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MARINE
CARGO INSURANCE |
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Cargoes
insurance involves marine cargo, inland transit, parcel post and
carrying by service. The marine cargo policy actually includes
covers for the land transit commencing from the movement of the
goods leave the place of storage mentioned in the policy until
they arrive at final warehouse.
The clause that
we offer to you only clause C for commodity statue and
furniture for the loss or the damaged things to the subject
matter insured by below: |
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• Fire
• Explosion
• Stranding
• Grounding
• Sinking
• Capsizing of Vessel
• Overturning and derailment of land conveyance
• Collision or contact of vessel with any external object other water
• Discharge of cargo at port of distress
• general average sacrifice
• Jettison
• Broken inside the box or case affecting from external factors.( SHA responsible) |
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Note:
General Exclusion Clause C |
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Insurance does
not cover loss, damage or expense cause by: |
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• willful misconduct of assured
• Ordinary leakage, loss of weight or volume, wear and tear
• Unsuitable packing
• Inherent vice
• Delay (schedule)
• Insolvency or financial default of owner, managers charter or operators of vessels
• Atomic weapon of ware
• Radioactivity
• Deliberate damage to or destruction of the subject-matter insures
• Natural damage. |
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Remark:
This insurance had deducted USD 500.00 on invoice of
shipment damage. |
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