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Insurance
As it is known cargo carriage is risks related sphere. Therefore, insurance of cargo for its delivery has special importance. We recommend you to take advantage of our cargo insurance service. We cooperate with many insurance companies which are leaders in the field of cargo carriage insurance. The insurance is valid at all stages of goods delivery: from its loading on vehicle till unloading at customer’s warehouse. We insure cargoes against all risks: damages, full and partial destruction, loss and others. In case of insured accident, we shall perform inspection and evaluation of damaged cargo, we shall submit this data to insurance company and we shall issue all necessary documentation.
The amount of insurance coverage is determined depending on kind, cost, route of cargo transportation and of number of other factors. We guarantee timeliness of payments in case of insured accident.

Our terms and conditions of insurance are at most beneficial and reliable solution for the most hard-to-please customers. Insurance is made under standard international conditions providing insurance with standard clauses against following groups of risks:

  • " All risks "
    1.  Damage by loss, shortage and deterioration (spoilage) of all or part of the insured cargo, caused by any reason, except privately stipulated cases;
    2.  Expenses:
      • Payment of contributions in case of general average;
      • Payment of necessary and sufficient actions to rescue the insured cargo and reduction of losses, including cargo repacking expenses made with this purpose;
      • Payment of services of average commissioners, surveyors, experts rendered to determine reasons and extent of damage.
  •  " Risks of private average "

According to these terms and conditions of cargo insurance, the following damage shall be indemnified:

  1. Damage by loss, shortage and deterioration (spoilage) of all or part of the insured cargo as a result of one or several following events:
    • Fire or explosion;
    • Grounding, landing, flood or overturn of vessel or barge;
    • Air craft crash, overturn or jumping the track of surface vehicle;
    • Collision of vehicle with any external subject;
    • Missing of vehicle;
    • Unloading of a cargo in the port of disaster or in a place of accident;
    • Earthquakes, volcano eruptions, lightning stroke, hurricane, flooding and other acts of nature;
  2. Damage by loss and deterioration (spoilage) of all or part of the insured cargo, caused by the following reason:
    • Washing overboard;
    • Penetration of outboard water;  
  3. Damage by full loss of the whole shipping package as a result of its falling during unloading or loading on vehicle:
    • Payment of contributions in case of general average;
    • Payment of necessary and sufficient actions to rescue the insured cargo and reduction of losses, including cargo repacking expenses made with this purpose;
    • Payment of average commissioners, surveyors, experts services rendered to determine reasons and extent of damage.
    • " Risks of wreck "

According to these terms and conditions of cargo insurance, the following damage shall be indemnified:

  1. Damage by loss, shortage and deterioration (spoilage) of all or part of the insured cargo as a result of one or several following events:
    • Fire or explosion;
    • Grounding, landing, flood or overturn of vessel or barge;
    • Air craft crash, overturn or jumping the track of surface vehicle;
    • Collision of vehicle with any external subject;
    • Missing of vehicle;
    • Unloading of a cargo in the port of disaster or in a place of accident;
    • Earthquakes, volcano eruptions, lightning stroke, hurricane, flooding and other acts of nature;
  2. Damage by loss and deterioration (spoilage) of all or part of the insured cargo, caused by the following reason:
    • Washing overboard;
    • Penetration of outboard water;
  3. Damage by full loss of the whole shipping package as a result of its falling during unloading or loading on vehicle:
    • Payment of contributions in case of general average;
    • Payment of necessary and sufficient actions to rescue the insured cargo and reduction of losses, including cargo repacking expenses made with this purpose;
    • Payment of average commissioners, surveyors, experts services rendered to determine reasons and extent of damage.

Suggested insurance terms and conditions guarantee your insurance of your cargoes in transit storage in warehouses, during cargo transshipment from one vehicle to another, and also during loading of your cargoes in forwarder’s warehouses and their unloading in consignee’s warehouses.
We assist in organization of the damaged cargo inspection, collection of the documents necessary for insurance company to pay insurance compensation, negotiations with insurance company.
We care that our customers could tackle correctly the problems in insured accident, therefore we give written instructions beforehand.

 
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