Cancellation Clauses
Posted on December 1, 2023
What are they? Marine insurers are entitled to cancel cover, either in whole or in part, and are givenmuch more freedom to do so than would otherwise exist with general insurancepolicies.
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Institute Cargo Clauses
Posted on November 27, 2023
What are they? The backbone of marine insurance policies in many countries, the Institute Clauses define the level of coverage given by the insurance.
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FOB Pre-shipment Clause
Posted on October 27, 2023
What is it: A contingency cover for overseas imports providing protection for purchasers when there is the potential for loss or damage to have occurred to the cargo prior to it being loaded onto the overseas vessel at the origin port.
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