Insurance
Safeguard Your Assets with Comprehensive Shipping Protection
We prioritize the safety and security of your assets throughout the shipping process. While we take every precaution to mitigate risks, we understand that unforeseen events can occur. To provide you with the ultimate peace of mind, we offer marine insurance coverage tailored to your specific needs.
Rest assured that our commitment to protecting your assets extends to providing comprehensive insurance coverage. For further inquiries or to request additional information, please don't hesitate to contact us!
Flexible Coverage Options
Our marine insurance coverage comes in two levels: "Standing Coverage" and "All Risk." Standing Coverage protects against a range of events, including accidents on board the ocean vessel, damage caused by vessel stranding, storage building collapses, lightning strikes, earthquakes, and other unforeseen risks. On the other hand, All Risk coverage encompasses all the protections provided by Standing Coverage and extends to additional perils such as theft and vandalism. For more detailed information on coverage options, please reach out to us.
Transparent Premiums & Deductibles
The premium for your insurance policy is determined by the value of the assets being shipped and the desired level of coverage. Typically, premiums range between 0.75% and 1% of the insured asset's value. It's important to note that insurance policies usually have a deductible, which is the amount subtracted from a claim payment in the event of a damage claim. Deductibles typically range between $250 and $1,000.
Efficient Insurance Claim Process
In the unfortunate event of damage to your assets, claims are handled directly with our reputable insurance providers. We work closely with trusted insurance underwriters in the industry to ensure a smooth claims process. To facilitate the claims process, we strongly recommend documenting the condition of your cargo by taking photographs and obtaining surveys or inspections before shipment. This documentation will serve as evidence of your item's pre-shipping condition and will assist in filing a claim. Should you require inspection services, we can provide them upon request.