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Insurance, which incurs its own charge in addition to other shipping charges covers all goods, subject to certain limits of liability and special policy conditions, up to a maximum sum of £250,000 from receipt to delivery.
Insured Value: The premium charged will depend, amongst other factors, on the stated insured value which must be declared in sterling on application.
Timescale: Cover is valid for the full transit although there is a 60 day limit (30 days Air) after which the insurance shall automatically terminate unless prompt notice given. This is applicable in situations where the cargo transit is interrupted such as a port strike etc.
Conditions of Insurance: The insurance covers all risks of loss or damage in accordance with the terms, conditions and exclusions as set out in the following:
- Institute Cargo Clauses (A) CL252.
- Institute Cargo Clauses (Air) CL259.
- Institute Classification Clause CL354.
- Institute Radioactive Contamination Exclusion Clause CL356.
- Institute Replacement Clause CL161.
- Institute War Clauses (Cargo) CL255.
- Institute War Clauses (Air Cargo) CL258.
- Institute War Clauses (sendings by Post) CL257.
- Institute Strike Clauses (Cargo) CL256.
- Institute Strike Clauses (Air Cargo) CL260.
- Cargo ISM Clause 1/5/98 (JC 98/019).
- Computer Millennium Clause (Cargo) - with Named Peril Extension 13/8/98 (JC98/024).
Disclaimer: Information on this page is for general reference only and does not constitute any legal contractual agreement of any sort. All insurance provided will be dealt with on a one to one basis for which official Certificates Of Insurance will be supplied upon which the full and accurate terms will be detailed.
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CATEGORY 1 |
CATEGORY 2 |
CATEGORY 3 |
CATEGORY 4 |
CATEGORY 5 |
CATEGORY 6 |
| From United Kingdom to:- (&/or vice versa) |
App. Goods & General Merchandise incl. Machinery (other than Knitting & Textile Machines). |
Made - up Clothing (ex Furs & Fur Garments) &/or Domestic Electrical Appliances. |
"White Goods" &/or New Furniture (ex scratching, chipping, denting, marring and bruising). |
Domestic China, Glass & the like (if excluding breakage - Category 1 rates apply). |
Household Goods & Personal Effects. |
Private Motor Vehicles. |
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| U.K. /FOB |
0.15% |
0.15% |
0.15% |
2.5% |
1.5% |
3% |
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| Western Europe |
0.25% |
0.35% |
0.5% |
3.5% |
3.5% |
3% |
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| Eastern Europe |
0.35% |
0.45% |
0.75% |
5% |
3.7% |
3% |
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| Middle East |
0.446% |
0.6% |
0.7% |
8% |
6% |
3% |
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| Africa - North |
0.5% |
0.7% |
1% |
8% |
5.5% |
3% |
| Africa - South |
0.4% |
0.55% |
0.76% |
8% |
5% |
3% |
| Africa East/West, (cover to Ports/Airports only) |
0.8% |
1.05% |
1.3% |
10% |
7% |
3% |
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| Far East |
0.45% |
0.55% |
0.65% |
6% |
7% |
3% |
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| USA, Canada |
0.4% |
0.5% |
0.55% |
5.5% |
4% |
3% |
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| Australia, New Zealand |
0.4% |
0.5% |
0.65% |
6% |
6% |
3% |
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| India, Pakistan, Bangladesh, Sri Lanka |
0.8% |
1% |
1.2% |
10% |
7% |
3% |
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| Central & South America & W. Indies. |
1% |
1.2% |
1.5% |
10% |
8% |
3% |
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| The above rates are subject to the addition of the Scale War and Strikes rate current at date of shipment. |
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