International Cargo Insurance and Risk Management
“All Risks” Coverage
We strongly recommend ICC (A) conditions—commonly known as “All Risks.” This policy type covers physical damage or loss from any external cause (excluding willful misconduct). It offers the maximum level of protection, turning international cargo insurance into a genuine safety net for your business capital.
Competitive Rates
Due to our high volume of shipments, we secure preferential rates from major insurance houses. The cost of shipping insurance for our clients is often lower than approaching a broker directly. While the premium depends on the commodity, route, and packaging, our rates remain highly competitive within the global market.
Swift Claims Settlement
The true measure of an insurance policy is the speed of the payout. Our cargo insurance agreements feature a simplified claims procedure. We handle communications with surveyors and gather the evidentiary base, ensuring you receive compensation without unnecessary delays.
Protection for All Categories
We insure more than just standard pallets. Our expertise covers complex scenarios, including oversize transport, fragile equipment, electronics, and temperature-controlled cargo. Individual terms and deductible options are tailored for every specific category of goods.
How to Issue a Freight Insurance Policy
The insurance process is automated to minimize bureaucracy, allowing you to focus on your core business:
1. Application
You provide the commercial invoice (value confirmation) and packing list.
2. Rate Calculation
We analyze the specific route (e.g., a multimodal transport scheme combining “Sea + Road”) and offer a tariff.
3. Issuance
A named insurance certificate is issued, valid for the entire “door-to-door” journey.
4. Support
In the event of a claim, our legal department guides the process until the funds are credited to your account.
Why Carrier Liability Is Not Enough
This is the most frequent misunderstanding in the industry. It is crucial to distinguish between limited liability and full coverage.
CMR Liability Limits
Standard carrier liability insurance (CMR) protects the carrier, not the cargo owner. Payouts are strictly limited by international conventions (typically around 10-12 SDR/Euro per kg of gross weight). If you are shipping lightweight but high-value electronics via road freight, a weight-based payout might cover only 1-5% of the actual commercial loss.
Real Commercial Value
Voluntary cargo insurance reimburses the full commercial invoice value, plus freight costs and customs duties if desired. This is critical for sea freight, where the concept of “General Average” applies, and financial exposure can be catastrophic without proper marine cargo insurance.
Frequently Asked Questions (FAQ)
What determines the insurance rate?
Cargo insurance rates are influenced by the nomenclature (e.g., fragile goods or dangerous goods), the route (including high-risk zones), the mode of transport, and the number of transshipment points.
What is a deductible (franchise)?
This is a small portion of the loss (usually 0.5-1% of the insured sum) that the policyholder absorbs. Accepting a deductible significantly lowers the policy cost. For high-value shipments, cargo insurance without excess is available.
Is insurance valid during transshipment?
Yes. If we organize the logistics, the policy covers the entire journey, including handling at ports and storage at transit terminals (typically up to 30-60 days), ensuring seamless protection for multimodal transport.
Safety in Details
Our professional approach and the quality of completed projects are a great foundation for long-term and productive cooperation
Safety in Details
Preventive Measures: Surveyor inspections before loading document the condition of the goods. A formal inspection report eliminates disputes with the insurance company regarding when damage occurred.
Safety in Details
Guaranteed Payouts: Correctly drafted freight insurance rules within the certificate cover risks of loss, damage, theft, and even the disappearance of the vehicle.
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