institute clause
2.CERTIFICATE FROM THE SHPPING COMPANY THAT THE VESSEL IS REGISTERED WITH AN APPROVED CLASSIFICATION SOCIETY AS PER THE INSTITUTE CLASSIFICATION CLAUSE AND CLASS MAINTAINED EQUIVALENT TO LLOYDS 100 A1.
3.INSURANCE POLICIES OR CERTIFICATE IN TWO FOLD ISSUED TO THE APPLICANT,COVERING RISKS AS PER INSTITUTE CARGO CLAUSES(A),AND INSTITUTE WAR CLAUSES (CARGO) INCLUDING WAREHOUSE TO WAREHOUSE CLAUSE UP TO FINAL DESTINANTION AT SCHORNDORF FOR AT LEAST 110%OF CIF VALUE,MARKED PREMIUM PAID SHOWING CLAIMS IF ANY PAYABLE IN GERMANY,NAMING SETTLING AGENT IN GERMANY.
