Marine cargo insurance

Japanese: 貨物海上保険 - かもつかいじょうほけん（英語表記）marine cargo insurance

Marine insurance that covers cargo. Also called cargo insurance. Marine insurance that covers ships is called hull insurance. Cargo marine insurance covers not only the cargo itself, but also freight, import taxes, and expected profits. When making a contract, English insurance terms and conditions that conform to the British Marine Insurance Act (promulgated in 1906) and Japanese insurance terms and conditions that conform to Japan's Commercial Code are used. The former is used for import/export cargo and cargo transported between three countries, while the latter is used for cargo on domestic coastal routes. The former is an important document for trade transactions along with bills of lading and letters of credit.

Source: Heibonsha World Encyclopedia, 2nd Edition Information

Japanese:

海上保険のうち貨物を対象とする保険。積荷保険ともいう。なお，船舶を対象とする海上保険は船舶保険と呼ばれる。貨物海上保険では貨物自体のほか，運賃，輸入税，希望利益などもその対象となる。契約にあたっては，イギリスの海上保険法Marine Insurance Act(1906公布)に準拠した英文の保険約款･証券と，日本の商法に準拠した和文の保険約款･証券とが使われている。前者は輸出入貨物および三国間輸送貨物に，後者は国内沿岸航路の貨物にそれぞれ用いられ，とくに前者は船荷証券，信用状などとともに貿易取引の重要な書類となっている。

出典　株式会社平凡社世界大百科事典第２版について　情報

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