BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED

(A Company incorporated under Indian Companies Act, 1956 and licensed by Insurance Regulatory and Development Authority of India [IRDAI] vide Regd. No.113)
Regd. Office: Bajaj Allianz House, Airport Road, Yerwada, Pune 411006 (India)

MARINE CARGO INSURANCE POLICY SCHEDULE UIN.IRDAN113RP0024V01200102

Policy issuing office and Correspondence address for communication by policyholder for claim, service request, notice, Bajaj Finserv Building, 1st Floor, Behind Weikfield IT-
summons, etc. Park, Viman Nagar, Pune - 411014
Insured Name RANDEV BROTHERS AUTO PVT LTD Policy Number OG-25-9906-1011-00000047

INSURED DETAILS POLICY DETAILS

ADJ ERA PUBLIC SCHOOL, BEHIND RAM SINGH PEROL PUMP Policy Issued on 17-APR-2024 02:01:05 PM
Insured Address CHANDIGARH ROAD, MUNDIAN KALAN, LUDHIANA, LUDHIAN,A, Period of Insurance From: 17-APR-2024
PUNJAB-141015
-141015 Endorsement NA
Customer ID 433615644
GSTIN / UIN 03AACCR7993Q1ZK Policy Status Issued
STATE 03 - Punjab
CODE/NAME
Company GST 27AABCB5730G1ZX Invoice No : 420319514/1
No :
Company PAN : AABCB5730G

TRANSIT DETAILS
Mode of Transit SEA Transit type EXPORT
From country India To country SRI LANKA
Coverage from Ludhiana, Punjab, 141015 Coverage ends at COLOMBO PORT
Sellers/consignors details Buyers/consignees details

Vessel Name Vessel Flag

BL No. BL Date
Vessel Built Year Coverage All Risk
Capacity(in %)

Additional Packing Details

Cargo Description Packing (Mark No. Or Container Invoice No Invoice Date Terms Of Sale
No.)
Auto spare parts As per the Invoice Box Container 2 31-MAR-2024 CIF

SUM INSURED
Additional Costs Insured (in INR)
Invoice Amount (In Invoice Currency) Rate Of Exchange Basis Of Valuation Freight (at Insurance (at Sum Insured (In INR)
Duty (at actuals)
actuals) actuals)
INR 67,77,946 1 CIF + 10 % extra INR 67,77,946
Excess If Any The first .5% of whole consignment value each and every loss
Special Condition NA

PREMIUM DETAILS
Net Premium 3,389
Stamp Duty 1
Premium In Words : Rupees Four Thousand Only .
Integrated GST (18%) 610
Gross Premium 4,000

As per the GST regulations, the amount of GST will not be refunded if the policy / endorsement is cancelled after 30th September of the next financial year.

I/We hereby declare that though our aggregate turnover in any preceding financial year from 2017-18 onwards is more than the aggregate turnover notified under sub-rule (4) of
rule 48, we are not required to prepare an invoice in terms of the provisions of the said sub-rule.

Co-Insurance Details Own Share: 100%

SCOPE OF COVER (As per Clauses, Terms & Conditions, Warranties & Exceptions of Open Cover/Policy issued.)
Clause Category Clause Description
Cover Clause Cargo ISM Endorsement 01.05.1998 Clause No. JC98/019
Cover Clause Important Notice Clause
Cover Clause Institute Cargo Clauses (A) 01.01.1982 Clause No. ILU CL252
Cover Clause Institute Classification Clause 01.01.2001 Clause No. ILU CL354-2001
Cover Clause Institute Cyber Attacks Exclusion Clause 10.11.2003 Clause No. ILU CL380
Institute Radioactive Contamination, Chemical, Biological, Bio- chemical and Electromagnetic Weapons Exclusion Clause
Cover Clause 10.11.2003 Clause No. ILU CL370
Cover Clause Institute Strikes Clauses (Cargo) 01.01.1982 Clause No. ILU CL256
Cover Clause Institute War Clauses (Cargo) 01.01.1982 Clause No. ILU CL255
Cover Clause Private Carriers Warranty/ Limitation of Liability Clause

For help and more information: Page 1 of 3

Contact our 24 Hour Call Centre at 1800-209-5858, 1800-102-5858 (Toll Free) Fax no: 020-30512246
Email: Bagichelp@bajajallianz.co.in , Website www.bajajallianz.com Give a Missed Call on 8080945060, SMS 'WORRY' to 575758
Corporate Identification Number: U66010PN2000PLC015329 Say Hi on WhatsApp us on 7507245858

