Professional Documents
Culture Documents
Marine
Marine
Marine
1. CARGO
2. HULL
3. BUILDERS RISK
MARINE INSURANCE
B) SALE CONTRACTS
WHO is responsible for effecting Insurance on
Goods will depend upon the SALE CONTRACT
• PRINCIPLE TYPES of Sale Contract for
Marine Insurance are
a. Ex-Works d. FOB
b. FOR e. C + F
c. FAS f. C I F
MARINE INSURANCE
I) Name of Shipper/Consignor/Insured
II) FULL DESCRIPTION of Goods (nature of Cargo)
III) METHOD and TYPE of PACKING
IV)VOYAGE/ MODE of Transit & Transhipment if any
V) PLACES : From and To
VI) Mode of Conveyance/ Vessel Particulars/COC details
VII) Insurance Cover required
VIII) Basis of Valuation & Sum Insured
F) MARINE RATING & UNDERWRITING
* Sum Insured
* Interest
* Premium
* Terms & Conditions
Marine Cargo Policies are freely Assignable
O) TARIFF POLICIES