Swashplate Pty Ltd v Liberty Mutual Insurance Co
(trading as Liberty International Underwriters) [2020] FCAFC 137
(Federal Court of Australia, Full Court)
The Federal Court of Australia has provided helpful guidance on
the relationship between the packing and preparation exclusion
Clause 4.3 and the attachment of insurance under Clause 8.1 of the
Institute Cargo Clauses (A) 1/1/09.
The facts
By a helicopter cargo insurance slip policy
("Policy"), arranged under a
broker's master slip facility for risks attaching during the
period 23 May 2017 to 22 May 2018
("Facility"), the defendant Insurer
agreed to insure the plaintiff Assured in respect of a
containerised helicopter for a single transit by air between the
United States and Australia.