Credit to: Ms. Pham Thi Ha, professor of insurance for Foreign Trade University.
1. The need to import and export insurance carrier of goods by sea
- Goods transported by sea are often risky.
- The responsibility of the carrier is limited and the claims for compensation difficult
- Purchase insurance to protect the interests of the business when the losses and create an interest in psychology and business
- Purchase of insurance for goods import and export is an international trade practice
2. Insurer's liability for goods covered under the current conditions
2.1.1. Concept : The insurance conditions are the responsibility stipulated by the insurer for the insured (goods) on the surface: the risk of loss, time and space - is the zoning or the risk risk insurance
2.1.2. The conditions of the UK insurance
- Due to technical committee and provisions (clauses and Technical committee) of the Insurance School Assembly London (Institute of London Underwriters - Ilu) editor. The conditions of this insurance is referred to the ICC (Institute Cargo Clauses):
- ICC 1963: