Named Perils

Named perils coverage is an insurance coverage that protects against losses caused only by specific perils listed in the policy, as opposed to all-ris...

A concept describing how risk of loss or damage to goods during transit is allocated under Incoterms, limited to specific named perils as defined in t...

A Named Bill of Lading is a freight document that is issued in the name of a specific person or company, transferring ownership rights of the cargo.

Under FCA, the seller delivers the goods, cleared for export, to the carrier at the named place of delivery. Risk passes to the buyer when the goods a...

Under CPT, the seller delivers the goods to the carrier contracted by the seller, pays the carriage to the named place of destination, and the risk tr...

CPT (Carriage Paid To) means the seller pays for the carriage of the goods to the named destination place. The risk transfers to the buyer when the go...