Cargo Insurance

During transportation, cargo faces risks which may result in financial damage to its owners. Our insurance compensates any loss or damage suffered by cargo in transit, provided it has been duly packed and shipped for its international carriage.

Easy to take out, this insurance is the most comprehensive one in the market and will give you access to our experience and reliability for your peace of mind in conducting your business.

Types of Polices

  • Shipment by shipment
  • Project Cargo

This insurance protects your investment from all the risks faced by your goods during and as a consequence of carriage.

Goods to which it applies:

  • Brand new goods carried in closed containers or under deck

Scope of coverage:

  • No franchise deductible
  • No deductible
  • Door to door
  • Gross average
  • At loading/unloading
  • Up to 60 days in temporary warehouses
  • Up to 60 days in destination port
  • Optional supplement: extended coverage in temporary warehouses and during war and strike

Coverage is door to door. This means that the cargo is covered from the time it leaves the warehouse of origin (exporter’s) for the commencement of the transit up to delivery to its final destination named in the policy (importer’s warehouse).

Otherwise, coverage terminates upon occurrence of any of the following circumstances:

  • The cargo is shipped to a destination other than the one agreed upon in the insurance policy
  • The cargo remains at a temporary warehouse for over 60 days without prior agreement as to the extension of the term
  • The cargo remains at the port of destination for over 60 days after unloading
  • Ownership of the cargo is transferred

All our experience in the special handling required by project cargo shipments and—most important—our flexible policies are brought to you so that coverage may be adapted to the specific needs of each project.

The large size of these pieces of cargo as well as the sensitive handling needed by them call for sound financial and legal support, which we can provide thanks to the combined use of our Cargo Insurance, Liability Insurance, and customs bonds products.

Please contact us for further information. Our team will be pleased to devote all their energy to cover your global needs.

Walter Javier Rodríguez

Walter Javier Rodríguez
Desarrollo de Negocios

Log In

Formularios