Cover is granted against All Risks at rates which are prescribed for named countries/destinations only and subject to the condition that 5% of the invoice value is declared to the airlines and requisite valuation charges are paid to them or the parcel is insured with the postal authorities for a minimum of Rs. 500/- per package as applicable. The intention is to ensure that the parcel is carried as valuable cargo and not as an ordinary parcel. Transit risks are covered on ‘door-to-door’ basis, but despatches by airfreight are usually not covered beyond the airport town of destination. Similarly despatches from interior of the airport town of destination. Similarly despatches from interior of India, involving separate local transit prior to customs clearance for export, are usually not covered.
Insurance Encyclopedia
Destination clause
The life policy clause identifying the persons to whom the policy moneys are payable – the insured or his executors, administrators or assigns; or possibly the representatives or assigns of the insured.
Destination India Policy for Health Insurance
Policy more or less similar to Overseas Mediclaim Policy but covers Overseas Travellers during their visit to India.
Detached signs
Signs located away from the designated premises. They may or may not be part of the covered property.
detailed (D)
A term used to describe a level of history and/or physical examination.
Detailed examination 1995 guidelines
Extended examination of the affected body areas or other symptomatic or related organ systems.
Detailed history 1995 guidelines
Documentation must include the chief complaint, an extended history of presenting illness (HPI), an extended review of systems (ROS), and a pertinent past, family, and/or social history (PFSH).
Detainment
Holding back someone else’s property. The detainment clause in the Institute War and Strikes Clauses (HullTime) provides that a vessel detained 12 months or more is treated as a constructive total loss. However, clause 5 excludes detainment by or under the order of the government or other public of the country in which the vessel is owned or registered. It is also excluded if detainment is due to infringement of any trading or customs regulations.
Detention
1. Occurs when governmental authorities prevent a vessel and/or cargo leaving port, particularly during hostilities. 2. Where demurrage is paid for an agreed number of days any further delay is ‘detention’ for which the shipowner can claim unlimited damages.
Deterioration
Impairment of condition. One of the causes of depreciation and reflecting the loss in value brought about by the wear and tear, disintegration, use in service and the action of the elements. Deterioration results in depreciation, that is, loss in value.