Cerebral hypoxia is an emergency condition that needs to be treated right away. The sooner the oxygen supply is restored to the brain, the lower the risk of severe brain damage and death. Treatment depends on the cause of the hypoxia. Basic life support is most important.
Function. Marine cargo insurance is used to manage risk associated with shipping goods from place to place. FOB, an acronym for Free on Board, means the seller bears the risk until the title transfers to the buyer, which is usually at the buyer's warehouse or when delivery is complete.
Cargo Insurance Guide. How to Value Cargo for Insurance. Normally, we calculate the insured value by taking the FOB value, adding the ocean or air freight, and adding 10%. of that total. Thus, a shipment valued at $10,000 with $2,000 ocean freight would hav e an insured value of $13,200.