Exclusion Clauses : Notwithstanding the vast range of perils covered under the contract of cargo insurance, insurance cover is not provided against a number of perils and losses. The perils and losses which are not covered under the cargo insurance contract are covered under the Exclusion Clauses. These include the following:
i) General Exclusion Clauses
ii) War Exclusion Clauses
iii) Unseaworthiness and Unfitness Exclusion Clauses.