All-risks insurance policy – insurance against all causes of conceivable loss or damage, except:


a. Excluded risk stipulated in the policy, or

b. due to fraud or intentional misconduct on the part of the insured (Chao Tiek Seng v. CA, GR. No. 84507, Mar. 15, 1990).


The insured has the initial burden of proving that the cargo was in good condition when the policy attached and that the cargo was damaged when unloaded from the vessel; thereafter, the burden shifts to the insurer to show the exception to the coverage.