insurance

CARGO TRANSPORTATION

Timely and high-quality delivery of cargo is the key to business success. We can choose the carrier ourselves, but we cannot guarantee that nothing will happen to the cargo on the way. And untimely delivery and damage to the cargo are additional costs and losses. In order not to waste time and money on solving problems that may arise during transportation, the insurance company "Grave Ukraine" offers you to use the program of voluntary cargo insurance.

Cargo transportation insurance covers losses that occurred as a result of damage or destruction of cargo during its transportation both within the country and abroad, by any means of transport: road, rail, sea or air.

Information document about a standard insurance product "Insurance of transported property (including cargo, luggage (cargo and baggage))"

General terms and conditions of the insurance product "Insurance of transported property (including cargo, luggage (cargo and baggage))"

Business interests protected by cargo insurance

Financial losses

When buying or selling goods, you are interested in their safe delivery. A contract of cargo insurance protects precisely such interests

Contractual requirement

As part of a sales contract, there is often a commercial need to have a cargo insurance contract. The ability to quickly replace damaged goods will help you build strong customer relationships

Additional costs

A cargo insurance contract typically provides coverage for goods against a wider range of perils and provides for reimbursement of costs such as freight, customs payments, disposal of goods, etc.о

Liability of the carrier

Transport companies may be responsible for the carriage of goods, but their liability will be limited by contract or law in the event of damage. In addition, carrier liability insurance does not cover many common losses, such as General Accident. Compensation payments often do not correspond to the full value of the goods, and pursuing overseas carriers can be a difficult and lengthy process

General accident

It is a legal principle in maritime law, according to which all owners of cargo bear proportionally the costs and make voluntary contributions, acting to eliminate the danger in the mutual interests of the vessel, cargo and freight. Cargo owners are advised to take out insurance so that their insurers can handle such situations on their behalf and provide the necessary guarantees to release their cargo

Warehousing

That can provide coverage before, during and after transit when cargo is stored in a warehouse or other storage facility

Multimodality

Provides coverage for cargo transported by any means of transport, including combined, door-to-door

Transfer of rights

Since a cargo insurance contract usually covers the entire period of transit of the goods, the benefit can be "passed" from the seller of the goods to the buyer when the buyer becomes the legal owner during transit

Commercial requirement

Sales made with a letter of credit, bank financing or loan may require proof of cargo insurance. Its absence can cause unnecessary tension in commercial relations

Features and additional benefits of corporate cargo insurance in Grawe Ukraine

Three options for insurance conditions

We offer corporate clients three options for insurance conditions:
• "With responsibility for all risks"
• "With responsibility for a separate accident"
• "No liability for damage, except in cases of catastrophes"

Discounts

Our flexible system of tariffs and discounts takes into account the specifics of each client's activity and other factors that are important for determining the degree of risk

One-time and multiple protection

An insurance contract can be concluded both for one transportation and for a specified period when insuring regular cargo transportation (general contract)

Important insurance details

Insurance amount

It can be 100% or 110% of the cost of the cargo

Action of insurance coverage

During the entire period of transportation, including intermediate transshipments and storage

Insurance payment

It is determined individually and depends on the type of cargo, volumes of transportation, selected risks, distance and route of transportation, etc.

Protection time

This type of insurance also ensures that your goods are protected during loading, unloading and storage