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Malaysian dedicated air transportation process

Date: 2017-04-03
Views: 76

The Malaysian green international marine transportation insurance is referred to as marine cargo insurance, which refers to marine cargo or ships as the insurance subject, and takes the risks, losses and expenses that the cargo and ships may suffer during marine transportation as a type of protection. Insurance. Maritime insurance belongs to the category of property insurance and is the most important kind of insurance in international cargo transportation. International marine transportation is faced with special risks, such as irresistible natural disasters such as typhoons and tsunamis at sea, accidents such as reef strikes and stranding, and disasters such as pirate and crew illegal behavior. There are also costs incurred to minimize losses. Therefore, the insurance cover of marine cargo insurance mainly includes risks, marine losses and expenses of Malaysian private lines. 1. Risks Due to the different nature of risks, not all risks can be covered by the insurer. The risks that can be insured by the insurer are called insurable risks. Insurable risk is a pure risk rather than a speculative risk. The occurrence of the risk must be accidental and unexpected. The loss caused by the risk can be measured in currency. The risk must make a large number of subjects have the possibility of loss, and The loss caused by the risk should be significant. With the economic development and the improvement of technical level, the accumulation of insurer funds has increased and the level of insurance has increased.

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