Institute Cargo Clauses
Standard set of cargo insurance conditions published by the Institute of London Underwriters in versions A, B, and C. They are the most widely used clauses globally for maritime transport insurance.
Standard set of cargo insurance conditions published by the Institute of London Underwriters in versions A, B, and C. They are the most widely used clauses globally for maritime transport insurance.
Standard set of cargo insurance conditions published by the Institute of London Underwriters in versions A, B, and C. They are the most widely used clauses globally for maritime transport insurance.
ICC Clause A
Broadest cargo insurance coverage from the Institute of London Underwriters protecting against all risks of physical loss or damage to goods, with expressly listed exclusions. It is the highest level of protection.
FinancialICC Clause B
Intermediate cargo insurance coverage protecting against specific named perils such as fire, explosion, stranding, sinking, overturning, discharge at port of refuge, and natural events like earthquakes and eruptions.
FinancialICC Clause C
Most basic and restrictive cargo insurance coverage protecting only against major perils such as fire, explosion, sinking, stranding, collision, and general average sacrifice. Does not cover theft or water damage.
FinancialMarine Cargo Insurance
Policy protecting the insured against losses or damage to goods during maritime transport. Can cover from basic risks to all risks depending on the contracted ICC clause.