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What is Marine Cargo about?

The Marine Cargo Insurance Policy covers goods from loss or damage during transportation by sea, air, and land, with three main coverage options: ICC A (all risk), ICC B (specific risks), and ICC C (limited risks). Premiums vary based on factors such as the value of goods and type of conveyance, with additional fees for service tax and stamp duty. Key exclusions include willful misconduct and damage due to the nature of goods, and cancellation is not allowed once the risk has commenced.

Author

phamgiakhanh14102014

Language

EN