Cargo Insurance
Cargo Insurance
Cargo Insurance
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4. Claims and required documentsTotal loss‣ Total loss : total loss of shipment following total loss of vessel,vessel sank, missing…Required documents :‣ All Original Bills of Lading‣ Letter from the shipping company advising the consignee of theloss of the ship‣ Extract for the ships manifest showing that the goods were dulyloaded4. Claims and required documentsGeneral average‣ General average : a sacrifice of goods / or part of vessel or anexpenditure decided by the master for common safety of themaritime ventureRequired documents :‣ A copy of the C.I.F. invoice, if not already provided with theG.A. guarantee‣ Copy of claim documents relating to any damage to cargo‣ Subrogation receipt