Institute Cargo Clauses "C"

Institute Cargo Clauses "C"

Cover loss of or damage to the subject matter insured, "reasonably attributable to:
" 1. Fire or explosion.
2. Vessel of craft being stranded, grounded, sunk or capsized.
3. Overturning or derailment of land conveyance.
4. Collision or contact of vessel, craft or conveyance with any external object other than water.
5. Discharge of cargo at a port of distress.
The insurance also covers loss or of damage to the subject matter insured caused by:
1. General average sacrifice.
2. Jettison. To sum up, the "C" clauses provide major casualty coverage during the land, air or sea transit.