<p style="text-align:justify">LOSS OR DAMAGE TO THE GOODS MERCHANDISE ACCEPTED FOR DELIVERY OR CONVEYANCE TO VARIOUS CONSIGNIES ARISING OUT OF THE FOLLOWING PERILS:</p>

<ol>
	<li style="text-align:justify">Fire, including self-ignition and internal explosion of the conveyance.</li>
	<li style="text-align:justify">Accidental collision of the vehicle with any other automobile, vehicle excluding, however, contact with any portion of the road bed curbing, any stationary object while backing for loading, unloading, rails or ties of street and excluding collision of the load with any object when such collision of the load with any object does not involve collision of the carrying truck.</li>
	<li style="text-align:justify">Overturning or upset of the motor truck</li>
	<li style="text-align:justify">Explosion</li>
	<li style="text-align:justify">Collapse or subsidence of bridges.</li>
	<li style="text-align:justify">Flood (meaning rising of navigable water) lightning, cyclone, tornado, landslide, earthquake and volcanic eruptions.</li>
	<li style="text-align:justify">Loss or damage of cargo due to loading and unloading</li>
	<li style="text-align:justify">Loss or damage of cargo whilst the vehicle is on stop overnight at an allowed territory is also deemed included in the coverage.</li>
	<li style="text-align:justify">Aggregate limit of liability is increased to the Total Sum Insured WARRANTIES:</li>
</ol>

<p style="margin-left:80px; text-align:justify">Breach of any of the following warranties shall (render the Policy null and void as from the date of such breach:</p>

<ol start="1" style="list-style-type:lower-alpha">
	<li style="text-align:justify">That each truckload shall be covered by a corresponding waybill of lading or delivery receipt containing an adequate description of the cargo carried, the places of origin and destination thereof and the date of carriage;</li>
	<li style="text-align:justify">That all vehicles conveying the property shall be duly registered with proper authorities, maintained in an efficient roadworthy condition and undergo regular checkups with particular roadworthiness of the tires, steering, brakes, light and al other devices to ensure safe operations under full loaded condition;</li>
	<li style="text-align:justify">That all drivers manning the vehicles shall carry valid driver&#39;s license during the term of this Policy and shall have been issued proper clearances by National Bureau of Investigation and other Police authorities prior to employment;</li>
	<li style="text-align:justify">That during the course of transit all traffic rules and regulations shall be observed and special attention shall be given to bridge capacities clearance in underpasses road and weather conditions and other factors that may adversely affect the safe carriage of the cargo:</li>
	<li style="text-align:justify">That at all times during the course of transit, all transit (except when loading or unloading) whenever the vehicle is left unattended whether it may be momentarily or extended periods, the ignition key shall be removed from the vehicle and when left unattended overnight in loaded condition. In addition all doors and similar openings shall be locked, all windows tightly closed and special locking devices, immobilizer or alarms be in operation;That the cargo shall be tightly lashed and secured and the vehicle shall always carry adequate tarpaulin covers as protection against elements;</li>
	<li style="text-align:justify">That the insured voyage shall be lawful in all respects;</li>
	<li style="text-align:justify">That in the event of any loss or damage to the property at risk from of the insured perils that a report of the accident shall be made to the nearest Police or Military Authorities within forty eight (48) hours the time occurrence thereof;</li>
	<li style="text-align:justify">Subject to review after six (6) months and rate/s shall be adjusted depending upon the loss experience of the account;</li>
	<li style="text-align:justify">This Policy is deemed continuous and in force until cancelled by either party giving other party thirty (30) days written notice.</li>
</ol>

<p style="text-align:justify">VALUATION: The Company&#39;s liability in case of loss shall be based on the cost of the goods and merchandise being conveyed and/or transported subject to the limit of liability as indicated in the schedule.</p>
