{"id":355,"date":"2020-04-15T10:32:56","date_gmt":"2020-04-15T10:32:56","guid":{"rendered":"https:\/\/sudhirkumarjain.com\/shop\/?p=355"},"modified":"2020-04-22T11:40:53","modified_gmt":"2020-04-22T11:40:53","slug":"insurance-issue-of-the-week-44","status":"publish","type":"post","link":"https:\/\/sudhirkumarjain.com\/shop\/insurance-issue-of-the-week\/insurance-issue-of-the-week-44\/","title":{"rendered":"Insurance Issue of the week-44"},"content":{"rendered":"<p><strong>Per Location Limit Vs Location Clause under Marine Insurance<\/strong><\/p>\n<p>There are two limits in the marine; insurance policy namely per bottom limit and per location limit under former limit the consignment value is defined per vessel\/transport and in the later 200% of the former value is the limit for the material is lying at port\/transporter godown for the reasons strike or labour disturbance in the port area. In case the value of consignments is expected to be more than 200%, the \u201cLocation Clause\u201d should be incorporated which means the consignments up to that value can be kept for any reason at one location not only waiting of ship\/port strike. In practice the Insurer is enhancing value of per location limit as required by Insured but it will have limited coverage\u2019s.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Per Location Limit Vs Location Clause under Marine Insurance There are two limits in the marine; insurance policy namely per<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-355","post","type-post","status-publish","format-standard","hentry","category-insurance-issue-of-the-week"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/posts\/355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/comments?post=355"}],"version-history":[{"count":1,"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/posts\/355\/revisions"}],"predecessor-version":[{"id":356,"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/posts\/355\/revisions\/356"}],"wp:attachment":[{"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/media?parent=355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/categories?post=355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudhirkumarjain.com\/shop\/wp-json\/wp\/v2\/tags?post=355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}