Marine Insurance

By: Fiduciary Finacial Services  09-05-2012
Keywords: Academy of Restitution, Afforable Insurance Solutions,

Business Insurance, Personal Insurance, Marine Insurance, Specialist Insurance,
Clauses & Glossary

CLAUSES General Exclusions
Our policy insures approved general merchandise against risks of physical loss or damage from external causes. However, this policy does not cover all losses possible in the course of an international shipment.

Some perils typically not covered in All-Risk Policies:
Improper or inadequate packaging
Abandonment of cargo
Rejection of goods by customs
Failure to pay or collect account
Inherent vice, (infestation or loss due to nature of the product itself)
Employee conversion or dishonesty
Losses due to delay or market loss
Goods subject to an on-deck bill of lading Losses caused by temperature or pressure
Used goods

Keywords: Academy of Restitution, Afforable Insurance Solutions,

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