The risks associated with conducting trade around the world have pre-occupied the minds of most merchants for centuries. Whenever goods move, they are indeed subjected to risk and their value might be partially or totally lost because of different reasons. As a business owner, this can be very critical to your enterprise.
3 Main Types Of Risk
3 Cargo Clauses (A,B and C)
A – This is considered the most comprehensive type of all risks policies which protect you from the effects of most problems, with the exception of strikes and wars. Be reminded that when you are dealing with a dangerous zone during the transit of your vessel, piracy is actually considered an act of war. If you want to minimize this, consider taking out specific cover.
B – This will cover several common risks on a reasonable attributable basis. Be aware that it is actually possible to attribute responsibility or perhaps even blame between different parties to a transaction.
C – This is the most restricted type of policy. It might only cover accidental damage, for instance.
Other Classifications Of Insurance Policies
Marine – This will apply to air and sea freight. It covers loading/unloading, weather issues, and problems with the vessel or airplane.
Truck Cargo – This will cover theft while a vehicle is unattended along with damage to the goods because of movement or collisions.
Voyage – Traders who are not frequently engaging in a trade might opt for specific cover with a policy which sets out the places of origin and destination. When the goods have arrived already, the policy expires. Hence, you need to do it all again the next time you need such coverage.
Open Cargo – This is the best option for regular exporters or importers. This is for an agreed timescale or total value, or both. Thus, if you must export thousands of goods in the next 6 months, you can actually cover such value. The service provider does not need to know where or when the goods are moving.
Tips For Choosing The Best Provider
Begin by approaching a general-purpose company to get a quote. You can actually ask for referral or recommendations from reputable businesses that frequently use this service. Be reminded though that marine freight insurance is a specialist area. So if you need such, it would be wise for you to seek for an expert.
سورہ مزمل شریف کا پہلا طریقہ:فجر کی نماز کے بعد سورہ مزمل ایک دفعہ پڑھنے کا ورد رکھے اور ان چار آیتوں کو تین تین دفعہ پڑھا کرے۔ (اول)رب المشرق والمغرب لا الہ الا ھوفاتخذہ وکیلا (دوم) واللہ یقدر الیل و النھار (سوم) یبتغون من فضل اللہ (چھارم)و استغفر و اللہ ط ان اللہ غفور رحیم ہ ط جب تمام ہو جو حاجت چاہے برآوے۔