🛡️ Property & Casualty

Cargo & Transit Risk: Inland Marine & Ocean Maritime General Average

By Commercial Underwriting Review Board

Underwriting & Coverage Summary

Protecting supply chains: Institute Cargo Clauses (A/B/C), warehouse-to-warehouse transit coverage, and General Average maritime salvage liability.

Under maritime law, declaring 'General Average' requires all cargo owners to contribute to salvage costs if a container ship runs aground or suffers fire.

1. Cargo Protection Standards

  • Institute Cargo Clauses (A): All-risks coverage subject to standard war, strike, and inherent vice exclusions.
  • Inland Marine Floaters: Protecting high-value tools, mobile medical equipment, and telecommunications gear off-premises.
  • Warehouse-to-Warehouse Transit: Continuous coverage from point of origin factory loading to final customer destination unloading.
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