The terms of the transport insurance are governed by the clauses of the international organization LLOYD’S and their coverages are briefly described in the following categories:

• Coverage with Clause A (All risks) (against all risks) which covers all risks of damage during the trip, with the exception of events that are consistently excluded from insurance policies. Examples include fraudulent claims for compensation, contamination by radioactive materials, etc.

• Coverage with Clause B (concerns named risks) which covers key risks, as does clause C, but has a more extensive coverage, but this does not come close to the data of Clause A

• Coverage with Clause C (refers to named risks) with which key risks are covered, i.e. the client will be compensated if and when certain events occur, which have to do exclusively with specific risks such as

1. Land Transport: fire, impact, collision, overturning, deflection from the course (derailment or diversion from the roadway), etc. relative risks of accident (accidental event, independent of one’s will, with direct consequence of material damage to the insured objects)
2. Maritime Transport: fire, grounding, sinking, collision, participation in general avarice, etc. related risks arising from an accident (accidental event, independent of one’s will, with a direct consequence of material damage to the insured objects)