FD&D (CLASS 6)

IMPRUDENT TRADING

22.1

The Association shall not insure a Member against any Costs arising out of or consequent upon an Entered Ship carrying contraband, blockade running, or being employed in an unlawful trade, or performing any voyage or being employed in any trade if the Board (or, in the case of claims not exceeding USD2,000,000, the Committee) having regard to all the circumstances shall be of the opinion that the nature of the carriage, trade or voyage in respect of which the Ship was engaged was imprudent, unsafe, unduly hazardous or improper.

Britannia