A cargo clause in respect of pipes or cargo similar in length, which provides that damaged cargo should be cut off, leaving the good in pieces for the account of the Insured.
A cargo clause in respect of pipes or cargo similar in length, which provides that damaged cargo should be cut off, leaving the good in pieces for the account of the Insured.
(1) A person trained in evaluating risks and determining the rates and coverage that will be used for them; (2) An agent, especially a life insurance agent, who might qualify as a “field underwriter.” In theory, the agent is supposed to do some underwriting before submitting the case to the home office underwriter; i.e., to make a decision on the basis of facts known to him on whether or not the risk is sound, and to report all facts known to him that might affect the risk.