Demystify Insurance https://www.bajajallianz.com/blog.html http://www.facebook.com/BajajAllianz http://twitter.com/BajajAllianz

https://www.linkedin.com/company/bajaj-allianz-general-insurance
 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED
(A Company incorporated under Indian Companies Act, 1956 and licensed by Insurance Regulatory and Development Authority of India [IRDAI] vide Regd. No.113)
Regd. Office: Bajaj Allianz House, Airport Road, Yerwada, Pune 411006 (India)

MARINE CARGO INSURANCE POLICY SCHEDULE UIN.IRDAN113RP0024V01200102

Policy issuing office and Correspondence address for communication by policyholder for claim, service request, notice, Bajaj Finserv Building, 1st Floor, Behind Weikfield IT-
summons, etc. Park, Viman Nagar, Pune - 411014
Insured Name RANDEV BROTHERS AUTO PVT LTD Policy Number OG-25-9906-1011-00000047

SANCTION LIMITATION AND EXCLUSION CLAUSE:

No (re)insurer shall be deemed to provide cover and no (re)insurer shall be liable to pay any claim or provide any benefit
Cover Clause hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose
that (re) insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic
sanctions, laws or regulations of the European Union, United Kingdom or United States of America or Switzerland
Cover Clause Termination of Transit Clause (Terrorism) 2009 01.01.2009 Clause No. JC2009/056
Cover Clause Termination of Transit Clause (Terrorism) 23.05.2012 Clause No. JC2001/056
Specific Condition Coverage as per Terms of Sale
Standard Conditions and Warranties Bulk cargo: Excluding any kind of bulk cargo
Standard Conditions and Warranties COMMUNICABLE DISEASE EXCLUSION (Cargo) JC2020 ¿ 011 Cargo
Standard Conditions and Warranties Cancellation Clause
Excluding denting, chipping, scratching unless caused by the perils insured under ICC (B)/ ITC (B)/Air Shipment on Basic Terms
Standard Conditions and Warranties Endorsement
Excluding loss or damage to glass/fragile items unless caused by the perils insured under ICC (B)/ ITC (B)/Air Shipment on Basic
Standard Conditions and Warranties Terms Endorsement
Standard Conditions and Warranties Excluding rusting, oxidation and discoloration unless caused by accidental external means
Standard Conditions and Warranties Excluding shortages from sound packages/sealed containers
Exclusion for direct and indirect loss as a result of infectious diseases or contagious disease. Including but not limited to
Standard Conditions and Warranties diseases arising out of coronaviruses
Five Powers War Exclusion (amended to include triggering of NATO Agreement)
This reinsurance excludes loss damage liability or expense arising from the outbreak of war (whether there be a declaration of
Standard Conditions and Warranties war or not) between any of the following countries: United Kingdom, United States of America, France, Russian Federation
and the Peoples Republic of China. For the avoidance of doubt this exclusion is deemed to encompass the invocation of
Collective Defence of NATO as detailed in Article 5 of the The North Atlantic Treaty.
High Risk Area (HRA warranty) Warranted that in respect of Interest involving movement of cargo during the ocean leg for
transits that are either commencing from and/or destined to High Risk Area (HRA) shall be excluded for Institute War Clauses
(Cargo) 1/1/2009 and Institute Strikes Clauses (Cargo) 1/1/2009 risks. Coverage for War/SRCC risks for Shipments transiting
the aforementioned areas can be opted by the insured on giving prior intimation before transit inception to Underwriters and
Standard Conditions and Warranties insurers having agreed to provide cover with a minimum additional Gross Rate of 0.025% chargeable on the final sum insured
value of shipment as a separate insurance cover/policy.
HRA shipments are defined as transits that are either commencing from and/or destined to following countries.U.A.E, Bahrain,
Iraq, Kuwait, Oman, Qatar, Saudi Arabia.Base Cargo premium rates to apply in addition to War & SRCC premium for each of
such shipments. Any amendment in warranty shall be subject to 7 days notice.
NO cover for War, Strikes, Riots and Civil Commotion Risks, for all transits to, from and within Ukraine, Ukraine territorial
Standard Conditions and Warranties waters, Russian Black Sea territorial waters, Sea of Azov, Russian Black Sea ports, Sea of Azov ports and Russian territories
within 200kms of the Ukrainian border
PARAMOUNT WAR AND STRIKES CANCELLATION CLAUSE
Notwithstanding anything to the contrary stated herein or subsequently added hereto, it is understood and agreed that if this
contract provides that losses arising from war and strikes, riot and civil commotions risks are covered hereunder, then the
cover afforded by this contract in respect of such war and strikes, riot and civil commotions risks shall be subject to terms and
Standard Conditions and Warranties conditions no wider than the relevant London Institute War Clauses current at the inception of the original risk written, or
current ay the later of either the inception date of the most recent anniversary date of this contract.
The cover for losses arising from war and strike, riot and civil commotions risk under this contract is at all times subject to
seven days notice of cancellation by either party Such period of notice to commence not later than seven days from the date
of notice given by the reinsurers.
Russia, Ukraine and Belarus Exclusion
Excluded from coverage are all losses, liabilities, costs or expenses, or any other amount arising out of, originating from,
resulting from, caused by and/or contributed by, regardless of any other cause or event contributing concurrently or in any
Standard Conditions and Warranties sequence thereto, or otherwise in connection with the current Russia-Ukraine armed hostilities/conflict which commenced on
the 24th February 2022 including any expansion of such conflict. This also includes confiscation, expropriation, nationalization,
deprivation or restraining in movement of vessels and cargo in the territory of the aforementioned countries.
Tail-End Transit Risk (CIF/CIP or similar import):Where risk originating from any Indian port/ airport the coverage will be as per
Standard Conditions and Warranties Inland Transit (Rail/Road) Clause-B including the risk of SRCC only.
Standard Conditions and Warranties Warranted cargo is carried in closed wagon/vehicle adequately covered with serviceable tarpaulin
Standard Conditions and Warranties Warranted cargo is containerized for sea shipment
Standard Conditions and Warranties Warranted cargo is new and not secondhand
Additional terms and condtions
Marine Risk category selected is ''New Machinery spare parts/ Automobile parts/ Hardware tools'' Kindly ensure cargo
Marine Risk category description entered is as per Risk category selected. In case of any difference, kindly connect the BAGIC local office.
Additional Information (In so far as it does not
exceed the information declared and terms and
conditions mentioned on this policy)
Survey/Claim Settling Agent Bajaj Allianz General Insurance Co. Ltd.,Bajaj Allianz General Insurance Co. Ltd.
Claim, if any payable at/by: Pune

