GOODS PURCHASED BY THE ASSURED ON FOB, C&F OR SIMILAR TERMS

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I cover attaches under this policy from the time the goods leave the Supplier’s factory, Warehouse, Store or Mill as if the Contract of Sale war “ex Suppliers ‘ premises” notwithstanding that the goods and/or Interest may have been purchased on “FOB”, “C&F” or similar terms

Assured to pursue suppliers and/or other parties where evidence exists to show that loss occurred prior to F.O.B or similar. In the event that the Assured is unable to recover from Suppliers and/or other parties then this policy to pay subject to the terms and conditions herein.

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Underwriters are to be subrogated to the Assured’s rights of recourse against the Suppliers or other parties.

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