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.
Marine or aviation insurance covering damage sustained to an insured vessel or airplane. See also Hull (physical damage) coverages, aircraft. Suggest an improvement or addition to the Insurance and Risk Management Glossary. Buy a print version of the Insurance and Risk Management Glossary. Link to the Insurance and Risk Management Glossary.