Notes on Logistics Freight Insurance
With the rapid development of Wusheng industry, logistics cargo insurance is an indispensable link. It guarantees that cargo encounters unexpected situations in the course of transportation. As the basis of insurance contract signed with freight insurance company, what matters should be noticed about logistics cargo insurance?
1. The policyholder needs to fill in all the information on the policy in detail and read all the clauses. Make sure that the insurance company can get reasonable compensation in case of unexpected incidents.
2. When filling in the cargo insurance policy, the insured victim should fill in the whole process, not only to ensure the interests of the insured victim, but also to make the whole insurance invalid and feasible. The insured cargo Title sign should be different from the bill of lading. Whether it is large cargo or small bulk cargo, it is necessary to fill in the basic elements such as the weight, quantity and size of the cargo clearly, so as to serve as the basis for the cargo to be compensated for its inadvertent loss in transit.
3. The insurance amount written on my foreign cargo insurance policy is usually calculated in the proportion of 10% of the invoice value, and generally not more than 30%. Maritime and land transportation can be insured according to the invoice amount, or freight can be added to the base of the invoice amount as the insurance amount.
4. The different types of insurance in the policy should be clearly indicated. For some cargo insurance with additional risks, the insurer should clearly indicate them in the specific filling-in column. In addition, the insured goods should know what mode of transport they are using, if it is by water, the title of a flying vessel, the number of trains or cars or license plates, and if it is by air, the number of flights should be filled in.
When transporting a small amount of goods, it is suggested to stop the insurance of the goods so as to ensure the legitimate interests of the goods themselves when they occur unexpectedly in transit.
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