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NATURE OF CARGO INSURANCE POLICY
A marine or cargo insurance policy has an international character and, therefore, a policy taken in one country is acceptable in other country. This is because of the adoption of universally acceptable uniform rules governing insurance in different countries. Marine insurance in India is subject to the following legislations:
i) The Insurance Act, 1938; and Insurance Rules, 1939
ii) Marine Insurance Act, 1963.
In India, the cargo insurance cover is provided only by the Nationalised Insurance Companies. These companies operate within the standard rules and regulations including those which are provided in the "All India Marine Cargo Terrific'.
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TYPES OF LOSSES: Let us now discuss the extent of loss coverage provided in the insurance policy. For this purpose, you should first understand the mean of the term of "Loss".
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OBJECTIVES OF EXPORT-IMPORT POLICY : Government control import of non-essential Items through an import policy at the same time. all-out efforts are made to promote exports. Thus,
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The variables in the file ASSIGN, in order from column 1 by column 8, are: Week, SalesExp (unit sales in experimental group), SalesCntl (unit sales in control group), BPriceExp
NEED AND RATIONALE : Export documentation is commonly considered to be the most complex and difficult part of overseas marketing. You may have come across such comments as "export
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