Presentation – Letter of Credit Documents

What are the documents commonly used in letter of credit transactions? Understanding the main characteristics and usage of the letter of credit documents.

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6. Insurance Documents

  • Cargo insurance is defined as an insurance policy taken up to protect insurance
    holder against loss of or damage to the goods during the transportation.
  • There are 3 main cargo insurance types available for sea and road shipments.
    • Institute Cargo Clauses (A) => widest protection coverage
    • Institute Cargo Clauses (B)
    • Institute Cargo Clauses (C) => minimum insurance coverage
  • Institute Cargo Clauses (Air) used in air shipments.
  • For detailed information please visit our cargo insurance documents page.
Cargo Insurance Documents