Clauses The Institute Container Clauses (Time) provide ‘all risks’ cover subject to the exclusion of named non-fortuitous losses. Loss or damage to the container’s machinery is covered only when the container is a total loss or the damage is caused by a named (major) peril. Ordinary damage (scrapes and bumps) is not covered. Confiscation is excluded under the War Risks Exclusion but is insured under the Institute War and Strikes Clauses Containers – Time.