Insurance protection
Compensation of loss in case of cargo damage, destruction (loss).
Insurance is carried out by universal international standards, so-called conditions of London insurers, that is you can chose a degree of insurance cover by yourself (full, partial or minimal):
1. With liability for all risks – the widest cover, providing indemnity at partial and overall wreck;
2. With liability for partial wreck (partial damage) – covers specifically defined risks, and includes less risks than at a “liability for all risks” cover;
3. General wreck – partial loss is not covered.
Main exclusions
Compensation is not paid if the property was lost or damaged:
- intention or crude carelessness and also in case of fixed traffic rules break by responsible employees, carriage and cargo storing;
- deficiency of cargo at safety of external package.
- natural leak, weight or capacity loss, normative wear of cargo insured;
- insufficient or ineligible package or preparation of cargo insured;
- delay in delivery, except cases when such damages are subject to compensation in order of general average;
- cargo harming by insects, rodents, worms.
There can be provided any other exception in insurance agreement.
Deductible
Deductible – part of loss which is not subject to compensation. The more rate of deductible the less you pay for our services. Deductible is subtracted from sum of calculated damage.
Order of compensation
At a loss of total destruction (loss) of whole or part of cargo – at the rate of sustained loss in the range of sum insured;
At damage of whole or part of cargo – at the rate of recovery work in the range of sum insured.
Insurance premium
In order to calculate the cost of your insurance policy, you can:
