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INTERNATIONAL CARGO INSURANCE - Coggle Diagram
INTERNATIONAL CARGO INSURANCE
MAIN ELEMENTS
Insurance policy
Insurer
Insured
Policyholder
Contingent beneficiary
Coverage insurance
Premium
Risk
Damage/loss
Claim
TYPES
All-risk policy
Limited liability
FACTOR INFLUENCE
Mode of transport
Value of the goods
Journey national
TYPE OF LAW TO FOLLOW
LEX MERCATORIA
Specific and personal law
BASIC PRINCIPLES
Insured never try to misuse
Seeking profit opportunities
Accept and approve all claims
TERMS AND DUTIES
Duty of utmost good faith
Contract of indemnity
Insurable interest
Duty to act as though uninsured
DOCUMENTATION
Insurance policy
General conditions
Specific conditions
Certificate of insurance
Insurance application
Insurance proposal
OBTEIN CARGO INSURANCE
Broker
General insurance bussines
Freight fowarder
Bank
Local Chamber of Commerce
TYPES OF POLICIES
Open cover
Voyage policy
Time policy
Excess and franchise
DURATION OF COVERAGE
Warehouse to warehouse
RISK
A
B
C
HOW TO CLAIM ON YOUR POLICY
CARRIER
Contact the insurer
Minimize the loss/damage
Carry out a details
Call a surveyor
Make a note to reimburse
Keep as evidence(documents, container, merchandise...)
CONSIGNEE
AT THE OFFICE
Company name
Bill of lading
Date of arrival at destination
Description of cargo
Container numbers
The claimed amount
DOCUMENTS SHOULD BE SENT
Packing list
Transportation invoice issued by the freight fowarder
Comercial invoice
Bill of lading
Standard terms and conditions
Customs documentation
Capitain protest about the sea situation
Written claim against carrier
Survey report