CargoLineBusiness

Description
This line of business aggregate describes and covers cargo in transit, regardless of the mode of transportation (i.e. Ocean or Inland), and while in storage.

Type : Aggregate
DataType : CargoLineBusiness_Type

Parents
COMMLPKGLOBS RESOURCE_CHOICE

Elements
AverageInventoryValueAmtThe estimated average value per shipment over the policy period.
CargoStorageInfoThis aggregate records information regarding the address of the storage location, the nature and value of the goods stored, as well as the ownership of the facility and its protection characteristics.
CoverageCoverages may be attached at several levels in the insurance model: at the line of business, at a risk (vehicle or property location), or with a person (such as a driver). The Coverage aggregate has been designed to be used by both Personal and Commercial Lines. Commercial Lines may need a supplement created to hold some additional information, but there is no additional information needed for Personal Lines. There may be multiple Limits, Deductibles and Options. However, the insurer may limit the number of any of those groups.
CoverageAvailableThis aggregate provides for coverage appetite and guidance by coverage in all aggregates that contain Coverage.
OptionThis aggregate contains Option information.
PropertyItemThis aggregate contains data elements that describe an item associated with a schedule. This may be any schedule item in personal lines or commercial lines, i.e., a personal property floater or a contractor's equipment floater. This aggregate may also be used to identify items that are excluded from a schedule.
QuestionAnswerThe Question and Answer aggregate allows for the additional underwriting questions outside of those found in the line-of-business specific underwriting or supplemental aggregates.