Millers Marine War Risks

Page 179


Confiscation and expropriation

Confiscation and expropriation

21.1 “Confiscation” and “expropriation” were not insured perils under the S.G. Form, but were introduced in the early 1980s when the new Institute Time Clauses were introduced with the MAR Form. They are found in the Clauses for Hulls, Freight and Containers, but are not insured perils in the Cargo clauses. Relevant exclusions are those for requisition, and for capture and seizure, etc., by the country of registry of the vessel (or place of business of the container insured), or as a result of infringement of customs or trading regulations (see Chapter 23).

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