The Clause Insurance Freight

Posted by Admin in Insurance | 0 comments

Continuing an article on insurance of goods transported recently wrote that , I will address the provision most often used to hold the new freight – Section A.

This clause covers all risks of loss or damage of the goods safely, except for the exclusions below:

- Willful misconduct of the insured

- Normal or stroke volume or weight loss due to use of the goods safe

- Inadequate or inappropriate packaging of goods

- Vice of that cargo

- Insolvency or financial difficulties of the owners, charterers, operators or those who have the administration of the vessel

- Use a weapon of war employing nuclear material

- Unseaworthiness of the ship so far as is knowledge of the insured

- The ship is not suitable for the transport of goods where this is known to the insured

- War, civil war, insurrection, riot

- Capture, seizure, arrest or detention

- Loss or damage caused by weapons of war abandoned or adrift. Example, land or sea mines

- Strikes and labor unrest

- Acts of terrorism

In an upcoming article, write on Section B.