Marine Cargo Insurance - Create Policy

1

Issued In Favour Of

Insured party details

Name *

Address

2

Value Declared

Insured value of cargo

Value (in figures) *

NGN

Value (in words)

3

Interest Insured

Description of goods / cargo

Description of Goods *

4

Conveyance & Vessel

Transportation details

Means of Conveyance *

Vessel Name

5

Voyage Details

Route and destination

Voyage Type *

Specify Route

6

Premium & Exchange Rate

Pricing details

Premium Amount *

NGN

Exchange Rate

NGN

7

Institute Cargo Clause

Select coverage level

Clause A (All Risks)

Clause C (Named Perils)

8

Proforma Invoice

Invoice details and document

Proforma Invoice #

Date

Upload Document (Proforma Invoice)

No file chosen

9

Terms & Exclusions

Applicable clauses and exclusions

Terms and Conditions

Institute Cargo Clauses (A), (AIR), (B), and (C)
Radioactive Contamination Exclusion Clause
Liability Exclusion Clause "B"
War Clauses (Cargo)
Strike Clauses (Cargo)
Replacement Clauses
Private Jetty Clause
Supervised Discharge Warranty
Warranted No Risk After Discharge from Overseas Carrying Vessel or Aircraft
Institute Bulk Oil Clauses
Nigeria Classification Causes

Exclusions

Rust
Oxidation & Discolouration
Mechanical & Electrical Derangement
Fresh Water Damage and Midstream
Discharge Exclusion
Political, Communal Risk Class
Terrorism

10

Policy Excess

Deductible amount

Excess Percentage (%)

Policy Date