Cargo insurance is one of the most popular types of insurance. It is caused by the fact that cargo transportation is associated with various risks (plants and vehicles can be damaged or their small nods and components may be stolen, consumer goods may be stolen or truck carrying them may be high-jacked).
Who may be insured?
Cargo owners and carriers, both self-employed persons and corporate entities
What may be insured?
Property interests related to possession, use, and disposal of cargo and/or luggage, expected revenues, commission fee, as well as other expenses related to transportation of cargo and/or luggage.
Risks:
- road accident;
- theft;
- disappearance of motor vehicle;
- natural disasters;
- cargo damage;
- soaking of motor vehicle;
- total loss of cargo when transshipping
Exclusive insurance conditions:
- insurance against military risks;
- insurance against strikes, revolts, mass disturbances;
- insurance for the period of transitional and final storage against risk of vague disappearance of cargo, without deductible amount
Insurance options:
- total liability (for all risks);
- liability for partial loss;
- insurance without liability for damage, except for wreck;
- liability for the specific risks
Attention! Price of insurance policy at our company is not more expensive than at the insurer company, in so far as this is just the insurer, not the customer, who pays for our services and makes our profit. Even more, our price is often less than that offered to customer at the insurer’s office. This is due to partnership relations established during the years of cooperation!