The All Risks of cargo insurance does not cover risks of__________.
A. earthquakes
B. generalaveragelosses
C. theinherentviceofthegoods
D. stranding
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Which of the following insurance coverage does not cover total loss of or damage to the cargocaused by earthquakes or lighting?
A. WPA
B. FPA
C. Institute Cargo Clauses (B)
D. Institute Cargo Clauses (C)
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)
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