Risk Coverage Clauses ‘C’ : Fire risks only i.e., Fire and lightning. Clauses ‘B’ – Basic cover Fire, lightning Breakage of bridges Collision with or by the carrying vehicle. Overturning of the carrying vehicle. Derailment or accidents of like nature to the carrying railway wagon/vehicle.Clauses ‘A’-All Risks : This insurance covers all risks of loss or damage to the subject matter insured except as provided for. Exclusion is expressly mentioned in the clauses itself or this can be put in by underwriters in the policy. Extensions, under Basic Cover : Rail/Road Clauses ‘B’ : Theft, pilferage non-delivery. Leakage Breakage Fresh water/Rain water damage Damage by hooks, oil, mud and other extraneous substances Malicious damage.Inland Transit, Exclusions : Clauses A, B & C : Willful misconduct of the assured. Ordinary leakage, loss in weight or volume, wear & tear Insufficient or unsuitable packing Delay-even though the delay be caused by a risk insured against Inherent vice or nature of insured goods. war and warlike risk Strike risks (including damage caused by terrorists).Exclusions are common between ITC-A, ITC-B and ITC-C except for the exclusion of malicious damage which does not form part of general exclusions list of ITC-A. In other words, malicious damage is an insured peril under ITC-A but it is exclusion under ITC-B and ITC-C. Additional cover : Clauses A, B & C : Inland Strikes, Riot and Civil Commotion risks may be covered on payment of additional premium. (Note: War risks on Road/Rail/Air transit is not granted) Duration Clause (Clause 5) : (a) Attachment : Insurance attaches the moment the cargo leaves the place of storage named in the policy as place of origin. This signifies that the carrying has moved from the place, otherwise any loss arising out of a stationery loaded vehicle at the point of origin is not covered. The coverage will continue throughout the ordinary course of transit. Ordinary course of transit means standard time period or route to be taken to move the cargo from one place to another. Include normal transshipments i.e., by road from origin point till railway sliding then rail movement to nearest railway station and thence road movement till the final point of delivery. (b) Termination : Terminations occurs either if (i) The cargo gets delivered to consignee at the final destination (ii) After the expiry of 7 days after the consignment reaches final destination town but before delivery to the consignee. It would be noted that first loading on to carrying conveyance at the place of origin is not covered whereas since the policy is covered till the cargo gets delivered to consignee, unloading risk is covered.