2.1 Cargo Liability Insurance 2.1.1 Subject to all terms and conditions of the Insurance Contract, Underwriters will indemnify the Insured for its legal liability in respect of Claims which arise from: (a) physical loss of or physical damage to Cargo (b) Consequential Loss arising directly from …
To give notice in writing to the Carriers or other Bailees within 3 days of delivery if the loss or damage was not apparent at the time of taking delivery. To take examined delivery from the …
Cargo Insurance. Carrier shall maintain cargo insurance in an amount equal to the full value of the maximum quantity of goods expected to be transported at any one time under this Contract, …
This insurance covers general average and salvage charges, adjusted or determined according to the contract of carriage and/or the governing law and practice, incurred to avoid or in …
INSTITUTE CARGO CLAUSES (A) RISKS COVERED 1. Risks Clause This insurance covers all risks of loss of or damage to the subject-matter insured except as provided in Clauses 4, 5, 6 …
Marine cargo insurance relates to insurance of cargoes while they are being transported (with incidental storage) not only by water (sea/river) but also when they are being transported by …
Your Complete Cargo Policy is made up of several parts which must be read together as they form your contract of insurance with the Insurer. Please take time to read all parts of the Policy …
Cargo insurance protection is an aid to commercial negotiations. It allows traders to proceed with confidence in the knowledge that each party to the transaction is properly protected.
Cargo insurance covers against physical loss or damage from an external cause that occurs while goods are in route to their final destination. These include perils such as theft, damage, fire on …