Marine Cargo Insurance and Claims
One container of padded parkas is damaged in the Bay of Biscay. You follow it through the two things that could pay for it: the carrier's limited liability, and the cargo policy. You see the gap between them, the leg nobody insured, and the exclusion that catches apparel. You see how a claim file is built. And you meet the general average bill that arrives on undamaged cargo.
Published by Merchandising Academy · First lesson free to read
Course value
What will you be able to do?
Work outcome
You can assemble a complete export document set and find the error before the bank does, defend a classification, and plan a clearance so a delay at the border is a day you had allowed for.
Who it is for
Factory, supplier, brand and buying-office teams.
What you will produce
You build a claim-ready file for one shipment. You price the liability gap per kilo against your own cargo. You draw an insurance map showing which policy is in force on each leg, and where the gap is. You read a packing spec against the packing exclusion. You write an evidence checklist for the ninety minutes at the door. You run a general average security drill. And you work out a break-even on whether to insure at all.
Learning format
7 lessons · 0 templates · workplace calculations and decisions.
Lessons
- 01Two instruments, and the gap between them🔒15 min
- 02Who was supposed to insure🔒14 min
- 03What the policy actually says, and what it will not say🔒15 min
- 04Insufficiency of packing: the exclusion written for apparel🔒15 min
- 05The claim file, and the ninety minutes at the door🔒14 min
- 06General average: a bill for somebody else's emergency🔒14 min
- 07Whether to insure this shipment at all🔒13 min