If the shippers sign contract with the conference, providing it within their exclusive patronage, then they get the benefit of rates lower than the rates applicable to non-contract shippers.

A clause in a marine hull policy providing one value for a total loss and another for all other purposes.

A basis for the insurance of wages in a business interruption policy giving the insured full cover against having to pay unproductive wages for one period and more limited cover for a further period.

The Policy covers all types of migratory and non-migratory birds in India and duck farms consisting of certain minimum number of ducks. All birds in the Poultry Farm, however, should be insured. The Policy provide indemnity against death of ducks due to accident including lightning, flood, cyclone, famine, riot and strike, civil commotion or diseases contracted or occurring during the Policy period. Ducks are usually insured from day one to 52 weeks, 53rd week to 104 weeks and 105 weeks to 120 weeks. Common exclusions as per Poultry Insurance. Specific exclusions include improper management, overcrowding under growth cannibalism, action of predators like carnivorous animals and birds, loss due to temperature variation, sun-stroke, heat stroke, cold-stroke etc., loss due to huddling or piling or improper hygienic care. Duck viral hepatitis, duck viral enteritis (duck plague), ornithosis, duck influenza etc are covered if properly vaccinated and treated in proper time. Transit by any mode excluded. Diseases contracted prior to and within 15 days of commencement of risk excluded.