Starting 23 September 2025
Delivered by digital learning over 12 months.
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Module 6
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Module 6
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Marine Cargo Insurance
This module elaborates the standard clauses used to insure property while in transit against loss or damage arising from perils associated with the navigation at sea and on incidental voyages (e.g. by land).
Learning Outcomes
- Define standard terms used for insuring cargo carried by sea.
- Explain the scope of cover (duration, exclusions and perils insured against).
- Discuss the obligations of the assured under standard contracts.
- Explain the terms used in cargo policies to define the extent of indemnity.
Course Content
· Introduction to Cargo Insurance
· Institute Cargo Clauses (1982/2009)
· Duration of Cover (Transit Clause)
· Scope of Cover
· General Average and Salvage
· Assured’s Duties with regard to Preservation of Insured Cargo
· Defences Afforded to Marine Insurers
· Measure of Indemnity