INSTITUTE CARGO CLAUSE ‘A’
It covers all risks of loss or damage to Insured consignment as a result of perils of the sea from port of loading to port of discharge and to warehouse.
The covers includes:
Fire, Theft, Pilferage, Non-delivery, Short-landing, Vessel, or craft been stranded, grounded, sunk or capsized.
INSTITUTE CARGO CLAUSE ‘C’
This clause provided minimum cover on loss or damage due to earthquake, volcanic eruption, craft being stranded, grounded, sunk or washing overboard of cargo.
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