Marine Cargo Quotation Slip

Insured : Protech Paper Sdn Bhd

Date :31/01/2023

Address : PT 3907, Nilai Industrial Estate, Level 1, Nilai Inland Port, 71800 Nilai, Negeri Sembilan

Business / : Tissue Paper Manufacturer

Occupation

Interest Insured : CARDINAL HEALTH_ B/S 40'S X 200 BOX X 2PLY - 501

Container No : BEAU4540391 / EMCPDX1962

Period of Insurance : 02/02/2023 – 02/05/2023
Voyage : From Insured’s premises in Nilai to final destination in USA
: Excluded Countries
 Communist countries/ War torn, Sanction countries, Areas involved in civil war
irrespective whether or not war is declared
 Commonwealth of Independent States (CIS) (e.g. Abkhazia, Kazakhstan, Tadjkistan,
Turkmenistan, Ukraine…)
 Countries On the Continent of Africa (Except South Africa)
 Eastern European Countries (eg. Bosnia, Hungary, Macedania…)
 Middle East (e.g. Afghanistan, Kuwait, Lebanon, Iran, Iraq …)

 Bangladesh  Cuba  Panama

 Barbados  Dominican Republic  North Korea
 Bolivia  Equador  Seychelles
 Belarus  Haiti  Serbia
 Burma (Myanmar)  Libya  Syria
 Cambodia  Nepal  Sri Lanka
 Cape Verde  Nicaraqua
 Colombia  Pakistan
Sum Insured RM96,648.09 (with 10% uplift)
any one Vessel / Air/ Conveyance / Carrying
Conveyance : By Approved Vessels

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Marine Cargo Quotation Slip

Insured : Protech Paper Sdn Bhd

Date :31/01/2023

Conditions : BY SEA
Institute Cargo Clauses (A) - 1.1.09
Institute War Clauses (Cargo) - 1.1.09
Institute Strikes Clauses (Cargo) - 1.1.09
Institute Classification Clause – 1.1.2001
Port Delay
Loading and Unloading
Institute Replacement Clause – applicable to new machine / equipment
War, Strike, Riot or Civil Commotion
Cargo ISM Endorsement
10th November 2003 with U.S.A Endorsement
Information Technology Hazard Clause
Date Recognition Endorsement
Notice to All Policyholders
50% Loss Review Clause
Including theft and hijacking
Door to Door Cover
Pair & Sets Clause
Strikes Cancellation Clause

General Conditions/ : Warranted vessels used are ISM certified

Warranties Warranted that vessels used must not be more than 20 years of age but vessels above 21 to 30
years of age are subject to a surcharged mentioned below.
Warranted shipped under deck unless containerised. If non-containerised cargo on deck, cover
automatically revert to ICC (C) – 1.1.82
Warranted no barge shipment
Warranted that all goods must be professionally packed
Warranted the cargo is loaded into the container

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Marine Cargo Quotation Slip

Insured : Protech Paper Sdn Bhd

Date :31/01/2023

Exclusion : Institute Radioactive Contamination, Chemical, Biological, Bio-Chemical and Electromagnetic

Weapons Exclusion Clause
Termination of Transit Clause (Terrorism)
Institute Cyber Attack Exclusion Clause
Sanction Limitation and Exclusion Clause
Excluding rusting, oxidation, discoloration unless cause by insured perils
Excluding denting, bending, scratching, chipping unless caused by insured perils
Excluding Mechanical, Electrical and Electronic Derangement unless caused by Violent, Accident,
External and Visible means.
Excluding loss of or damage arising from infidelity or acts of dishonesty or fraud of any partners,
directors or employees of Insured whether acting alone or in collusion with others and to whom
the interest is entrusted to
Exclusion of Storage Risk
Excluding mysterious disappearance absolutely
Exclusion of risk of processing, installation, erection, test run and fabrication
Communicable Disease Exclusion (Cargo) - JC2020-011
Marine Cyber Endorsement LMA5402

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Marine Cargo Quotation Slip

Insured : Protech Paper Sdn Bhd

Date :31/01/2023

Rates : 0.20% :
THE ABOVE RATE (S) IS INCLUSIVE OF THE WAR AND STRIKES RISKS SUBJECT TO REVISION TO BE
ADVISED BY THE JOINT CARGO COMMITTEE AT THE TIME OF SHIPMENT.

Basis of Valuation : BY SEA AND AIR

Cost, Insurance & Freight Plus 10%

Deductible : 0.5% of sum insured for each and every loss

Premium : USD $ww,794.36 X 4.24 exchange rate

= RM96,648.09 X 0.20% premium rate
= RM193.29+ Stamp Duty RM10
= RM203.29

Overage Surcharge : Shipments by Overage Vessel are subject to additional premium and classification vessels as per
Institute Classification Clause

Overage Vessel Surcharge

0 – 20 years Nil
21 – 25 years 0.10%
26 – 30 years 0.25%

VESSEL ABOVE 30 YEARS OF AGE IS SUBJECT TO UNDERWRITER APPROVAL

Information
Provided

This Quotation is Valid for 14 days

I/ We agree to accept the above terms

……………………………………………..

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