Marine Extension Clause 1943 & 1952

(insurance) An insurance extension which broadens warehouse-to-warehouse insurance coverage by eliminating the requirement that ordinary course of transit be maintained as well as the 15- or 30-day time limit at destination. Moreover, continuation of coverage is provided when certain conditions necessitate discharge of goods from vessel at a port other than the original destination. The most recent form of Marine Extension Clause was developed in 1952. It too provides for extensions as does the 1943 version, and adds that the assured will act with reasonable dispatch. The Warehouse-to-Warehouse Clause is now found in practically all open cargo policies. See warehouse-to-warehouse.

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