance and, consequently, it is most appropriate to place them together.
Chapter 15, Section 1 to Section 3, sets out general rules applicable for all interests covered by the insurance.
Chapter 15, Section 4 Total loss, sets out rules regarding total loss. First, the rules in Chapter 11 applies for “physical” total loss. In addition, there are rules for “non-physical” total loss in Cl. 15-11 where the assured is deprived of the use of the vessel and in Cl. 15-12 for blocking and trapping. The borderline between Cl. 15-11 and Cl. 15-12 may, however, overlap in certain situations.
Chapter 15, Section 5 Damage, is deleted because Chapter 12 applies without any special adaptations for the war risks.
Chapter 15, Section 6 Loss of hire, applies Chapter 16. However, Cl. 16-1 is suitably adapted to war risks by Cl. 15-17, also extending cover by sub-clause 2, letter e, and by Cl. 15-18 for loss caused by instructions issued by the insurer. Otherwise, Chapter 16 applies without special adaptations for war risks.