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What are the risks encountered by the Japanese special line?

Date: 2017-04-07
Views: 32

The Japanese special line collision liability loss means that the faulty ship shall be subject to the collision loss according to the law. The loss of the collision liability is divided into the responsibility for the loss of the collision ship and the loss of the cargo. The collision between the two ships will cause different due to the collision. loss. For the guilty party, the collision is impeded as a collision loss, which also results in a collision liability loss. That is, the guilty party not only bears the loss of its own ship caused by the collision, the Japanese special line also bears the ship and the cargo on board caused by the collision Loss; for the no-fault party, collision only causes collision loss, but not collision liability loss. The 'ship collision clause' in the scope of coverage of the Association ’s Cargo Clauses has two meanings, and the insurer covers this liability On the one hand, it is to provide more comprehensive insurance protection for the insured (consignor), and on the other hand, it is to protect the interests of the insurer. This clause stipulates that if the cargo carrier makes a reimbursement request to the ship's cargo owner (insured) in accordance with the 'ship collision liability clause' in the transportation contract, the insured must notify the insurer in time so that the insurer can pay for the insurance To defend the carrier ’s claim in the name of the person. Japan Line

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