English (UK)
Română
Using Cargo Insurance, our clients can insure both domestic and / or international goods transports by any type of transport (road, rail, air, sea, river or combined) as well as the transportation and customs related costs, at 100% or 110% of the insured amount.
There are 3 basic types of insurance clauses, covering:
- Clause C – it covers the risks for a limited category of goods;
- Clause B – it is recommended especially for sea freight;
- Clause A – all risks- it covers the damages caused to the goods transported for any cause, except for the circumstances outlined in the exclusion of conditions. It is the most used clause in international transport.
There are also additional clauses: theft, robbery or non-delivery clause (additional to clauses C and B), war clause, strike clause, intermediate deposit clause, and others, that can be added to your insurance.
You will find below a brief description of the risks covered by each of the three basic clauses:
| Risks | C | B | A |
| Fire of Explosion | YES | YES | YES |
| Ship failure, sink or overturn | YES | YES | YES |
| Overturning or derailment of the land transport vehicle | YES | YES | YES |
| Collision or contact with an object other than water | YES | YES | YES |
| Unloading the goods in a shelter port | YES | YES | YES |
| Sacrifice in case of common damage | YES | YES | YES |
| Throwing overboard | YES | YES | YES |
| Earthquake, volcanic eruption, lightning | YES | YES | |
| Cargo taking over by waves | YES | YES | |
| The infiltration of water (sea, lake, river) in the vessel ship, airplane, land transport means, warehouse. | YES | YES | |
| Total loss of a parcel overboard or dropped during loading or unloading into / out of the means of transport | YES | YES | |
| All risks of loss or damage caused by any event unforeseen,accidental,incidental, unspecified (including theft) | YES | ||
| Piracy | YES | ||
| Theft, robbery or non-delivery | O | O | YES |
| Storage risk | O | O | O |
| War and strikes | O | O | O |
O – this clause may be included in the insurance as an additional clause by paying extra insurance prime. For more details please do not hesitate to contact us.