Habib Insurance Co, Ltd (Window Takaful Operation)

Head Office State Life Building No.6,Habib Square, M.A. Jinnah Road Karachi.
Telephone No.:(021) 111-03-03-03 Website: www.habibinsurance.net
(All documents issued by Habib Insurance – WTO are embedded with QR code. Please scan to verify.)
Shipment Advice must be emailed at: marine@habibinsurance.net

Marine Cover Note

(Schedule)
Cover Note No. : 2024/01/KZBTMIPTDT00130 Takaful Type : Direct ( 100%)

Business Class : MARINE CARGO ( IMPORT ) TAKAFUL Branch : Karachi Zonal Takaful
Occupation : Manufacturers/Importers/Exporters/Traders/Distributors/Contractors
Issue Date : 25/01/2024
Agency : 2100120489 Old Ref No :
Participant Code : 1600104786 Status : N
The Participant : M/s BANK AL HABIB ISLAMIC , A/c. M/s. DYNAMIC SOLAR ENERGY

Participant NTN/CNIC# : 6222126-0 / -- Participant Sales Tax# :

Address : A-1714,GULSHAN-E-HADEED,PHASE 01,BIN QASIM TOWN,MA, Karachi

Deductible :
Validity : This acceptance is valid for shipment from January 25, 2024 midnight until midnight unless July 22, 2024 exhausted by
declaration.
Interest :
LC/ Despatch Note # : . L/C Date :
Invoice /Ref # : ZS2024000011500A3 Invoice Date : 15/01/2024

B/L/AWB/Ref#/Truck# : Conveyance : By Sea

Voyage From : ANY PORT OF CHINA Sailing on/or about :

Voyage To : KARACHI WAREHOUSE,PAKISTAN Form E / Bilty /Ref # :
VIA : BL Date :
Vessel/Carrier : ANY APPROVED VESSEL
Voyage/ Consign/Flight/Ref # :
Vessel (Trans Ship.) :
Name Of Consignee :
Consignee Address :
Per Carry Limit : Max. Shipment Limit :
Description
QTY: 7200 PCS SOLAR PANEL LONGI 550W ALL OTHER DETAIL AS PER PI NO. ZS2024000011500A3 DATE:15-1-2024.
WARRANTY: "CHARTER PARTY'S BILL OF LADING IS ACCEPTABLE""FREIGHT FORWARDER HOUSE BILL OF LOADING ACCEPTABLE."
Subject Matter: Solar Panels
Voyage From: Foreign Port To: Karachi Warehouse, Pakistan
Subject to exclusion of any loss or damage due to contamination, condensation, discoloration, rust, inherent defects, jerks / jolts, oxidation, obnoxious
order, self-germination, deterioration, spoilage, infestation, vermin, weevil, spontaneous combustion and moisture.
All Claims payable at Karachi in Pak Rupees only
Excluding self-heating, spontaneous combustion, normal loss of weight
Warranted professionally packed / stowed as per international standards
Warranted loading and unloading under professional supervision
Subject to containerized cargo with seaworthy packing
Complete details of carrying vessel to be provided (for voyage by sea)
Subject to prior declaration of each and every consignment.
Complete shipment details to be advised.
Overage Age Premium as per scale to apply in case the vessel is overage
In the event any crane operations required for loading and/or unloading, tandem lift warranty to apply
Losses due to rusting, oxidation and corrosion are excluded
Subject to Transits to be carried out only by reputed transporter /logistic company.
Complete details of carrying transporter to be provided.
Warranted in the event of theft / snatching / burglary / hijacking / pilferage, if in the opinion of the surveyor transporter is involved, client will lodge FIR
against the transporter / owner of the vehicle. (Only if warranty of fidelity guarantee policy cannot be fulfilled)
Warranted insured must obtain and keep record of CNIC copies of drivers of the vehicles transporting the goods .
Subject to Roadworthiness of the carrying truck.
Excluding Consequential Losses.
All other terms as per Marine Import Policy wordings and Clauses
Subject to Coronavirus Exclusion ~ LMA5395
Excluding Consequential Losses.
Mysterious disappearance and unexplained loss of content
Hazardous, Prohibited & banned items under the law.
Nuclear Energy Risks Exclusion Clause (Marine) 1.1.90
Terrorism Exclusion Clause
Joint Excess Loss Committee Terrorism Exclusion Clause JC 2009/056
Political Risk, Financial Guarantee & Credit Risk Exclusion Clause
Institute Cyber Attack Exclusion Clause (CL380)
Sanction Limitation and Exclusion Clause LMA 3100
Communicable Disease Exclusion LMA 5394 (amended)
Information Technology Hazards clause
 Habib Insurance Co, Ltd (Window Takaful Operation)
Head Office State Life Building No.6,Habib Square, M.A. Jinnah Road Karachi.
Telephone No.:(021) 111-03-03-03 Website: www.habibinsurance.net
(All documents issued by Habib Insurance – WTO are embedded with QR code. Please scan to verify.)
Shipment Advice must be emailed at: marine@habibinsurance.net
Cyber Exclusion Clause JX2020-007
Ukraine/Russia Conflict Exclusion clause
Surveyor Agent : At Destination by Habib Insurance Company Limited , , , , , ,

