Adjusting Practices: Inland Marine and Transportation Insurance |
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Page 76
Under either type of policy herein described will be found a clause to the following effect : " Goods held by the assured without instructions from the owners to hold on storage shall not be considered as being held on storage .
Under either type of policy herein described will be found a clause to the following effect : " Goods held by the assured without instructions from the owners to hold on storage shall not be considered as being held on storage .
Page 93
It is also wise to point out that the terms of the storage receipt issued to the customer may not indicate all the rights of these customers inherent in the policy itself . In the first place there is no coverage under this form unless ...
It is also wise to point out that the terms of the storage receipt issued to the customer may not indicate all the rights of these customers inherent in the policy itself . In the first place there is no coverage under this form unless ...
Page 104
Second : Occasionally a customer will bring a garment to a furrier's place of business for storage and eventually ask that it be sent to her by Express without giving any indication of the value to be declared to the Express Company ...
Second : Occasionally a customer will bring a garment to a furrier's place of business for storage and eventually ask that it be sent to her by Express without giving any indication of the value to be declared to the Express Company ...
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Common terms and phrases
accepted actual adjuster agent agreed agreement amount and/or apply assured assured's authority baggage bailee bill of lading carried carrier caused charges claim clause Commission common carrier consideration considered consignee contained contract court cover delivered delivery described determine effect endorsement event examination exceeding express extent fact fire Floater freight furrier garment give given indicated inland insurance company interest involved issued jewelry less liability limit loss or damage marine matter ment merchandise motor named nature necessary notice occurred operations otherwise owner packages paid particular parties person possible premium present protection question railroad reason receipt received reference respect result risks rules shipment shipper similar storage tariff theft thereof tion transit transportation truck underwriter unless usually writing