OUR SHIPPING INSURANCE
Total Loss Coverage“C” Clause
- The premium is 0.45 % of the value of the goods with a minimum fee of $45. This coverage is the basic insurance which covers you for physical loss or physical damage attributable to fire or explosion, vessel or aircraft being stranded, ground, sunk or capsized, overturning or derailment of land conveyance, collision or contact of vessel, craft or conveyance with any external object other than water, discharge of cargo at a port of distress or caused by: general average sacrifice, jettison.
All Risk Coverage“A” Clause
- The premium fee is 0.95 % to 1.10% of the value of the goods with a minimum fee of $ 95. This covers all goods that have been packed by us or a professional, or manufacturer and includes loss, theft, damage and breakage. There is a deductible with All risk coverage which is between $ 500 to $ 1500.
FAQs about SHIPPING INSURNACE
Yes we can increase the insured value with the transport expenses.
No it’s facultative depending on shipper’s or consignee’s needs.
Yes for maximum coverage of USD 20 per kg dammaged or lost good You can do an additional insurance for a higher value.
No. If you need insurance we can provide a “Total Loss” or a “All Risks” insurance.