A shipper obtains a cargo insurance policy on 400 sealed crates of Grade A industrial grinding wheels.

Question:

A shipper obtains a cargo insurance policy on 400 sealed crates of “Grade A” industrial grinding wheels. In fact, the grinding wheels were contained in 400 burlap sacks and were of secondhand stock. Does such a variation in the description of the insured goods jeopardize the shipper’s coverage?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: