Institute Strikes Clauses (Cargo)
The LMA and IUA strikes, riots, civil commotion and terrorism cover for cargo, CL386 1/1/09.
The Institute Strikes Clauses (Cargo) CL386, dated 1/1/09, are the London market’s cover for loss of or damage to goods caused by strikers, riots and civil commotions, terrorism and persons acting from a political motive, perils excluded from the Institute Cargo Clauses (A), (B) and (C).
The full article will cover the insured perils and exclusions, the transit clause, and how the strikes clauses are placed alongside the Institute War Clauses (Cargo). The cargo insured value article covers how this topic affects the sum insured on a cargo policy.