TT Club Other service
Forwarders Cargo Insurance
Pay-on-use shipper's interest cargo insurance letting freight forwarders insure individual consignments by all modes of transport.
Description
Forwarders Cargo Insurance is a shipper's interest policy that covers each individual consignment on a pay-on-use basis. It is aimed at small to medium-sized shippers of cargo internationally by all modes of transport, including intermodal voyages. Membership of the Club is not required.
Cover is typically on an 'ICC A/All Risks' basis under the Institute Cargo Clauses, including accidental damage, theft, general average, fire and explosion, and piracy; it excludes wear and tear, consequential loss and liabilities.
Key features
- Pay-on-use cover per consignment
- Online shipment booking with instant quotes and 24/7 policy access
- Monthly single-currency billing
- Pre-bind sanctions screening
Specifications
| Cover basis | ICC A / All Risks (Institute Cargo Clauses) |
|---|
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