Goods covered under a marine policy must be carried by a customary method of carriage, and the transit must be conducted by the most direct route to the specified destination without unreasonable delay.
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Delayed Payment Clause
In Life Insurance, a clause deferring payment to the beneficiary for a specified period after the death of the insured with proceeds to be paid to contingent beneficiaries or the estate if the primary beneficiary does not survive the delay. It is used as one method of handling common-disaster situations, such as the death of the insured and the death of the primary beneficiary occurring in the same accident. The clause usually states that the beneficiary has to survive the death of the insured by a certain period of time in order to collect.