UFA SERVICES
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1. Marine Cargo Insurance
UFA provides you coverage for your imported cargo effected by all transport means whether by sea, by air or by land.
a- By Sea Freight: 3 types of cover are offered under Marine Cargo Insurance through Institute Cargo Clauses “A”, “B”, “C”.
|
RISKS COVERED |
CLAUSE “A” |
CLAUSE “B” |
CLAUSE “C” |
|
1- Fire or Explosion |
Yes |
Yes |
Yes |
|
2- Vessel or craft being stranded, grounded, sunk or capsized |
Yes |
Yes |
Yes |
|
3- Overturning or Derailment of Land conveyance |
Yes |
Yes |
Yes |
|
4- Collision or contact of vessel, craft or conveyance with any external object other than water |
Yes |
Yes |
Yes |
|
5- Discharge of cargo at a port of distress |
Yes |
Yes |
Yes |
|
6- Earthquake, volcanic eruption or lightning |
Yes |
Yes |
No |
|
7- General Average sacrifice |
Yes |
Yes |
Yes |
|
8- Jettison |
Yes |
Yes |
Yes |
|
9- Washing overboard |
Yes |
Yes |
No |
|
10- Entry of sea lake river or river water into vessel, craft, hold conveyance, container or place of storage |
Yes |
Yes |
No |
|
11- Total loss of any package lost overboard or dropped whilst loading on to, or unloading from vessel or craft |
Yes |
Yes |
No |
|
12- Piracy |
Yes |
No |
No |
|
13- Accidental damage and breakage |
Yes |
No |
No |
|
14- Theft |
Yes |
No |
No |
|
15- Malicious Damage |
Yes |
No |
No |
|
16- General Average and Salvage charges |
Yes |
Yes |
Yes |
|
17- Expenses properly and reasonably incurred by the Assured to minimize the loss |
Yes |
Yes |
Yes |
b. By Airfreight: (2) types of cover are available:
- Institute Air Clauses: it covers All Risks of loss of or damage to the subject matter insured.
- Total Loss: it covers total loss of the subject matter insured following a total loss of the aircraft.
c. By Land: (2) types of cover are available:
- Land Transit All Risks.
- Land Transit only : it covers loss of or damage to the subject matter insured following fire, collision, derailment and overturning of the carrying vehicle.
ADDITIONAL COVERS:
- War Risks (by Air & by Sea) waterborne only.
- Strikes, Riots and Civil Commotion (by Sea, by Air and by Land).
2. Hull Insurance
UFA provides cover for your pleasure craft against All Risks and Third Party Liability including Passenger Liability at terms and conditions to be agreed.
