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Goods are to be insured at 110% CIP value. Total invoice value for the goods is US $26,000.00. The total ocean freight is US $6,000.00.
Goods are to be insured at 110% CIP value. Total invoice value for the goods is US $26,000.00. The total ocean freight is US $6,000.00. Canadian inland charges and handling total is US $750.00. Marine insurance rate is 0.25%. What will be the insurance premium paid for this cargo
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