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单词 interstate commerce commission endorsement
释义

interstate commerce commission endorsement

Definition
An endorsement that guarantees losses to cargo will be insured, regardless of whether the hazard causing them is covered by the policy. This endorsement is mandatory for all policies written for interstate motor carriers who are hired to haul cargo. Losses paid out under this policy caused by a hazard not listed in the policy must be repaid by the carrier.
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更新时间:2025/1/22 19:51:03