INCO Terms and Freight Insurance Training
Our courses are a short course that can be completed by most learners in 4 hours, with a certificate of competency at the successful completion. A very high level of student interactivity to reinforce learning points, this could be the best investment of half a day you have ever made.
Description
Tens of millions of dollars in Insurance claims go unpaid every week.
Many disputes arise when incorrect international commercial (INCO) terms are used with incompatible Insurance Policy terms. INCO terms rules are intended primarily to clearly communicate the tasks, costs and risks associated with the global or international transportation and delivery of goods. INCO terms inform sales contracts defining respective obligations, costs, and risks involved in the delivery of goods from the seller to the buyer.
We have developed an INCO terms course that aligns with Freight Insurance, we will clearly explain the following over a 4 hour period;
INCO Terms;
-History
-What are INCO terms
-Why do we use them
-INCO terms overview
-INCO terms in detail
-Benefits and limitations
-Risks
-What is a deliver place
-Rules for transport
-Detail of INCO term on documents
-Legal enforceability
-Applications to NZ Legislation
-United Nations Convention
Freight Insurance:
-Cargo and risks
-Bills of lading and interpretation
-Institute clauses
-Referred and restricted cargo
-Restricted countries
-Containerised cargo and insurance
-Policy interpretation
-How INCO terms affect insurance claims
-Carriage of goods act 1979
-Claims