What is ICC Risk Coverage A, B and C

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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

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Sahilnair1984
 
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coverage

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

Dear,
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).

Regards
Nesar

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ICC Clause

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

Hi Pals,

there are new clauses dd 01.01.2009
Ciao

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