According to a survey by the World Shipping Council, an average of 1,390 containers are lost at sea every year. With the rise of Cargo ship accidents worldwide, cargo thefts on the rise. In this changing and seemingly more hazardous world, Marine and logistics risks can be complex and diverse. Liability exposure of service providers in the transport and shipping industries is very high and with ever-changing government regulations and high courtroom settlements, companies face increasing financial exposure. Transport Operator’s Liability, Freight Forwarder’s Liability program protects your business assets and provides legal defense when you need it most.
Whom does this policy cover?Multimodal transport operators, freight
forwarders, custom house agents, logistic and warehouse operators, ship
agents, ship brokers and other service providers in the transport and
shipping industries face a wide range of liability exposures because
they may:
a) act for their Principal in arranging shipping and transport services; or
b) contract with the cargo owner to transport goods; or
c) provide expert advice, assistance, and opinions.
The policy covers legal liabilities arising out of:
Policies may also be tailored with multiple coverage options.
Territorial LimitsWorldwide but excluding any claim relating to an occurrence, situation or suit in or arising from Iran, Iraq, Yemen, Afghanistan, Somalia, Eritrea, Ethiopia, Democratic Republic of Congo, Republic of Congo, Syria, Libya and North Korea.
Securing your freight in transit is important, but that’s not just it. Getting a proper marine insurance for your cargo is also essential to keep them insured in case of any accidents or theft. At Rkinsure, you can insure your cargo even when they are being transferred from one country to another. With our import-export and inland transit insurance get your goods secured, whether they are on road or at the sea.
Bombay Mutual Chambers Office No. 25, 2nd Floor, 19/21, Ambalal Doshi Marg
Fort
Mumbai - 400001, Maharashtra, India
Have a requirement?
Get Best Price
Have a requirement?
Get Best Price