The Freight Forwarders Liability Insurance insure not only forwarders, but also other related companies which provide logistic solutions for their clients. This include:
- Freight Forwarders
- Non-Vessel Operating Common Carrier
- Warehouse Operators / Consolidators
- Logistic Operators
The policy is has several sections which addresses the risk of the insured whist handling the goods for its owner:
1. Cargo Liabilities
2. Third Party Legal Liability
3. Liability for Fines and Duties
4. Claim Expenses
- The policy will indemnify the claimant up to the limit of Indemnity of the policy.
- Subject SLA payment conditions.
- Annual Renewable.
Cargoes Owner are to insure their cargoes with a Marine Cargo Insurance.
Forwarders may want to arrange the policy to insure specific contracts with their customers on indemnity of the sum insured of the damage goods.
For more information on Freight Forwarders Liability Insurance, please contact us at
Name : Irene Tan
Contact : +65 6922 8696
Email : firstname.lastname@example.org