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The problem of the 110% increase in the US private line insurance (plus 1.1 times)

Date: 2017-04-06
Views: 34

U.S. green line 2. Special additional insurance Special additional insurance belongs to the category of additional insurance, but does not fall within the scope of all risks. It is related to the risks caused by political and national administrative regulations. At present, the special additional risks underwritten by the People's Insurance Company of China mainly include the following types. 1) War risk War risk (war risk) is responsible for compensation: losses directly caused by war, similar war and hostile acts, armed acts or piracy. The loss caused by the US special line and the resulting arrest, detention, prohibition, and seizure. Loss caused by various conventional weapons (including mines, torpedoes, and bombs), as well as sacrifices, apportionment, and rescue costs of the common average damage caused by the aforementioned scope of liability Not responsible for compensation: loss caused by the use of atomic or thermonuclear weapons. The insurance liability of war risk insurance is limited to water hazards, that is, when the cargo is loaded with a Shanghai ship or barge at the port of departure until the destination port is unloaded from the sea vessel or barge. If the sea liner or barge is not unloaded, the insurance liability shall be terminated by 15 days from midnight on the day the sea line arrives at the port of destination. If transferring at a midway port, regardless of whether the cargo is unloaded locally

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