A policy covering the cargo being transported by a carrier.
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An ocean or inland marine Insurance contract that protects the insured against the los of or damage to shipments.
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UK: Cover is defined by standard clauses. Institute Cargo Clauses, have three main sets, Clauses A, B and C, selected according to the nature of the goods, and specific to the type of cargo, e.g. coal, oil, jute, frozen food, etc. All sets cover general average and salvage charges and contain the War Exclusion Clause and the Strikes Exclusion Clause.
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Inland or ocean marine insurance covering property in transit.