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Banks may offer a trade finance package, including cargo insurance.
Some banks offer cargo insurance as part of a finance package.
We found a shipping agent who was also able to advise us on marine cargo insurance.
The history of average clauses began with cargo insurance.
Cargo insurance covers loss of or damage to goods while in transit by land, sea and air.
There are a number of possible options when deciding where to go for a cargo insurance policy:
There are four types of marine cargo insurance.
However, it's advisable to get additional insurance, such as general cargo insurance.
They pay for the cost of the goods, cargo insurance and all transportation charges up to a named sea port (destination).
A typical cargo insurance policy covers goods in transit via road, rail, sea or air.
It is therefore advisable to arrange separate cargo insurance.
Motor truck cargo insurance protects the transporter for his responsibility in the event of damaged or lost freight.
Marine insurance contracts may be divided into hull insurance or cargo insurance.
"But these new companies have no unions, no cargo insurance, no terminals and no overhead."
This harsh attitude to deviation cases originated from the earlier marine insurance practice when cargo insurance policy was lost in case of deviation.
Obtaining cargo insurance Where to go when you need to get a cargo insurance policy and ...
But cargo shippers may have to fall back on their own insurance as Swissair's standard cargo insurance amounts to only $10 a kilogram, or 2.2 pounds.
As a 'professional new entrant' she rotated around the different departments to get a flavour of all aspects of the business, from motor trade to marine cargo insurance.
In the case of cargo insurance, the GCC states as a group were particularly inventive, simply offering to replace outright any cargo lost due to the war.
Search for a cargo insurance broker on the British Insurance Brokers Association (BIBA) website - Opens in a new window.
Marine insurers provide cover for known quantifiable risks, mainly Hull & Machinery insurance for shipowners, and Cargo Insurance for cargo owners.
General cargo insurance is available in three levels - clauses A, B or C. Air transport can also use the Institute Cargo Clauses (Air).
The members of CEFOR engage in hull and machinery insurance (blue water and coastal), protection and indemnity insurance, cargo insurance, legal defense, and war risks.
Zong, a British slave ship infamous for the 1781 massacre of 132 sick and dying slaves who were thrown overboard in an attempt to guarantee that the ship's owners could collect on their cargo insurance.
Marine insurance and marine cargo insurance cover the loss or damage of vessels at sea or on inland waterways, and of cargo in transit, regardless of the method of transit.