Transport Insurance Contract

Insurance for the transport of goods, such as other types of insurance, is enforced by a contract, which is referred to as freight transport insurance. The parties to this contract are the insurer, usually the owner of the goods or the person responsible for the maintenance of the goods during the carriage (transportation agent) or any other person who benefits from the survival of that commodity. Like a bank that credits the owner of the goods and the goods are on his bail, and the other party is an insurance company.

The insurance contract in each country is issued in accordance with the laws and regulations of the insurance company in that country. However, transportation of goods from one country to another, especially when carried out by ship, is also affected by some international issues and regulations. Some institutions have long been regulating the law so that the rights and obligations of the insurer and the insurer in these types of insurance are uniformly uniform to prevent conflicts arising from different perceptions during the occurrence of accidents. Today, these terms and conditions of insurance in most countries of the world are subject to minor differences in the practice of insurance companies. One of the most famous of these institutions is the London Insurance Institute. The insurance policy developed by this institute for the transportation of goods is:
1 F.P.A terms abbreviated to Free of Particular Average (no special damages)
2 W.A Condition With Abuse (With Special Damage)
3 All risks condition
Since 1984, a new set of conditions has been introduced, which is referred to as A.B.C, which has been replaced by F.P.A, W.A, and All Risks respectively. Approximately two thirds of the world's countries use the forms of the London Institute of Insurance. According to the explicit terms used in the context of the insurance policies of Iranian insurance companies, the insurers of the London Insurance Institute are an integral part of Iran's insurance contracts and determine the rights and obligations of the parties in this contract.
Types of transport insurance products
Simple insurance
The insurance is issued for the carriage of certain goods, from which, from the outset, the insurance specifications, including the type of goods, the amount and value of the goods, the manner and manner of carriage, and other matters that specify the rights and obligations of the parties to the contract. Therefore, the issuance of this insurance policy is that the insurer has already been informed about the status of the insurance and how it is carried, and will provide this information to the insurer.
General Insurance
A general insurance is a general contract concluded between the insurer and the insurer, in which the terms of insurance and the general outline of the rights and obligations of the parties are determined, but the specifications of the products and their method of transportation are communicated to the insurer when the insurer takes delivery of the goods. By issuing such insurance plans, all of the transportation which the insurer specifies and how to carry any quantity of goods that are placed in transit, such as the type and quantity of goods, the value of the goods, means of transport, origin, destination and, in general, everything that is specified in the insurance policy The public is not foreseeable and needs to be informed by the insurer before shipping. In the general insurance policy, the maximum amount of any cargo that the insurer is allowed to carry with a ship or a land vehicle or air carrier is determined. The insurer shall not be entitled to carry a good whose value exceeds the specified amount in conjunction with a vehicle, unless it has already obtained the consent of the insurer