See: “Marine Insurance.”
***
Based on Institute Commodity trades clauses (B) with many of the clauses Identical. The rubber clauses provide a wider cover than the commodity trades (B) in that they cover all water damage also from any source including ship’s sweat and condensation. Loss or damage caused by hooks, spellings or leakage of any substance or liquid, other cargo, or moisture from wet or damp dunnage are also covered. There is cover also for theft, pilferage and non-delivery.
Tag: REFERENCE
Net line underwriter
See: Net Line.
Non-negligent cover
See: JCT CLAUSE 21.2.1.
Non-Waiver Clause
See: Estoppel.
Nonadmitted insurers
See: Excess or surplus lines market.
Nontraditional Reinsurance
See: Financial Reinsurance, Finite Reinsurance, Limited Risk, Structured Reinsurance, Reinsurance.
Notice of Cancellation (Reinsurance)
See: CONTINUOUS TREATY.
Notice of loss/occurrence
See: Notification Clause.
Notional reinstatement value scheme
See: ‘Day One’ Of Reinstatement Cover.