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Insurance - Coggle Diagram
Insurance
Cargo unit
Insurance cost
The mode of transport
The value of the goods in transit
Whether the journey is domestic or international
Elements
Insurance policy
Insurer
Insured
Policyholder
Contingente beneficiary
Coverage insurance
Premium
Rick
Damage/los
Claim
Insurance Contract
Insured must nevera ever try ro misuse
Seeking profit opportunities by reporting false
Insurance is not obligation
It is highly recommended
Types of policies
Open cover
A description of each shipment
The máximo value payable
Information on the melthod of valuing the goods
Terms and conditions
Váyage policy
Insurance terms and duties
Insurance interest
Contract of indemnity
Duty of utmost good faith
Duty to act as though uninsured
Ensuring goods are parker safely and securely
Maintaining the upkeep of vehicle
Having a robust selection policy for the involved
Risk coverage options
" A " Clauses
The highest premium
"B" clauses
Coverage basic
"C" clauses
Coverage basic
Documentation of the insurance company
Insurance pilicy
Certificar of insurance
The cost of the net premium
The basid of the CIF/CIP+10%
FOB the additional 10% is palier to every expense
Claim the policy
The damage is visible
The recover
Write donde the specific description of the damage to the goods
Allow the driver yo write down his observations of the damage
Stop further handling of the package
Put the package way so as to avoid worsening the damage
Respond to the queréis of the insurance agent
The damage is not visible
Consignee
Promptly reporte los or damage to tour insurance
Minimize the los by taking all reasonable steps to protect the cargo
Carey out a thorough inspetion of all the goods and note damaged or missing items
A surveyor should be called as son as possible to issue the report
Contacts for the international sales of goods
Frequently used
Lex mercatoria
Vehicle
Transport
Limites liability