Freight forwarders’ liability insurance protects the Insured’s property and financial interests. For logistics companies, Ingosstrakh offers a special insurance product which satisfies the specific character of forwarding the goods and mail delivery by any means of transport using the FIATA multimodal transport bill of lading or by mail and messenger service.
Our policy is indispensable for:
transport operators providing services of forwarding of goods by road;
freight forwarders providing services of delivery of goods by any means of transport;
mail service operators;
mail and messenger service operators;
freight forwarders placing the goods under transit procedure.
Insurance object:
freight forwarder’s responsibility which he incurs in providing services of forwarding and transportation of goods and mail by any means of transport and the third party liability, including liability for payment of customs duties and taxes which are imposed by customs authorities on a freight forwarder placing the goods under transit procedure.
Risks covered:
liability for physical loss of or damage to cargo;
liability for physical loss of or damage to third party property;
liability for death, bodily injury or illness (including hospital, medical and funeral expenses) of any third party caused by the transported cargo;
liability for any financial loss incurred by the competent person under the contract of carriage resulting from the failing of the freight forwarder, partially or totally, to perform his contractual obligations;
customs risks - the risks arising from a breach of import or export regulations including liability for payment of customs duties and taxes which are imposed by customs authorities on a freight forwarder and which would not have been payable but for a breach of import or export regulations.
liability for loss of, destruction or damage to trailer and/or container during the transportation.
Together with the customs risks insurance, Ingosstrakh provides a freight forwarder with a special banking-insurance product which helps to obtain a bank guarantee required by the customs authorities as a security for payment of customs duties and taxes.
Services provided to the Insured:
average agency (inspections and survey services);
salvage and search of the cargo;
protection of the Insured’s interests in the state authorities and courts in Russia and abroad;
support services including the checking of the claimed amount of customs duties and taxes and protecting the Insured’s interests in the customs authorities and in the court.
We guarantee fully confidentiality in respect of any information provided us by our clients as well as keeping their interests in claims handling.
Cost of insurance:
insurance premium is calculated individually for each client;
cost of insurance depends on risks insured and limits of liability, range of transported goods and cargo volume, volumes of the Insured’s activities and other factors.
