Common use of Loss of Checked-in Baggage Clause in Contracts

Loss of Checked-in Baggage. If the entire Checked-In Baggage is lost whilst in the custody of the Common Carrier, the Company will indemnify to the extent of cost incurred by the Insured Person towards replacement of the entire baggage and its contents as per market value, up to 1% of the Sum Insured specified in the Policy Certificate or Rs. 20,000 (whichever is lesser), subject to the conditions specified below: (i) Coverage under this Benefit shall commence only after the Checked-In Baggage is entrusted to the Common Carrier and a receipt obtained and coverage under this Benefit shall terminate automatically on the Common Carrier reaching the Place of Destination specified in the ticket of the Insured Person during the Policy Period; (ii) If more than one (1) piece of Checked-in Baggage has been checked-in under the same ticket of the Insured Person and all the pieces of Checked-in Baggage are not lost, then the Company’s liability shall be restricted to 0.5% of the Sum Insured specified in the Policy Certificate or Rs. 10,000 (whichever is lesser); (iii) If the lost/undelivered Checked-In Baggage is subsequently traced and offered for delivery to the Insured Person, the Insured Person shall refund the amount paid by the Company under this Benefit in full irrespective of whether delivery of the baggage is taken or not; (iv) If a portion of the lost/undelivered Checked-In Baggage is subsequently traced and offered for delivery to the Insured Person, the Insured Person shall refund the amount paid by the Company under this Benefit attributable to the portion of Checked-in Baggage traced in full irrespective of whether delivery of the baggage is taken; (v) The liability of the Company shall be determined based on the market value of the Contents of the Checked-In Baggage as on the scheduled/expected date of delivery at the destination port; (vi) In case the market value of any single item of the Contents (excluding Valuables) of a Checked-In Baggage exceeds Rs.5,000/-, the Company's liability shall be limited to Rs.5,000/- only; (vii) Additional Documents to be submitted for any Claim under this Benefit: a) Property irregularity report issued by the appropriate authority. b) Voucher of the Common Carrier for the compensation paid for the non-delivery / short delivery of the Checked-In Baggage. c) Copies of correspondence exchanged, if any, with the Common Carrier in connection with the non-delivery / short delivery of the Checked-In Baggage. (viii) Additional Exclusions applicable to any Claim under this Benefit: 1. Any partial loss or damage of any items contained in the Checked-In Baggage. 2. Any loss arising from any delay, detention, confiscation by customs officials or other public authorities. 3. Any loss due to damage to the Checked-In Baggage. 4. Any loss of the Checked-In Baggage sent in advance or shipped separately.

Loss of Checked-in Baggage. If (Indemnity) This Benefit shall be payable subject to the entire following: a) In the event of such a total and complete loss of Checked-In in Baggage is lost whilst in the custody of the Common Carrier, a Property Irregularity Report (PIR) must be obtained from the Company will indemnify to the extent of cost incurred by the Insured Person towards replacement Common Carrier immediately upon discovery of the entire baggage and its contents loss which must be submitted along with the claim. b) A Deductible as per market value, up to 1% of the Sum Insured specified in the Policy Certificate or Rs. 20,000 (whichever is lesser)Schedule /Certificate of Insurance shall be separately applicable for each claim made under this Benefit. c) Our maximum, subject to the conditions specified below: (i) Coverage total and cumulative liability under this Benefit in respect of any one Checked- in Baggage, in case more than one bag has been checked-in, is 50% of the applicable Sum Insured. In case of only one Checked-in Baggage, the maximum, total and cumulative liability is up to 100% of the applicable Sum Insured. d) We have been provided with all the documents, reports and other details from the Common Carrier confirming the loss of Checked-in Baggage in its custody. e) If we have made any payment under this Benefit, it is agreed that any recovery from any Common Carrier by the Insured Person, under the terms of the Convention for the Unification of Certain Rules Relating to International Carriage by Air, 1929 (“Warsaw Convention”) shall commence only after become Our property. f) Any partial loss of the items contained within the Checked-in Baggage, not amounting to a total and complete loss of such Checked-in Baggage, shall not be payable. g) In the event of simultaneous claims under this Benefit as well as under Delay of Checked-in Baggage, the higher of the claims shall be payable by the Company in respect of the same item(s) of Checked-in Baggage is entrusted during any one Period of Insurance. We shall not be liable to make any payment for any claim under this Benefit of the Policy in respect of an Insured Person, directly or indirectly for, caused by, arising from or in any way attributable to any of the following: 1. Valuables, Money, any kind of securities and tickets/passes or any other item not declared and/or agreed by Us. 2. Loss of any Checked-in Baggage unless a Property Irregularity Report or other report usually issued by the Common Carrier and a receipt obtained and coverage under this Benefit shall terminate automatically on the Common Carrier reaching the Place of Destination specified in the ticket event of the Insured Person during the Policy Period; (ii) If more than one (1) piece loss of Checked-in Baggage has been checked-in under the same ticket of the Insured Person procured and all the pieces of Checked-in Baggage are not lost, then the Company’s liability shall be restricted submitted to 0.5% of the Sum Insured specified in the Policy Certificate or Rs. 10,000 (whichever is lesser); (iii) If the lost/undelivered Checked-In Baggage is subsequently traced and offered for delivery to the Insured Person, the Insured Person shall refund the amount paid by the Company under this Benefit in full irrespective of whether delivery of the baggage is taken or not; (iv) If a portion of the lost/undelivered Checked-In Baggage is subsequently traced and offered for delivery to the Insured Person, the Insured Person shall refund the amount paid by the Company under this Benefit attributable to the portion of Checked-in Baggage traced in full irrespective of whether delivery of the baggage is taken; (v) The liability of the Company shall be determined based on the market value of the Contents of the Checked-In Baggage as on the scheduled/expected date of delivery at the destination port; (vi) In case the market value of any single item of the Contents (excluding Valuables) of a Checked-In Baggage exceeds Rs.5,000/-, the Company's liability shall be limited to Rs.5,000/- only; (vii) Additional Documents to be submitted for any Claim under this Benefit: a) Property irregularity report issued by the appropriate authorityUs. b) Voucher of the Common Carrier for the compensation paid for the non-delivery / short delivery of the Checked-In Baggage. c) Copies of correspondence exchanged, if any, with the Common Carrier in connection with the non-delivery / short delivery of the Checked-In Baggage. (viii) Additional Exclusions applicable to any Claim under this Benefit: 13. Any partial loss or damage of any the items contained in within the Checked-In in Baggage. 24. Any loss Losses arising from any delay, detention, confiscation by the customs officials or other public authorities. 35. Any loss due to damage to the Checked-In Baggage. 4. Any loss of the Checked-In Baggage sent in advance or shipped separately.baggage