ACE Group Updates Marine Cargo Insurance Policy to Consolidate Coverage Components
The ACE Group's U.S. retail operation began offering an updated Maritime Open Cargo Policy that includes multiple coverage components into a single form, the company said. The single form includes an "easy-to-understand Conveyances clause, which includes the Vessel Classification wording…
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directly in the form" and "combined Warehouse-to-Warehouse and Marine-Extension clauses," it said.