A formal exemption of a right to claim.
Read MoreWar risk insurance
Insurance coverage against war risks as outlined in detail in some dozen rather than specific paragraphs of an insurance policy. The policy conditions must be read for complete understanding. In general, they cover risks of captured seizure, destruction or damage…
Read MoreWarehouse receipt
A document listing the goods or commodities deposited in a warehouse. It is a receipt for the commodities listed, and for which the warehouse is the bailee. Warehouse receipts may be negotiable o non negotiable. A warehouse receipt made out…
Read MoreWarehouse-to-warehouse clause
Insurance coverage of international cargo from export warehouse to import warehouse. There is often limitations, such as a limit on the time coverage is in force after the goods arrive o the buyer´s side, but before finally delivery takes places….
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