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free of capture and seizure warranty

insurance
Also known as: FC&S warranty

Quick Summary

The "free of capture and seizure" (FC&S) warranty is a clause in marine insurance policies that excludes coverage for losses resulting from the capture or seizure of the insured ship. It also typically excludes losses due to atomic fission or radioactive forces.1

In ocean marine insurance, warranties are promises that bind the parties. Express warranties are written into the contract, such as the FC&S warranty. There are also implied warranties that are not written but still legally binding, relating to the seaworthiness of the vessel, deviation from the intended course, and the legality of the voyage. The FC&S warranty specifically removes war as a cause of loss from the insurance coverage.2

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2 Britannica Sources
  1. insurance - Warranties
  2. FC&S warranty

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