Marine Insurance

ID #1189

What is the minimum deductible in India under marine cargo policy?

A minimum of 0.5% of Invoice/ Consignment Value or Rs.5000 whichever is more is the standard deductible in India. The higher excess deductible options are available upon request and basic rates are considered by the insurance company, taking into account the higher excess deductible option.

Tags: -

Related entries:

Last update: 2011-10-31 14:53
Revision: 1.1

Digg it! Share on Facebook Print this record Send FAQ to a friend Show this as PDF file
Propose a translation for Propose a translation for
Please rate this FAQ:

Average rating: 2 (7 Votes)

completely useless 1 2 3 4 5 most valuable

You cannot comment on this entry