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Frequently Asked Question
Recommended: Institute Cargo Clauses A (ICC-A) — the broadest all-risks marine cargo cover. ICC-A covers all risks of loss or damage except war, strikes, inherent vice, and deliberate damage. For high-value cargo (pharma, gems, electronics): ICC-A plus War Risk cover (separate endorsement) plus Strike, Riots and Civil Commotions (SRCC). Insure for CIF value + 10% (standard practice). Note: CIP Incoterm requires ICC-A minimum; CIF Incoterm only requires ICC-C minimum — always upgrade to ICC-A.
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