Insurance cover available

Institute Cargo Clauses (A)
Abbreviated to ICC (A)

The Institute Cargo Clauses (A) are normally the widest form of cover available and afford cover against physical loss or damage to the goods by accidental causes during the ordinary course of transit. Cover is available on a warehouse to warehouse basis.

The clauses contain a standard list of exclusions of which the principle exceptions are loss due to delay, the inherent nature of the goods, insufficient or inadequate packing, ordinary wear and tear, consequential loss or loss of market.

Institute Cargo Clauses (B)
Abbreviated to ICC (B)

The Institute Cargo Clauses (B) offer a restricted form of cover. The major perils covered are fire, explosion, stranding, sinking and grounding of the vessel, overturning, derailment of land conveyances, collision, jettison, washing overboard and loss of any container lost overboard or dropped whilst loading on to or unloading from the vessel.

Similarly, the clauses contain a standard list of exclusions of which the principle exceptions are loss due to delay, the inherent nature of the goods, insufficient or inadequate packing, ordinary wear and tear, consequential loss or loss of market.

Institute Cargo Clauses (C)
Abbreviated to ICC (C)

The Institute Cargo Clauses (C) offer a more restricted form of cover relating to a number of named perils of a catastrophic nature, such as fire, explosion, stranding, sinking and grounding of the vessel.

The same principle exceptions as in the (A) Clauses apply.

War and Strikes Risks

The policy may be extended to cover the goods against loss of or damage caused by warlike activities whilst at sea or in the air and/or caused by rioters during civil commotions and strikes. The basic exclusions apply although it should be noted that the strikes element does not include expense incurred where the goods are diverted from a strike bound port.