Settling Agent : At Destination by Habib Insurance Company Limited , , , , , ,

Basis Of Valuation : CFR Value in Foreign Currency USD 364,320.00 @ 281.0000 Rs. 102,373,920.00
Plus 10.00 % USD 36,432.00 @ 281.0000 Rs. 10,237,392.00
Total USD 400,752.00 Equivalent to Pak. Rs. 112,611,312.00

Total in Words : USD Four Hundred Thousand Seven Hundred Fifty-Two and Decimal zero only.

Sum Covered/ : Rs. 112,611,312.00 (One Hundred Twelve Million Six Hundred Eleven Thousand Three Hundred Twelve only)
Total Declared Value
Contribution :Marine + War and S.R.C.C Basic Contribution
41,216 Rs. 41,216
Administrative Surcharges 5.00 % Rs. 2,061

Gross Contribution 43,277

Sales Tax On Services 13.0000% Rs. 5,626
Federal Takaful Fee 1.0000% Rs. 433
Stamp Duty 0.0060% Rs. 6,757
Gross Contribution Rs. 41,216 Net Contribution Rs. 56,093
Note : Calculation of 13.00% and 1.00% is on Gross Contribution inclusive of 5.00% Admin Surcharge.

Subject to the following clauses, endorsements & warranties .

Cargo ISM Endorsement., Cargo ISM Forwarding Charges, Contract Rights Of Third parties, Computer Millennium Clause (Cargo), Institute Cargo Clause A (All
Risk), Institute Classification Clause, Institute Cyber Attack Exclusion Clause, Institute War Clauses (Cargo), Institute Strikes Clauses (Cargo), SANCTION
LIMITATION AND EXCLUSION CLAUSE(LMA 3100), Institute Radio Active Contaimination Chemical Biological Bio -Chemical Electromagnetic Weapons and Cyber
Attack exclusion clause, Road/Rail Cargo Clause A, Road/Rail Strike Clause (Cargo), Subject to 2% Excess on Whole Shipment., Subject to No Loss Till To-Day.,
Subject to Water Proof Tarpaulins Covered in case of non -containerized cargo during inland transit., Excluding Risk / loss due to mysterious
disappearance/non deliver/shortage of the cargo,
• 5 powers clause • Full Belarus, Russia and Ukraine war exclusion • Vessel detainment clause • Cyber exclusion clause LMA 5403

Subject to exclusion of any loss or damage due to contamination, condensation, discoloration, rust, inherent defects, jerks / jolts, oxidation, obnoxious
order, self-germination, deterioration, spoilage, infestation, vermin, weevil, spontaneous combustion and moisture.
In WITNESS whereof the undersigned acting on behalf of and with the authority of the Takaful Operator has hereto set his hand at Karachi Zonal Takaful
25/01/2024.

Shipment Advice:
All shipment advices must be made by Shipper/ Participant prior to shipment or as soon as possible but prior to arrival of vessel at the port of desitnation and must
be emailed at marine@habibinsurance.net or mailed at Head Office State Life Building No.6, Habib Square, M.A. Jinnah Road Karachi, Pakistan

RULE 58: The cover under this PMD shall remain suspended unless the Contribution against this PMD is paid in full.
OR
In cases where the Habib Insurance has agreed to receive the Contribution payment in installments, the cover under this PMD shall stand and remain suspended in
case any installment is not received as per due dates of the installment schedule attached hereto.

Examined:________________
HABIB INSURANCE COMPANY LIMITED

Policy No.: 2024/01/KZBTMIPTDT00130

 Habib Insurance Co, Ltd (Window Takaful Operation)
Head Office State Life Building No.6,Habib Square, M.A. Jinnah Road Karachi.
Telephone No.:(021) 111-03-03-03 Website: www.habibinsurance.net
(All documents issued by Habib Insurance – WTO are embedded with QR code. Please scan to verify.)
Shipment Advice must be emailed at: marine@habibinsurance.net

Perils/Reiders:

V. Code Code Riders/ Basic

Perils Contribution
1 0037 Marine + War and S.R.C.C 41,216
Total 41,216

Policy No.: 2024/01/KZBTMIPTDT00130