Marine Cargo and Goods In Transit - Webinar

Marine Cargo and Goods in Transit Insurance

This webinar is designed for insurance brokers or underwriters who are new to marine cargo insurance or those requiring a refresher in the subject. It considers the fundamentals of why the cover is required, who arranges it, and the scope of cover provided

Objectives

• Demonstrate an understanding of marine and overland transit risks

• Appreciate the effect of legislation, contractual limitations, and conventions

• Understand the cover provided by and the differences between the Institute Cargo clauses

• Demonstrate an understanding of the International Commercial Terms of Trade (INCO)

• Appreciate the implications of general average

Content and Learning

• Why Marine Cargo Insurance is necessary

• Explaining limitations of liability for hauliers and when differing methods of conveyance are used

• Overview of INCO terms of trade

• Institute Cargo clauses and the cover provided by each

• Explanation of various maritime terms referred to within marine cargo policies