Glossary
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AL-BAHRIAH INSURANCE & REINSURANCE S.A.L.
Cargo
Cargo insurance covers physical loss or damage to goods shipped by sea.
The Institute Cargo Clauses define cover at  various levels and can include:
- Fire or explosion
- Vessel or craft stranded, grounded, sunk or capsized
- Land conveyance overturned or derailed
- Collision or contact of vessel, craft or conveyance with external objects other than  water
- Discharge of cargo at port of distress
- Earthquake, volcanic eruption, lightning
- General Average sacrifice
- Jettison
- Washing overboard
- Entry of sea, lake or river water into vessel, craft, hold, conveyance, container or liftvan
- Total loss of package lost overboard or dropped whilst loading or unloading from vessel
- Malicious damage
- Theft
- Piracy
- General Average and Salvage charges
- Both to Blame Collision liability
© Al-Bahriah Insurance & Reinsurance S.A.L. - Email: info@bahriah.com - Phone: +961 1 336633 - Fax: +961 1 612311
Address: 770, Al-Bahriah House, Hotel Dieu Avenue, Beirut - Lebanon
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