Offshore Risk Management
ORM
Administrative office: POB 522796, Marathon, FL 33052-2796
Marine Insurance Services Worldwide
Offices in North America, the Caribbean & London
Email: cargo@offshorerisk.com
Tel: (305) 743-7711 Toll-free: (800) 773-0105 Fax (408) 228-8937 www.offshorerisk.com
CargoCare
Summary of Marine Clauses
ICC (A), (B) and (C)
Institute Cargo Clauses (C) EXCLUSIONS
Fire & Explosion These standard exclusions apply to Institute
Cargo Clauses A, B & C
Stranding, grounding, sinking or capsize of 1. Willful misconduct of the Assured
vessel 2. Ordinary leakage or loss in weight or
volume
Overturning or derailment of land conveyance 3. Wear and tear
Collision or contact of vessel/conveyance with 4. Insufficient or unsuitable packing
any external object other than water arrangements
Discharge of cargo at port of distress 5. Inherent vice
General Average sacrifice 6. Delay
7. Insolvency of ship owners or
Jettison charterers
8. Nuclear or atomic weapons
Institute Cargo Clauses (B) 9. Unseaworthiness of vessels or
Includes Institute Cargo Clauses (C) plus containers
Washing overboard 10. Malicious damage [(ICC (B) and (C)
Earthquake, volcanic eruption or lightning only]
Entry of sea, lake or river water into vessel,
War and Strikes Risks
craft, hold, conveyance, container, liftvan or
place of storage Cover for War, Strikes and Riots is available
Total loss of any package lost overboard or and is usually purchased separately and
dropped whilst loading or unloading vessel or incorporated within the Marine Cargo Policy at
craft the standard market rate.
Institute Cargo Clauses (A)
Includes Institute Cargo Clauses (B) plus
Accidental and/or malicious damage
Offshore Risk Management is a fictitious (trading) name of ORM Inc., a Florida Corporation, FEIN 650622277. Registered
office is 10887 Overseas Highway, Marathon, FL 33050
Visit our website www.offshorerisk.com for a complete disclosure of Business Principles & Practices.