Basic risks stipulated in the marine cargo insurance clause of China People's Insurance Company

F.P.A., W.P.A. and All Risks are the basic risks stipulated in the marine cargo insurance clauses of China People's Insurance Company.

1. FPA: The basic liability mainly includes the loss or damage of goods caused by accidents.

2. Waterlogging (waterlogging): losses caused by disasters, that is, direct economic losses caused or increased within the scope of responsibility for waterlogging (waterlogging).

3. All Risks: When the goods are threatened, lost or destroyed due to natural reasons such as wind, sand, rain and other unspecified special reasons, the property owner can get compensation.