Marine Cargo Insurance

• 1. Institute Cargo Clauses CThese clauses cover loss of or damage to the insured cargo reasonably attributable to:
  
  - Fire or Explosion
  - Vessel or craft being stranded, grounded, sunk or capsized
  - Overturning or derailment of land conveyance
  - Collision or contact of vessel craft or conveyance with any external object other than water
  - Discharge of cargo at a port of distress 
  
  They also cover loss of or damage to the insured cargo caused by:
  
  - General Average 
  - Jettison (voluntary dumping of cargo at sea)
• 2. Institute Cargo Clauses B
  These clauses include the covers provided by Institute Cargo Clauses C and additionally the following:
  
  a. Loss of or damage to the insured cargo reasonably attributable to:
  - Earthquake, volcanic eruption or lightning and
  
  b. Loss of or damage to the insured cargo caused by:
  - Washing overboard
  - Entry of sea, lake or river water into vessel, craft, hold, conveyance container or place of storage
  
  c. Total loss of any package lost overboard or dropped whilst loading on to or unloading from vessel or craft 
• 3. Institute Cargo Clauses AThese clauses offer the widest insurance cover against "All Risks" for loss of or damage to the insured cargo caused by any accidental and unforeseen cause other than those which are nominally excluded.

Important Note: The above constitutes a summary of the product features. Full details as to policy covers, conditions and exclusions are contained in Atlantic’s relevant Insurance Policy document.