REFRIGERATED CARGO CLAUSE
Whilst stowed in Refrigeration Chambers of vessel named herein this insurance is extended to cover all loss or damage due to or caused by derangement or breakdown of the refrigerating machinery and/or refrigerating plant and/or insulation for a period of at least Twenty-four(24) consecutive hours. Claims recoverable hereunder shall be payable irrespective of percentage. It is warranted by the Assured:- That the interest insured hereunder is in good condition at commencement of the risk. That no claim for loss and/or damage stall attach unless, immediately on the first discovery of any loss and/or damage to or deterioration of any part of the interest hereby insured, notice be given to the Agents of this Company and arrangement made for survey and the amount of the depreciation agreed to prior to the removal of the interest. Where this Company has no Agents at or near where the loss occurs, loss must be reported to Lloyd's Agents, and their certificate must accompany proofs of loss presented to this Company or its Settling Agents. That claim shall be immediately filed in writing against the carrier, a copy of which must accompany any claim presented under this insurance. That the value to be made good in the case of the interest insured hereunder being condemned on or after arrival shall in no case exceed the sound market value, less usual charges, or the insured value whichever may be the smaller. That no adjustment charges shall be incurred unless with the written consent of this Company or its Agents who shall not be liable for survey fees other than those of their own surveyor.