Institute for Marine Cargo Clauses Coverage C:

a. is a "named-perils" policy includes.
b. coverage or goods washed overboard.
c. includes coverage for water damage, and total losses during loading and unloading.
d. covers goods that are damaged by improper packing.

A

Explanation:

Coverage C is the one of the Institute Marine Cargo Clauses and it is also referred to as a "named perils policy". It lists risks that will be covered and the list is limited to stranding, fire, collision, jettison and sinking. It does not include damages from rough weather, water damages, washing overboard and losses while loading and unloading.

Coverage C is insufficient for containerized goods, except goods that will not be affected by an international journey and, there won't be a major loss if lost overboard. Coverage C fits bulk cargo, as a loss is unlikely unless the ship has a major damage.

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