Glossary
Free of Capture and Seizure (FC&S)
Tags: Glossary,
Insurance that provides coverage for loss or damage from detention by a foreign government or military force.
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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.
What does Free of Capture and Seizure (FC&S) mean?
Free of Capture and Seizure (FC&S) is a clause in a marine insurance policy that provides coverage for losses caused by piracy, terrorism, and other acts of war or political unrest. This clause ensures that the insured party is protected from losses that are beyond their control and not caused by their own negligence.
Related Glossary terms
→ Free Days
→ Free In and Out (FIO)
→ Free In (FI)
→ Free of Particular Average (FPA)
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