Two Types of Coverages
Steel Hull (Overseas, Inland) Institute Time Clauses-Hulls 1.10.83, Institute Voyage Clauses-Hulls 1.10.83 and special conditions mentioned in policy
| war, strikes, malicious acts and nuclear | 0.1% |
| Vessel’s age (year) | Hull and Machinery Increased | Value |
| 1-5 | 2.00% | 0.30% |
| 6-10 | 2.25% | |
| 11-15 | 2.50% |
0.65% |
| 16-20 | 2.75% | |
| Over 20 | 3.00% |
Deductible – kyats 500,000 (or) equivalent
Wooden Hull, Institute Time Clauses-Hulls 1.10.83,CL-284, Institute Voyage Clauses-Hulls 1.10.83,CL-286
| Inland Cargo | 1.4% |
| Coastal Cargo | 1.8% |
| Coastal Fishery | 2.0% |
379088, 384865, 252372, 246902
384881, 384876, 386919
384870, 384868
379188
251764, 384874, 384867
251761
384864, 384873
