South American Clause 1
South American Clause 1 : A clause in a cargo policy defining when coverage terminates on shipments to South America. On such shipments, this clause overrides both the Warehouse to Warehouse Clause and the Marine Extension Clauses (MEC) and extends coverage after discharge from the overseas vessel. Coverage ends when one of the following first occurs: (1) When the cargo is delivered at the final warehouse at the destination named in the policy, or (2) 60 days after discharge from the overseas vessel , or (3) 90 days after discharge from the overseas vessel on shipments via the Magdalena River. See: Warehouse to Warehouse Clause
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