INSTITUTE CARGO CLAUSES (AIR)/INLAND RAIL & ROAD & REGISTERED PARCELSENDINGS BY POST :

As mentioned earlier all types of cargo transit insurance is classified as marine cargo insurance. Different clauses govern the types of covers issued for various transits.

1. AIR CARGO – Institute CARGO CLAUSES (Air- excluding sending by post)) are attached to policy schedule which seek to insure transit of cargo by air. Attached clause would be the Institute War & Strike clauses (Air) as losses caused by war and strikes etc are not insured

2. POST – Transit insurance by post is also covered. There are no specific clauses designed but usually if by Road/Rail the Inland Transit Clauses (Road/Rail) are used. It is sometimes advised, in case of valuable parcels, to declare the value to postal authorities so that the same is insured.