A shipment of steel scraps from Indonesia in container loads was inspected by an inspection agency before loading, packed into containers and sealed. At this stage, the shipment was done perfectly with videos of inspection, etc. When the shipment arrived at the destination port, the material inside the container was found to be bricks instead of steel scrap. Will a marine insurance cover this type of risk? If not, what type of insurance will cover such risks?
If a policy is taken for covering all risk according to the Institute Cargo Clauses–A, this type of loss is covered. If a