Cargo insurance is an activity aimed at moving the burden of risk from the shoulders o
Cargo insurance is usually listed as fire, marine, and accident.()
The All Risks of cargo transportation insurance covers risks of( )
A. earthquake B. general average
C. inherent vice of goods D. stranding
If an L/C calls for insurance cover per "Institute Cargo Clause All Risks", will
Banks accept "Institute Cargo Clause A" ?
(1)( ) True (2)( ) False
A.A. earthquake
B.B. stranding,sinking and burning of the vessel
C.C. general average
D.D. particular average
A.Hull
B.Cargo
C.Protection and Indemnity
D.Pollution
A.A. FPA
B.B. WPA
C.C. AR
D.D. WAR
The implied condition(s) with respect to the doctrine of deviation in a marine insurance policy is(are) ______.
A.that the cargo be discharged from the vessel with customary dispatch
B.that the voyage be commenced in a reasonable time
C.that the voyage be pursued over the usual and direct route
D.All of the above
(1)( )CFR.
(2)( )DEQ.
(3)( )CFR Landed.