Individual who helps care for someone who is ill, disabled, or aged such as a relative or friend who volunteers to help. However, some people provide caregiving services for a cost.
Tag: RAW
Cargo
Goods transported aboard a vessel or other conveyance not being provisions, stores, equipment or bunker fuel for use on the vessel. The cargo owner’s insurable interest continues for so long as he has title to the goods. There are other cargo interests. The risk factors in marine insurance: mode of transportation; type of goods; packing; size/weight/value; trip route; trip duration; season; socio-economic environment.
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Material or goods carried by ship, rail/road or aero plane.
Cargo Certificate
An insurance contract in which ocean-going cargo is insured.
Cargo Clauses (Air) (excluding sending by post)
Cover is against “all risks” as in ICC (A) except that GA and salvage charges and both to blame collision clauses are omitted, these not being concerned with air transit. Under duty of the assured clause, charges reasonably and properly incurred to avert or minimize an insured loss and pursue recovery rights are also covered. Forwarding charges would be covered under this item, being sue and labor in nature.
Cargo coverage
MMZ
Cargo Insurance
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.
Cargo insurance (Property Insurance)
Insurance that covers cargo as it is transported to another location.
Cargo Interest
Insurable interest relating to cargo, other than the interest of the cargo owner.
Cargo interests
Insurable interest relating to: (a) ownership; (b) freight; (c) insurance charges; (d) anticipated profit, i.e. profit the seller loses when goods perish; (e) partial ownership (Marine Insurance Act 1906, s.8); defeasible interest; (f) contingent interest; (g) bottomry and respondentia; (h) forwarding charges; (i) commission insurable by an agent (Marine Insurance Act 1906, s.5).
Cargo ISM Endorsement
In 1994, the International Safety Management (ISM) Code was incorporated into the SOLAS Convention. SOLAS (SAFETY OF Life at Sea) prescribed rules for construction of ships, their equipment and standard operating procedure to ensure greater safety of human lives. From 1st July 2002 ISM code is mandatory for almost all types of vessels. From the Maine Cargo stand point the policy will not cover cargo carried in a vessel which not ISM Code complaint at the time of loading of the cargo provided the insured was aware or as a prudent business man should have been aware that the vessel was not ISM Code compliant. However, this not impacts the right of a person claiming under this insurance who has bought the goods in good faith and is assigned this policy.