Air Cargo Insurance Pdf
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The lessee is charged per block hour with a minimum guaranteed block hours limit per month.
Air cargo insurance pdf. The loss to your company s goods may occur during road marine rail or air transport. The lessee provides fuel navigation and airport fees as well inflight services cargo insurance and in some cases coverage for war risk. The period is usually one to two. Institute cargo clauses air excluding sendings by post risks covered risks 1.
And or their agents. In the case of non delivery of the cargo within 120 days from the date of issue of the air waybill or if an air waybill has not been issued within 120 days from the date of receipt of the cargo for transportation by the carrier. Insurance coverage for cargo losses cargo insurance covers losses to the goods in which the insured bears the risks for the loss. Aircraft and insurance which usually includes hull and third party liability.
This insurance covers salvage charges incurred to avoid or in connection with the avoidance of. 500 000 any one air freight shipment of general commodities but not exceeding 5 000 000 in the aggregate for any one loss disaster or casualty. This insurance covers all risks of loss of or damage to the subject matter insured except as excluded by the provisions of clauses 3 4 and 5 below. Your cargo insurance policy will be tailored to your company s individual transport risks.
Cargo ism endorsement jc98 019 cargo ism forwarding charges clause inland transit all risk clause for shipments by aircraft. Scope of cover this insurance is classified into two conditions air transportation risks and air transportation all risks. The objects of the insurance can.