Cargo Insurance
As we know, cargo shipping is related with risk management. Therefore, insurance of goods delivery is especially important.
We recommend you to use our cargo insurance.
The insurance is valid at all stages of delivery, beginning with loading on the vehicle and ending with landing on the customer warehouse. We insure the goods against all risks: damage, total or partial destruction, loss, and others. In the event of loss we'll make inspection and assessment of damaged goods, provide the data to the insurance company and draw up all the necessary documentation.
The insurance coverage amount is depending on the type, cost, route of transportation of cargo and a number of other factors. We guarantee the timely insurance payments.
* Insurance cases - how it happens sometimes.
Our insurance conditions is the most profitable and reliable solution for the most demanding customer. Our insurance is based on the standard international conditions for the following risk groups:
* All risks
1. Damage from the loss, shortage and damage (deterioration) of all or part of the insured cargo, caused by any reason, except specified and privately stipulated cases.
2. Costs:
- on payment of general average contributions ;
- on payment of necessary and sufficient measures to rescue the insured cargo and reduce losses, including costs of goods repackaging;
- on payment of emergency commissioners, surveyors and experts services, made to establish the causes and extent of the damage.
* Risks of private accident"
What will be compensated (in accordance with terms and conditions of insurance of the goods):
1. Damage from the loss, shortage and damage (deterioration) of all or part of the insured cargo caused by some of the following events:
- fire or explosion;
- running aground, ashore, flooding or capsizing of the vessel or barge;
- collapse of the aircraft, overturning or derailment of ground vehicle;
- collision of the vehicle with any external object;
- vehicle loss without a trace;
- cargo unloading at the port of distress or in accident place;
- earthquake, volcanic eruption, lightning, hurricanes, floods and other natural disasters;
2. Damage from the loss and damage (deterioration) of all or part of the insured cargo, occurred because of:
- flushing wave or throwing overboard;
- penetration of sea water;
3. Damage from a total loss of cargo due to its fall during unloading or loading on the vehicle:
- on paymant of general average contributions;
- on payment of necessary and sufficient measures to salvage the cargo and reduce losses, including the costs of goods repackaging;
- on payment of services of emergency commissioners, surveyors and experts, made to establish the causes and extent of the damage.
* Risk of ruin
What will be compensated (in accordance with terms and conditions of insurance of the goods):
1. Damage from the loss, shortage and damage (deterioration) of all or part of the insured cargo caused by some of the following events:
- fire or explosion;
- running aground, ashore, flooding or capsizing of the vessel or barge;
- collapse of the aircraft, overturning or derailment of ground vehicle;
- collision of the vehicle with any external object;
- vehicle loss without a trace;
- cargo unloading at the port of distress or in accident place;
- earthquake, volcanic eruption, lightning, hurricanes, floods and other natural disasters;
2. Damage from a total loss of cargo caused by the flushing wave or throwing overboard:
- on paymant of general average contributions;
- on payment of necessary and sufficient measures to salvage the cargo and reduce losses, including the costs of goods repackaging;
- on payment of services of emergency commissioners, surveyors and experts, made to establish the causes and extent of the damage
The insurance conditions guarantee that your goods will be insured during transit storage in warehouses, unloading/loading process from one vehicle to another, as well as the goods loading in the warehouses of the sender and unloading at the warehouses of the recipient.
We can assist with organizing of inspection of the damaged goods. Also, we can help to collect all documents that insurance company need for compensation payments.
We make sure our customers can solve the problem correctly if insured event happens, so we provide written instructions.
