what are the various types of cargo insurance contract.explain
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Different types of cargo insurance
1.Coverage: Theft, damage from collision, and other risks.
2.Coverage: Damage from loading/unloading, bad weather, piracy, and other risks.
What's excluded:
3.The named perils policy is also formerly known as the “Free of Particular Average”. ...
4.Legally, general average is defined as:
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it is the method used in protecting shipment from physical damage or theft
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