January, 2011
Commercial Inland Marine Program
Summary: Under the current commercial inland marine program of Insurance Services Office, one form—Mail Coverage Form, CM 00 60 03 10—covers valuable mail shipments made by financial and fiduciary organizations. It provides coverage against risks of direct physical loss (accidental loss or damage) to covered property. The property may be sent by first class mail, certified mail, United States postal service express mail, and registered mail. The coverage is written on a reporting basis with reports and premiums being sent to the insurer on a regular basis as shown on the declarations page. Several endorsements are available for use with this coverage: Transfer Agents Mail, CM 60 08 09 00; Securities Sent Under Air Bill, CM 60 09 09 00; Securities Sent By The Treasury Department, CM 60 10 09 00; and Flat Premium Per Shipping Package, CM 60 02 09 00.
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