In marine insurance this means ‘goods in the nature of merchandise. It does not include personal effects or provisions and stores for use on board (Marine Insurance Act 1906, Schedule, Rules for Construction of Policy, rule 17). This rule also provides that deck cargo and living animals must be specifically insured and not insured as goods unless it is customary to do so.
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Goods mean goods in the nature of merchandise and does not include personal effects or provisions and stores for use on board.