Wordings Library
Marine
Clause explained
Institute Cargo Clauses
Standard market cargo wordings—commonly A, B, or C—with different covered-peril structures and exclusions.
Meaning
Standard market cargo wordings—commonly A, B, or C—with different covered-peril structures and exclusions.
Why insurers use it
To provide recognised transit wording and a common basis for pricing, trade, and claims handling.
Effect on coverage
Clause A is broader but still subject to exclusions; war and strikes commonly require separate clauses.
Illustrative example
A shipment arranged under CIF may carry Clause C minimum cover while the buyer expects broader protection.
Claim consequence
A loss can fall outside the selected clause set or an attached exclusion despite an 'all risks' label.
What the insured should negotiate or check
Check exact edition, A/B/C selection, voyage, valuation, war/strikes, delay, packing, sanctions, and termination of transit.