The document compares coverages provided under three different marine cargo clauses (ITC-A, ITC-B, ITC-C). ITC-A provides the most comprehensive coverage, including coverage for risks from fire/explosion, sinking, collision, and other named risks. ITC-B provides similar coverage but excludes some risks like earthquake/volcanic eruption. ITC-C provides even more limited coverage and excludes additional risks such as washing overboard or water entering holds.
The document compares coverages provided under three different marine cargo clauses (ITC-A, ITC-B, ITC-C). ITC-A provides the most comprehensive coverage, including coverage for risks from fire/explosion, sinking, collision, and other named risks. ITC-B provides similar coverage but excludes some risks like earthquake/volcanic eruption. ITC-C provides even more limited coverage and excludes additional risks such as washing overboard or water entering holds.
The document compares coverages provided under three different marine cargo clauses (ITC-A, ITC-B, ITC-C). ITC-A provides the most comprehensive coverage, including coverage for risks from fire/explosion, sinking, collision, and other named risks. ITC-B provides similar coverage but excludes some risks like earthquake/volcanic eruption. ITC-C provides even more limited coverage and excludes additional risks such as washing overboard or water entering holds.
FIRE & EXPLOSION √ √ √ STRANDING, GROUNDING, SINKING OR CAPSIZING √ √ √ Overturning or derailment of land conveyance √ √ √ Collision √ √ √ Discharge of port of distress √ √ √ Total loss of vessels √ √ √ General average sacrifice √ √ √ Jettison of cargo √ √ √ Earthquake, volcanic eruption or lightning √ √ × Washing overboard √ √ × Entry of sea, Lake, River water to hold or container √ √ × Total loss of package during loading / un-loading √ √ × Rain water √ × × Malicious damage √ × × Breakage √ × × Shortage √ × × Pilferage √ × × Theft √ × ×
Willful misconduct of assured × × ×
Ordinary leakage or loss in weight or volume × × × Ordinary wear & tear × × × Insufficient of un-suitable packaging of preparation × × × Inherent voice × × × Delay × × × Insolvency or financial default of ship owners × × × Un-Seaworthiness or un-fitness of vessels or container × × × War, capture or seizure × × × Strikes, rites or terrorism × × ×