Cargo Risk & Inspection Estimator
Configure shipment details to compute instant underwriting and auditing fees.
Institute Cargo Clauses Comparison Matrix (LMA/IUA Standards)
Understanding the legal distinctions between Institute Cargo Clauses (A), (B), and (C).
| Perils Covered / Risk Category | Clause (A) - All Risks | Clause (B) - Major Perils | Clause (C) - Minimum Cover |
|---|---|---|---|
| Fire, Explosion, Vessel Stranding & Sinking | Covered | Covered | Covered |
| General Average Sacrifice & Jettison | Covered | Covered | Covered |
| Earthquake, Volcanic Eruption & Lightning | Covered | Covered | Excluded |
| Entry of Sea, Lake or River Water into Container | Covered | Covered | Excluded |
| Total Package Loss Overboard During Loading | Covered | Covered | Excluded |
| Breakage, Chipping, Rough Handling & Shifting | Covered | Excluded | Excluded |
| Theft, Pilferage & Non-Delivery (TPND) | Covered | Excluded | Excluded |
Global Testing & Pre-Shipment Inspection Network
Accredited testing bodies operating across international shipping terminals and industrial parks.
Physical container loading supervision (CLS), visual carton sampling under ANSI/ASQ Z1.4 (ISO 2859-1), seal integrity verification, and weight tallying.
Pre-shipment verification of conformity (PVoC), factory social audits, material tensile testing, and customs valuation compliance.
Specialized chemical laboratory analysis, pesticide MRL screening for fresh produce, microbiological cultures, and ASTM stone compressive testing.
Frequently Asked Questions (Trade Risk & Claims)
Standard international maritime policies are insured for 110% of the CIF (Cost, Insurance, and Freight) value. The additional 10% covers the buyer's anticipated commercial profit and administrative costs in the event of cargo loss.
Under Documentary Letters of Credit (L/C), issuing banks mandate an independent Clean Inspection Certificate issued by an accredited surveyor (SGS/BV) before releasing funds to the exporter.
At major global trading hubs (Ningbo, Shanghai, Alexandria, Valencia, Rotterdam, Houston), inspectors can be deployed on-site within 24 to 48 hours of booking confirmation.
Original Insurance Certificate, Master Ocean Bill of Lading (B/L), Commercial Invoice, Packing List, Surveyor's Joint Damage Report, and Container Seal Numbers.