Glossary
Terms & Glossaries of Shipping and Trading
All-Risk Insurance
A clause included in marine insurance policies to cover loss and damage from external causes, such as fire, collision, pilferage, etc. but not against innate flaws in the goods, such as decay, germination, nor against faulty packaging, improper packing/ loading or loss of market, nor against war, strikes, riots and civil commotions. For more information see Marine Cargo Insurance.
