Marine Insurance

ID #1190

Will the carrier pay transit losses for goods they carry?

Carriers are not obligated to pay for the losses that occur beyond their control though they entrust in safe delivery of cargo. They will   / may charge additional cost from the owner on account of providing limited / fixed liability in the event of loss to goods they are carrying.

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Last update: 2011-10-31 14:50
Revision: 1.0

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