Guiding your property owning customers through the maze of bank interest clauses

  08JUNE2015                                                       PRIVATE CIRCULATION BANK INTEREST CLAUSES ON LOANS/MORTGAGES Guiding your property owning customers through the maze of bank interest clauses           What are bank interest clauses? Bank interest clauses are the insurance conditions that a bank inserts within a customer’s finance offering. These usually require specific provisions to be put in place, affecting…

Project Cargo what is covered?

Project Cargo what is covered? Physical Loss or Damage cover under the Material section of the Cargo Cover and not explicit excluded in the DSU(Delayed Start-up) Cover Which Clause do we use? London E.C. Bruce Endorsement under the Cargo Cover or equivalents in the local markets Project cargo insurance is coverage for equipment destined for…

Rejection Insurance

  Rejection Insurance This specialized insurance provides coverage for rejection or condemnation of the goods or cargo by government, port, health or veterinary authorities. Typically the cover is sought for seafood, meat and certain agricultural produce. Cover is normally arranged for a sea voyage from port of departure to port or place of destination and…