Should you elect to insure under our "Open
Cargo" policy, you would have piece of mind that your freight is
covered from the time we pick up until the cargo is delivered in the
destination country. Most Coverage carries no deductible. All items
must be suitably packed for international shipping – crating where
required, special packaging materials as warranted.
Most commodities are considered "Approved" for "All Risks"
coverage. This means that your cargo is covered against risks of
physical loss or damage from external causes.
Some products are not approved for "All Risks" coverage. They
include used, reconditioned or return items, antiques, perishable
foodstuffs, glassware and jewelry.
In order for cargo to be fully insured it is necessary that all
costs incurred in the sale and transfer of the merchandise from the
seller to the buyer be included. These costs include the invoice
value of the merchandise, cost of freight, cost of packing, and
freight forwarding charges. Furthermore, some insurers choose to add
10% to the invoice cost and aforementioned expenses to allow for
appreciation of the property value at destination.
How to minimize the chances for damage to your cargo or theft:
- Apply detailed markings to all outer packaging.
- Use only new packing materials and boxes.
- Unitize and palletize multiple or non-uniform parcels with
shrink wrap, stretch wrap or banding.
- Consolidate all cargo into the largest practical unit
consistent with handling, weight and dimension limitations.
- Insist on prompt pick-up and delivery of cargo.
- Do not exceed the weight-capacity of boxes or crates.
- Block and brace product inside boxes or crates.
- Use cautionary markings as warranted.
- Apply preservative, corrosion inhibitors, or waterproof
wrapping directly to sensitive cargo.