Open Cover - For large exporters and importers who have continuous trade, an open cover is issued.
Duty and increased value insurance - provide extra insurance if the value of the cargo is increased due to payment of customs duty or increase in the market value of the goods at the destination on the date of the landing
Delay in Start Up - In case of new project any loss or damage to the equipment during transit may involve ordering of fresh equipment which leads to delay in completion of the project, and thereby loss of profits.
Marine hull insurance is done as per international clauses applicable across different countries.Hull refers to the body of a ship or other water transport vessel
Covering a particular Voyage: The set of clauses used here are called Institute Voyage Clauses
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