Institute Cargo Clause C: It is the most restrictive coverage, and you should be ready to pay the low premium. However, as the premium would be low, your coverage would also be less.
Institute cargo clauses come embedded in a marine insurance policy which covers cargo in-transit. These clauses are there to specify what kind of items in the cargo is covered in case of any loss or damage to the shipment. It is interesting to note; institute cargo clause can cover anything from the cargo to the