A recent pronouncement by the National Consumer Disputes Redressal Commission ( NCDRC) appears to have all aspects of strangemess, be it in the basic case itself, the arguments put forth from both sides and the judgement on appeal. The case referred to here is Dujodwala Products Ltd vs National Insurance Company Ltd. Dujodwala Products Ltd […]
STOP , the abbreviated form of Sales TurnOver Policy seems to be the only way in India, a marine cargo policy can be structured. Further, STOP is supposedly easily and well understood by the masses, the youngsters who come into the industry and the veterans too. It is such a simple product — every transit
Judgement in The Swashplate case over-ruled on appeal . How?
Blinded by lower price, basics are missed out which in a claim scenario can prove suicidal
Exact time when cover attaches under a marine policy — Is it the time at the place where the policy is issued or where the loading is happening?
Misunderstand & mis-selling of warehouse to warehouse clause. Does such a clause exist?
Can a cargo claim be denied because prohibited labor was used somewhere in the supply chain?
Intentional storage cover for liquid bulk cargo under marine cargo insurance — CL 435 & 435 provide the answer
In case of certain types of cargo, it is worthwhile having an alternate BOV in the policy as it proves a ‘win-win’ for both assured and insurer
Scuttling of Stellar Banner throws up some interesting questions on insurance
