Sanction Limitation and Exclusion Clause. The Insurer shall not be deemed to provide cover or be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose the Insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom, United States of America, Australia or New Zealand. When the Insured Property is used or second-hand, this policy does not cover:
Appears in 2 contracts
Sources: Marine Household Goods & Personal Effects Transit Insurance Policy, Insurance Agreement