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Cargo insurance. AIC insurance policy guarantees the cargo owners the compensation of their losses incurred when transporting cargoes by any type of vehicle. AIC cargo insurance rules correspond to international standards. AIC insurance policy covers: -Any types of goods and products transported by all types of vehicles throughout the world; -Transport and overhead costs associated with the transportation; -The experts of Azov Insurance Company are ready to develop individual insurance programs considering the peculiarities of the particular case of cargo transportation and to provide additional consultations and practical help at any stage of contracting. Terms of insurance: -"Cargo clauses "all risks" (A) ; -"Cargo clauses "restricted perils" (B); -"Cargo clauses "limited risks"(C) In case of loss is indemnified in accordance with the terms of insurance the insurance also covers salvage charges necessarily and reasonably incurred to avoid loss of cargo and expenses incurred to reduce the amount of loss and to evaluate it. The insurance period includes the complete period of transportation from one warehouse to the other: arts from the moment of cargo acceptance from the warehouse at the starting point, continues during the whole transportation (including transshipment, shiftment and intermediate warehousing at transshipment and shiftment areas) and ends at the moment of cargo delivery to the recipient’s warehouse or any other final landing indicated in the insurance policy. The policy is valid at the moment of cargo presence at exhibitions and auctions. Insurance terms: -The agreement can be concluded for a single transportation or long-term transportation insurance. -Insurance agreement amounts are indicated in hryvnas or foreign currency. Insurance compensation for damaged, lost or destroyed cargo is paid in the currency of the insurance premium. -The period of consideration and compensation for the claims does not exceed 30 days as of the receipt of all the necessary documents. |