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Lloyd's Maritime and Commercial Law Quarterly

THE NEW AND REVISED INSTITUTE FROZEN FOOD AND FROZEN MEAT CLAUSES

Institute Frozen Food and Frozen Meat Clauses

Introduction

As MacKinnon LJ famously remarked, “The truth is that this law of marine insurance is nothing more than a collection of rules for the construction of the ancient form of policy”.1 The Institute Clauses, as the direct successors to that ancient form of policy, thus play a pivotal role in marine cargo insurance. New and revised Institute Clauses for use with frozen and chilled food (the “Clauses”) were issued by Lloyd’s Market Association on 1 March 2017.2 This note comments on the revisions and some of the potential legal issues arising under the Clauses, which have been updated to take account of the 2009 revisions to the Institute Cargo Clauses3 and to incorporate current trade and insurance practices. The revisions to the Clauses, albeit modest in scope, constitute the most important changes to the standard cover for frozen and chilled food since the revisions of 1982, when the ancient SG Form of Policy was superseded by the Institute Clauses.4
The Clauses now provide four levels of cover for chilled and frozen food.5 Starting with the broadest cover, these are: (1) all risks plus extended cover;6 (2) all risks;7 (3) all risks except variations in temperature plus limited cover for such variations;8 and (4) limited perils, that is (C) perils—major traditional perils at sea.9 There are also specially


CASE AND COMMENT

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