English to German Bus/Financial Law (general) Seeversicherungspolice

Hallo,

In Zusammenhang mit einer Seeversicherungspolice.

Ich verstehe hier dieses „inception“ hier nicht. Vielen Dank!


The subject-matter of this sub-section (A) is covered whilst at Builders' Yard and at Builders' premises eisewhere within the post or place of construction at which the Builders' Yard is situated and whilst in transit between such locations.

The Underwriters' liability in respect of each item of this sub-section (A) which is at such locations shall attach from the time:—

of inception of this Section I if such item has already allocated to the vessel, of delivery to Builders of such
item (if allocated when delivered after inception of this
Section).