overview
in your role as a transportation specialist, you will need to manage the cargos and ship high volumes of goods.
As a result, you will require coverage to protect not only your principal activities but the scope of your entire operation as well.
This policy is specially designed for Freight Forwarders, Road Hauliers, Warehouse & Supply Chain Operators, Custom Brokers, Cargo Consolidators, Container, and Depot Operators, Shipping Agent, NVOCC, and all other total logistics operators.
This insurance scheme is a combination of liability coverage that enables you to tailor your insurance protection to cover your transportation-related risk exposures.
policy highlights
bill of lading
Covers physical loss or damage to customers’ cargo for which you are legally liable while transporting under your house bill of lading (HBL) or house air waybill (HAWB).
errors & omission
Covers financial loss suffered by your customers as a result of your negligence, error or mistake.
bailee & warehousemen legal liability
Covers physical loss or damage to your customers’ property while in your physical care, custody, or control as per various standard trading conditions.
third-party liability
Covers damages and consequential loss resulting from accidental bodily injury or property loss/damage.
container insurance
Covers all risks of physical loss or damage to containers, which is owned or leased by you and scheduled in the policy. This policy also covers liability for loss or damage to the container which is not owned, rented, or leased by you while in your care, custody, and control.
custom fines & duties liability
Covers your fines and penalties imposed as a result of your negligence and unintentional breach of import or export regulations.
fidelity guarantee
Covers loss or damage to the cargo due to infidelity, dishonesty, or criminal act that is committed by your employees.
Section | Scheme | ||
---|---|---|---|
Marine Comprehensive Integrated Transit Liability | Road Haulier | Johor Port Scheme | |
Bill of Lading | N/A | ||
Errors & Omissions | |||
Bailee & Warehousemen Legal Liability | |||
Third Party Liability | |||
Container Insurance | |||
Custom Fines & Duties Liability | N/A | ||
Fidelity Guarantee |
Please schedule your business risk assessment with our Insurance Consultant to learn more about how we can customize your Marine Comprehensive Integrated Transit Liability plan for you.