Additional insurance Dictionary

Additional insurance is the scope of insurance liability attached to the main insurance category of maritime transport insurance. The additional risks currently covered are: (1) 9 types of special additional risks, namely war insurance, strike insurance, undeliverable insurance, import tariff insurance, deck freight insurance , rejection insurance, aflatoxin insurance, customs inspection Insurance, terminal inspection insurance. (2) There are 11 types of additional general risks, including theft, no risk of delivery, risk of freshwater rain, short-term risk, confusion, risk of contamination, risk of leakage, damage, risk of breakage, risk of odor, risk of humidity and heat, the hook Damage insurance, rust damage insurance, packaging breakage insurance.

introduction

In general, the existence of additional insurance is based on the existence of main insurance, which cannot be dissociated from main insurance to form more comprehensive insurance. However, there are also certain types of insurance that can be purchased as supplementary insurance or insured separately as primary insurance. Supplementary insurance relates to the main insurance, as its name suggests, refers to the complementary contract attached to the main insurance contract. It cannot be insured separately. To take out additional insurance, you must first take out main insurance.

Difference from main insurance

Primary insurance refers to the types of insurance that can be insured separately. Supplementary insurance refers to the types of insurance that cannot be insured separately but cannot be linked to the main insurance. When the primary insurance is terminated or suspended due to default, termination or expiration, the effectiveness of the additional insurance also follows. Termination or suspension.

Similarities and differences to basic insurance

1. The special situation of the car insurance classification

The car insurance classification is divided into basic insurance and supplementary insurance. Basic insurance includes solid compulsory insurance, liability insurance (three liability insurance), vehicle loss insurance (vehicle damage insurance), whole vehicle theft insurance (theft insurance), personal liability insurance to board, etc .; additional insurance includes separate glass breakage insurance and spontaneous combustion Loss insurance, excluding deductible insurance, etc.

2. Which is more important in the classification of car insurance?

It goes without saying that compulsory insurance is the most important of all types of insurance. What we usually call compulsory insurance (ie compulsory insurance against traffic accidents) is also general liability insurance. Compulsory insurance is a type of compulsory insurance. Motor vehicles must be purchased before they can be driven on the road, an annual inspection and an annual review.

Mutual configuration

In other words, primary insurance is an insurance product that can be insured separately. Our common life insurance, our pension insurance and our other types of insurance are the main insurance. Additional risks are the types of insurance that cannot be insured separately. People must add these types of insurance subject to purchasing primary insurance to receive the corresponding protection benefits. General insurance companies also have the word "additional" in the product name, such as "additional term life insurance", "additional hospital benefit", etc., which is relatively good to distinguish.

The effect of additional insurance is subject to the main insurance on time. If the effectiveness of the main insurance is suspended, then the effectiveness of the supplementary insurance is also suspended. There are many cases where the main insurance loses its effectiveness, which makes the complementary insurance attached to it seem less "reliable".

classification

Additional insurance can be divided into general supplementary insurance, special supplementary insurance and special supplementary insurance.

1. General additional risk. Additional general risks include the risk of delivery without theft, the risk of fresh water rain, the short-term risk, the risk of contaminated pollution, the risk of leakage, the risk of collision and breakage, the risk odor, the risk of humidity and heat, the risk of damage to the hooks, the risk of breakage of the packaging, the risk of damage by rust, etc. 11 types of insurance. They are included in all risks.

1) Theft, theft and non-delivery, called TPND: during the insurance period, the insurance company is responsible for compensating the totality of the unpaid loss after theft or theft of the insurance goods and after the goods arrive at their destination.

2) Damage due to fresh water or rain: during the transport of goods, the insurance company is responsible for compensation for losses caused by fresh water, rain water or melting snow . Fresh water includes fresh water tanks on board, leaking water pipes and sweat.

3) Shortage: Responsible for the shortage of insurance products and weight loss. Usually due to the shortage of packaged goods, the insurance company should know if the outer packaging has abnormal phenomena, such as broken, broken bags, torn seams, etc. For bulk goods, the difference between loading and unloading at delivery is calculated as the short Base amount.

4) Mixing and contamination: When transporting insurance products, damage caused by impurities is replaced. For example, ore mixed with mud, grass scraps, etc. and thus affected the quality. In addition, insurance assets are contaminated by contact with other substances, such as fabric, paper, food, clothing, etc. are contaminated with oil or colored substances, causing economic loss.

5) Leak: liquid and semi-liquid substances are the same as oily substances and leaks and replacements caused by damage to containers during transport. For example, wet envelopes stored in liquids cause the intestine to rot due to fluid leakage. Insurance companies are responsible for compensating for losses such as deterioration.

6) Shock and overheating: collision damage mainly concerns goods such as metal and wood, and crushing mainly concerns fragile substances. The first refers to the loss of the cargo itself due to vibrations, bumps and compression during transport; the second refers to the loss of the cargo itself due to the brutality, rudeness and shock of the means of transport during transport.

7) Risk of odor: for example, tea, spices, medicinal materials, etc. are affected by odors such as Pidi, camphor, etc. which are stored together during transport, resulting in loss of quality.

8) Risk of heating and sweating: for example, when the ship is traveling, due to sudden changes in temperature or due to failure of the ship's ventilation equipment, humidity in the cabin condenses , humidity and heat cause the loss of cargo.

9) Hook damage: loss caused by the use of hand hooks, hooks and other tools during the loading and unloading of insurance goods, such as loss of food leak caused by the broken hook of the food packaging bag. The insurance company takes out insurance In the history of insurance, compensation should be made.

10) Breakage of the packaging: loss of materials and contamination due to broken packaging. In addition, the insurance company is also responsible for the costs of replacement packaging and replacement packaging resulting from the need for continuous security during the transportation of insured goods.

11) Insurance against damage caused by rust: The insurance company is responsible for losses caused by rust during the transport of insurance goods. However, this rust must occur during the insurance period, if the original rust has already occurred, the insurance company is not responsible.

2. Special additional risks. Special supplementary insurance includes six types of insurance against delivery failures, import tariff insurance, bridge insurance, rejection insurance, aflatoxin insurance and fire insurance for export to Hong Kong and Macao.

3. Special additional risk. Including the risk of war and the risk of strike.

Supplementary insurance cannot be insured separately and one or more of them can be insured according to the needs of the freight on the basis of basic insurance. Once all insurance is insured, as all general insurance covers the scope of liability of all general complementary insurance