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coverage of seaway shipping cargo insurance

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Description

For the Sea freight forwarder:
Ⅰ. Perils of the Sea
1) Natural calamity
2) Fortuitous accidents

Ⅱ. Ocean losses and costs

A. Ocean loss
1) By the extent of the goods loss, it can be divided into a total loss and partial loss
2) By the nature of the goods loss, it can be divided into general average and particular average
(1) The definition of general average and particular average
(2) The conditions of general average
(3) The difference between general average and particular average: the cause reason and the responsibility are different.
(4) General average contribution
the beneficiaries of general average contribution include: the cargo owner, ship owner and the freight party.
There are two principles of general average contribution: contribution subject to the actual loss or additional expenses; Both of the loss party or non-loss party contribute the proportion of the total goods standard value.

B. Ocean costs
1) Sue and labor charges
2) Salvage charges

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