What is ICC Risk Coverage A, B and C

User avatar

What is ICC Risk Coverage A, B and C

Postby Sahilnair1984 - India on Wed Nov 07, 2012 7:19 pm

Please tell me the risks covered under ICC A, B and C

User avatar
Posts: 13
Joined: Sat Sep 15, 2012 6:55 pm
Location: India

User avatar


Postby nesarul - Bangladesh on Thu Nov 08, 2012 12:38 pm

The institute of London Underwriters Cargo Clauses (c) 1/1/82 :
Risk Covered:
Fire or explosion
Vessel or craft stranded, sunk burnt or capsized
Land conveyance overturned or derailed
Collision or contact of vessel, craft or conveyance with any external object except water.
Discharge of cargo at port of distress
Jettison etc.

The institute of London Underwriters Cargo Clauses (B) 1/1/82 :
Risk Covered: In addition to above
Earthquake, lightning or volcanic eruption
Washing overboard
Entry of sea, river or lake water into     vessel, craft, conveyance, container or place of storage
Total loss of any package lost overboard or dropped whilst loading on
to, or unloading from, vessel or craft.
The institute of London Underwriters Cargo Clauses (A) 1/1/82 :
Covering all risk excluding War, SRCC, Inherent vice, Wear & tear, Wilful mistake etc. This clause sometimes called TPND clause (theft, pilferage, Non delivery & short delivery).


User avatar
Posts: 510
Joined: Sun May 18, 2008 9:46 pm
Location: Bangladesh

User avatar

ICC Clause

Postby picant - on Thu Nov 08, 2012 7:49 pm

Hi Pals,

there are new clauses dd 01.01.2009

User avatar
Posts: 1244
Joined: Wed Aug 20, 2008 1:49 pm

Return to Letter of Credit Forum

Support us on Facebook

Your support is important to us

Similar Topics

Insurance Coverage For Free Of Charge Goods

Is ICC Opinion R261 Still Valid?

Icc Opinion 470/TA806 Rev

Insurance Certificate In A Negotiable Form Covering All Risk

Commodity Import & Risk In Charter Party B/L

Recent Reviews
Books & Training Review - ICC Guide to the Uniform Rules for Bank Payment Obligations

Books & Training Review - ISBP Online

Books & Training Review - UCP 600 Transport Documents

Latest in Trade Library
Issuing Bank Had to Pay Despite Discrepancies

UCP 600 Exclusions in Perspective

Use of Transport Document in International Trade

Your Right to Vote
Can Issuing Bank Be Confirming Bank Also?
No Sure

Poll initiated by jinnat
BTS Crossword

Crossword Puzzle: CITF - 1.1
Crossword Puzzle: URR725 - 1.1
Crossword Puzzle: URDG758 - 1.1
Crossword Puzzle: URC522 - 1.1
Crossword Puzzle: UCP600 - 1.1