A Marine Cargo insurance may provide that a franchise shall apply unless a loss is caused by the vessel and/or craft being stranded, sunk, on fire, in collision and/or contract with any substance, including ice but excluding water.
The Rantings of the barely human.
A Marine Cargo insurance may provide that a franchise shall apply unless a loss is caused by the vessel and/or craft being stranded, sunk, on fire, in collision and/or contract with any substance, including ice but excluding water.