I was asked to give a presentation about marine insurance, I have gone through so many UA-cam videos for understanding the concept... And guess what! This video comes to resort and my job is done... Thank you so much!
Helped me for the last night preparation of exam, thank you ❤ Leaving this comment so that anyone who is in the same situation sees this comment and realise they are not alone in this🌼
Would freight insurance cover counterparty risk in the event the cargo owner (a commodity trader for example) goes bankrupt whilst the vessel is on voyage? Generally if a cargo owner such as a trader charters a vessel on a voyage charter, the cargo owner would pay the freight at the end of the voyage upon inspection and customs clearance, etc. so the freight operator or shipowner has exposure and without any sort of invoice to be claimed as cargo hasnt been unloaded. If not, would this be covered by the defaulting traders bank, who presumably has issued an LC for the cargo or would that LC only provide security to the cargo buyer? Would this detail be something covered within INCOTERMS such as C&F or CIF?
As per my knowledge you would have to appear for an IRDA exam with your specific choice of general insurance field conducted by Insurance Institute of India. Qualifying that exam will give you certification to apply and work with any insurance company. Marine insurance being a part of general insurance you should look out for specific job role vacancy in that.
You are doing good but I suggest you to learn pronunciation of few words which you have used in this video, there is nothing called Hull insurance, that is called as the Hull and machinery insurance, second is P&I insurance, then Cargo insurance.
this vid covers my Law of Insurance exam.
I was asked to give a presentation about marine insurance, I have gone through so many UA-cam videos for understanding the concept... And guess what! This video comes to resort and my job is done... Thank you so much!
Hlo
I love u
Ramya
@@venkatasumanth4760 hellooo
Helped me for the last night preparation of exam, thank you ❤
Leaving this comment so that anyone who is in the same situation sees this comment and realise they are not alone in this🌼
Great job! Thanks for sharing with us.
Exactly same here
Thanks mam,
I learn a lot about marine insurance.
mam, could you explain about importance of marine insurance
It is a good attempt but the perils covered and exclusions which are there do not seem exhaustive
Would freight insurance cover counterparty risk in the event the cargo owner (a commodity trader for example) goes bankrupt whilst the vessel is on voyage? Generally if a cargo owner such as a trader charters a vessel on a voyage charter, the cargo owner would pay the freight at the end of the voyage upon inspection and customs clearance, etc. so the freight operator or shipowner has exposure and without any sort of invoice to be claimed as cargo hasnt been unloaded. If not, would this be covered by the defaulting traders bank, who presumably has issued an LC for the cargo or would that LC only provide security to the cargo buyer? Would this detail be something covered within INCOTERMS such as C&F or CIF?
Thank you so much for this simple explanation😊
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Hiii
I love u
Iam asking to give a presentation about Marine
Thank you so very much.
How can I become a marine insurer/underwriter?
Superb💯. 🙏🙏✍✍👍
Thanks. Glad that the video was helpful. Kindly keep up the support on channel.
Thank you mam, please upload eng subtitle
Good , Thank you
I want to know marine rate from you... Please tell me marine rate based on item or goods...please
With due respect I wish to thank you very much for such simple explanation of Marine insurance..it's nice to hear..
Really motivating. Thank you. Keep up the support.
Good session mam
Thanks for commenting Smita. Kindly keep up the support on channel.
How to become a Marine insurance Broker or agent??? As am a Freight Forwarder. Pls do advise.
As per my knowledge you would have to appear for an IRDA exam with your specific choice of general insurance field conducted by Insurance Institute of India. Qualifying that exam will give you certification to apply and work with any insurance company. Marine insurance being a part of general insurance you should look out for specific job role vacancy in that.
@@DevTechFinance Tks.
Good explanation
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@@DevTechFinance sure thing! Cheers! 😊
Destination kya
Thanks you so much
Glad that you liked. Keep up the support on channel.
Thank you maam
Thank you
Welcome. Keep up the support on channel.
B v bellad law college Belagavi
You are doing good but I suggest you to learn pronunciation of few words which you have used in this video, there is nothing called Hull insurance, that is called as the Hull and machinery insurance, second is P&I insurance, then Cargo insurance.
Thank you for feedback.
Superr
Thanks for commenting. Glad that the video was helpful.
❤❤❤
Thanks for support
I want Telugu videos
👍🏻