Mataracy
VIP Contributor
For the avoidance of doubt, and in occasional misunderstandings that have arising on this subject, we list below some of the vital documents that must be produced in support of a Marine claim. The documents would of course vary depending on the type of claim and whether it is on a ship, cargo or freight.
(1) CARGO
(I) The policy
(ii) The bill of lading which would evidence the terms and conditions of carriage and the apparent condition in which the goods where shipped.
(iii) Invoices, which would give details of the values, discounts and conditions of sale.
(iv) Certificate of survey. This would give details of the cause of the loss or damage and the gross sound and damaged values.
(V) Certificate of discrepancy. Insurers of some countries, for example, Nigeria where I reside also insist on a certificate of discrepancy issue by a shipping line or the ports authorities. This certificate certifies that some discrepancies occurred from the particular shipment and the certificate goes on to supply details of the discrepancies and it is signed by the authorized official. It enables the marine insurer to know the exact nature of a claim. It enables the marine insurer to know the exact nature of a claim.
(Vi) If the goods have been sold, a statement of account showing the proceeds from the sale.
(Vii) Letter of subrogation. This letter authorizes the insurers to sue in the insured's name when there is possibility of recovery from a third party.
(1) CARGO
(I) The policy
(ii) The bill of lading which would evidence the terms and conditions of carriage and the apparent condition in which the goods where shipped.
(iii) Invoices, which would give details of the values, discounts and conditions of sale.
(iv) Certificate of survey. This would give details of the cause of the loss or damage and the gross sound and damaged values.
(V) Certificate of discrepancy. Insurers of some countries, for example, Nigeria where I reside also insist on a certificate of discrepancy issue by a shipping line or the ports authorities. This certificate certifies that some discrepancies occurred from the particular shipment and the certificate goes on to supply details of the discrepancies and it is signed by the authorized official. It enables the marine insurer to know the exact nature of a claim. It enables the marine insurer to know the exact nature of a claim.
(Vi) If the goods have been sold, a statement of account showing the proceeds from the sale.
(Vii) Letter of subrogation. This letter authorizes the insurers to sue in the insured's name when there is possibility of recovery from a third party.