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About choosing Malaysia special line in international trade

Date: 2017-04-07
Views: 53

Malaysia special line 1. Transportation clause The transportation term (transit clause) insurance period is mainly composed of 'warehouse to warehouse clause' and 'extended liability clause'. · 1) warehouse to warehouse clause under normal transportation conditions, the insurance liability period The warehouse to warehouse clause is adopted. Its basic content is: the insurer ’s insurance liability for the insured goods begins when the goods are shipped out of the consignor ’s warehouse or storage space specified in the insurance policy. Effective at the time of transportation, the Malaysian special line includes the sea, land Tun River and barge transportation during normal transportation until the goods are shipped to the final warehouse or storage place of the consignee at the port of destination (land) specified in the insurance policy , Or used by the insured as other storage spaces for distribution, distribution, or abnormal transportation; if they do not arrive at the above warehouse or storage, the insured goods shall be discharged from the ship at the last unloading port for 60 days; if When the insured goods are transferred to the destination specified in the non-insurance policy within the above 60 days, it will be terminated when the goods begin to be transferred. Malaysia Line

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