Cargo transportation insurance costs involved in
Perils of the sea will result in expenses, mainly costs of a rescue and relief. The so-called rescue costs refer to the insured cargo is subjected to disasters within the scope of insurance liability accident, the insured person or his agent or insurance policy the assignee, in order to avoid or reduce losses to take various measures would be reasonable costs incurred . The so-called salvage costs refer to the insurer or third party other than the insurer adopted effective relief measures, the compensation paid by the rescued party.
Insurers are liable to pay compensation for these costs, but the total amount does not exceed the insurance limit.
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