Which of the following coverage does not cover partial loss or damage resulting from natural calamities?
A. WPA
B. FPA
C. Institute Cargo Clauses (A)
D. Institute Cargo Clauses (B)
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WhichofthefollowingrisksisnotcoveredbytheAllRiskscoverageofmarinecargo transportationinsurance?
A. Delay
B. Flood
C. Lightning
D. Heavy weather
Which of the following terms requires the seller to procure insurance?
A. CIF
B. CFR
C. FOB
DAP
After the conclusion of an insurance contract, the insured is responsible for_________.
A. payment of the insurance indemnity
B. payment of the premium
C. payment of the insurance amount
D. payment of the insurable interest
After the conclusion of an insurance contract, the insurer is responsible for_______.
A. the issue of insurance policy
B. the issue of bills of lading
C. the issue of application for insurance
D. the issue of the ship