IICL: Guide for Open Top Container Equipment Inspection Florida Introduction to open cover insurance

IICL: Guide for Open Top Container Equipment Inspection Florida Introduction to open cover insurance Introduction to open cover insurance – The floating policy and open cover – Brokers’ declarations – Valuations of declarations –Limit any one vessel – Locations limits – Cancellation clauses – Schedule of voyages and rates – Premiums – Classification clause – Overage AP’s – Declarations – Certificates – Renewal of a floating policy – Statistics – Rotation clause – The parity clause – Policies issued off open covers – Block policies – Open slips – Leading underwriter agreements – Profit commission ensuring the safe transit of cargoes and personnel between offshore installations