Your policy, once agreed by TT Club, is comprised of the Policy Wording, the Policy Schedule (outlining the terms, rates, and conditions), any applicable Institute Cargo Clauses stated within, and the Certificate(s) of Marine Cargo Insurance issued in accordance with the Policy Wording. ...
2. Wherever there is a conflict between the printed Institute Clauses and the Policy wording and conditions therein, than the Policy wording will supersede the printed clauses. FULL VALUE 14. If the total value at risk exceeds the applicable limit of liability REPORTING provided by this Policy,...
combined with the impending announcement of a new Cargo team, the current capacity of the London Cargo Market looks forward to 2023 with confidence, optimism, and an ever-evolving underwriting appetite.
Produce an accurate certificate of insurance setting out the terms of cover within 30 days of binding a risk Give at least 30 days' notice of forthcoming renewals Reply to all new enquiries within one working day Downloads TT Club service commitment 2020 Download pdf TTC Wording 2025 Down...
SpecialNotice:ThisEnglishversionisforyourkindreferenceonly.PleaserefertoourChineseversion,whichisfiledinCIRC,asa standardpolicywording.注意:本英文版本仅供参考。标准条款以本公司在中国保监会备案的中文版本为准。海洋运输散装桐油保险条款OceanMarineInsuranceClauses(WoodoilBulk)1 海洋运输散装桐油保险条款 OceanMarine...
In DPU, the seller is responsible for delivering and unloading the cargo at the place that is specified in the agreement between him and the buyer. CIF, CFR, CIP Whether Delivered Duty Paid or Delivered Duty Unpaid, the insurance may or may not be part of the cost. The cost of goods ...
A valued marine policy is a type of marineinsurance coveragethat places a specific value on the insured property, such as the hull or cargo of a shipping vessel, prior to aclaimbeing made. In the event of a loss, a valued marine policy will pay a specified, pre-determined amount—provide...
When things don’t go according to plan, a well-designed marine insurance policy can enable you to get back to business quickly, as well as help to protect you against potential third-party claims. Gallagher is one of the UK’s leading marine trade insurance brokers, catering for the needs...
Insurance UnderwritingMarineDSUrisks UnderwritingMarineDSUrequiresanexceptionally diverserangeofskills. Underwritersmusthaveastrongcargobackground, aswellasin-depthknowledgeofmarinelosscontrol andriskmanagement(particularlyrelatedtoheavy lifts),contingencyplanning,andastrongknowledge ...