Best Trade Solution

Some ICC national committees suggested that the date of an insurance document which is latter than the date of shipment should be acceptable, since the Institute Cargo Clause cover the "Transit Clause" as indicated in the policy. The insurance attaches from the time the goods leave the warehouse or place of storage at the place named therein for the commencement of the transit.
However, the principle of examining a presentation to determine, on the basic of the documents alone, whether ot not the document appear on their face to constitute a complying presentation, applies. In respect of sub-article (e), a document examiner is not expected to check details of the specific Institute Cargo Clause to ascertain the effective date of cover.