Commodore Insurance           

CargoCare©

 

 Summary of Marine Clauses
ICC (A), (B) and (C)
 

Institute Cargo Clauses (C)

EXCLUSIONS

Fire & Explosion
Stranding, grounding, sinking or capsize of vessel

These standard exclusions apply to Institute Cargo Clauses A, B & C
 

  1. Willful misconduct of the Assured
  2. Ordinary leakage or loss in weight or volume
  3. Wear and tear
  4. Insufficient or unsuitable packing arrangements
  5. Inherent vice
  6. Delay
  7. Insolvency of ship owners or charterers
  8. Nuclear or atomic weapons
  9. Unseaworthiness of vessels or containers
  10. Malicious damage [(ICC (B) and (C) only]

War and Strikes Risks
Cover for War, Strikes and Riots is available and is usually purchased separately and incorporated within the Marine Cargo Policy at the standard market rate.

Overturning or derailment of land conveyance

Collision or contact of vessel/conveyance with any external object other than water

Discharge of cargo at port of distress

General Average sacrifice

Jettison

 

Institute Cargo Clauses (B)

Includes Institute Cargo Clauses (C) plus

Washing overboard

Earthquake, volcanic eruption or lightning

Entry of sea, lake or river water into vessel, craft, hold, conveyance, container, liftvan or place of storage

Total loss of any package lost overboard or dropped whilst loading or unloading vessel or craft


Institute Cargo Clauses (A)

 

 

 

Includes Institute Cargo Clauses (B) plus

Accidental and/or malicious damage

 

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Last modified: 11/30/07

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