Marine Cargo Insurance is giving full coverage whilst cargo in transit from delivery point to final destination (Land/Sea/ Air transport)
Coverage in Cargo insurance
Institute Cargo Clause “C” (ICC C)
This coverage offers the protection against loss of or damage to your cargo due to accident of the conveyance.
Institute Cargo Clause “B” (ICC B)
This coverage offers the protection against loss of or damage cover under ICC C plus earthquake, volcano eruption, lightning, washing overboard, jettison, and general average sacrifice.
Institute Cargo Clause “A” (ICC A)
Offers the most comprehensive coverage, but subject to exclusion stated in the policy.
Extension Coverage:
• War
• Strike, Riot and Civil Commotion