Insured Sum | The Maximum Amount Of Money The Insurer Will Pay In The Event Of A Claim |
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Insured | The Shipper, Consignee Or Owner Of The Cargo |
Transferability | The Right Of The Insured To Transfer The Policy To Another Party |
Period Of Insurance | The Period Of Time During Which The Policy Is Valid |
Cancellation | The Right Of The Insured To Cancel The Policy At Any Time |
Reinstatement | The Right Of The Insured To Reinstate A Policy After A Claim Has Been Paid |
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Insured Sum | The Maximum Amount Of Money The Insurer Will Pay In The Event Of A Claim |
Subrogation | The Right Of The Insurer To Pursue A Third Party For The Cost Of A Claim |
Insured | The Shipper, Consignee Or Owner Of The Cargo |
Period Of Insurance | The Period Of Time During Which The Policy Is Valid |
Subrogation | The Right Of The Insurer To Pursue A Third Party For The Cost Of A Claim |
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Cancellation | The Right Of The Insured To Cancel The Policy At Any Time |
Deductible | The Amount Of Money That Must Be Paid By The Insured Before The Insurer Will Pay A Claim |
Transferability | The Right Of The Insured To Transfer The Policy To Another Party |
Reinstatement | The Right Of The Insured To Reinstate A Policy After A Claim Has Been Paid |
Insurer | The Insurance Company |
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Subrogation | The Right Of The Insurer To Pursue A Third Party For The Cost Of A Claim |
Insured | The Shipper, Consignee Or Owner Of The Cargo |
Cancellation | The Right Of The Insured To Cancel The Policy At Any Time |
Claims Procedure | The Procedure For Making A Claim Under The Policy |
Deductible | The Amount Of Money That Must Be Paid By The Insured Before The Insurer Will Pay A Claim |
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Transferability | The Right Of The Insured To Transfer The Policy To Another Party |
Reinstatement | The Right Of The Insured To Reinstate A Policy After A Claim Has Been Paid |
Subrogation | The Right Of The Insurer To Pursue A Third Party For The Cost Of A Claim |
Exclusions | The Types Of Losses Not Covered By The Policy |