Receipt Number: 9906-09733100 Date: 17-APR-24 Premium Payer ID: 433615644 Float: CF
Premium collection details ** If Premium paid through Cheque, the Policy is void ab-initio in case of dishonour of Cheque.

For help and more information: Page 2 of 3

Contact our 24 Hour Call Centre at 1800-209-5858, 1800-102-5858 (Toll Free) Fax no: 020-30512246
Email: Bagichelp@bajajallianz.co.in , Website www.bajajallianz.com Give a Missed Call on 8080945060, SMS 'WORRY' to 575758
Corporate Identification Number: U66010PN2000PLC015329 Say Hi on WhatsApp us on 7507245858

Demystify Insurance https://www.bajajallianz.com/blog.html http://www.facebook.com/BajajAllianz http://twitter.com/BajajAllianz

https://www.linkedin.com/company/bajaj-allianz-general-insurance
 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED
(A Company incorporated under Indian Companies Act, 1956 and licensed by Insurance Regulatory and Development Authority of India [IRDAI] vide Regd. No.113)
Regd. Office: Bajaj Allianz House, Airport Road, Yerwada, Pune 411006 (India)

MARINE CARGO INSURANCE POLICY SCHEDULE UIN.IRDAN113RP0024V01200102

Policy issuing office and Correspondence address for communication by policyholder for claim, service request, notice, Bajaj Finserv Building, 1st Floor, Behind Weikfield IT-
summons, etc. Park, Viman Nagar, Pune - 411014
Insured Name RANDEV BROTHERS AUTO PVT LTD Policy Number OG-25-9906-1011-00000047

10043080, POLICYBAZAAR INSURANCE BROKERS

Agency Code & Name PRIVATE LIMTED
1800-103- E-Mail
Contact No. 3999
For & on the behalf
Bajaj Allianz General Insurance Company Ltd.

Authorized Signatory This document is digitally signed, hence counter signature / stamp is not required

Consolidated Stamp Duty of Rs. 1.00/- paid for insurance policy stamps vide Order No. CSD/17/2023/4571 dated 10-NOV-23 of General Stamp Office, Mumbai, India.
Principal Location : Bajaj Allianz House, Airport Road, Yerwada, Pune - 411006 PH:66026666 | Services Accounting Code : 997135 - Marine, aviation, and other
transport insurance services. No reverse charge is payable on these services.
Schedule (1) | Printed on : 17-Apr-2024 02:01:06|null|WEB|

For help and more information: Page 3 of 3

Contact our 24 Hour Call Centre at 1800-209-5858, 1800-102-5858 (Toll Free) Fax no: 020-30512246
Email: Bagichelp@bajajallianz.co.in , Website www.bajajallianz.com Give a Missed Call on 8080945060, SMS 'WORRY' to 575758
Corporate Identification Number: U66010PN2000PLC015329 Say Hi on WhatsApp us on 7507245858

Demystify Insurance https://www.bajajallianz.com/blog.html http://www.facebook.com/BajajAllianz http://twitter.com/BajajAllianz

https://www.linkedin.com/company/bajaj-allianz-general-insurance