Posts Tagged ‘Cargo Insurance’

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Untuk membaca versi bahasa Indonesianya, Silakan Klik disini  Moving cargo from one place to another whole over the world by air, sea or inland transit is very risky that’s why you need Marine Cargo Insurance Type of Covers: Marine Cargo Clauses 1.Clause A (All Risks) Covers everything except listed exclusions 2.Clause B or C Covers only those incidents specifically listed   Risks Clause B Clause C Fire or explosion Yes Yes Vessel or craft being stranded, grounded, sunk or capsized Yes Yes Overturning or derailment of land conveyance Yes Yes Collision or contact with any external object other than water Yes Yes Discharge of cargo at port of distress Yes Yes Earthquake, volcanic eruption or lightning Yes No General average sacrifice Yes Yes Jettison Yes Yes Washing overboard Yes No Entry of sea, lake, or river water Yes No Total loss of any package lost overboard or dropped whilst loading or unloading from vessel Yes No Yes: Covered -- No: Not Covered   Full story