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BUSIN JSIC offers insurance of freight transported by road, rail, river, sea and air or by mixed transport, and during intermediate warehouse storage.
BUSIN JSIC freight insurance rules correspond to generally accepted world standards and are elaborated on the ground of "А", "В" and "С" Clauses of London Insurers Institute.
- Institute Cargo Clauses (A) - with liability for all risks
- Institute Cargo Clauses (B) - with liability for partial accident
- Institute Cargo Clauses (С) - without liability for damages, except in case of "natural disaster".
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The insured sum shall be fixed for each type of transportation and determined by the client depending on the contract value of the freight, including transportation and overhead expenses.
The insurance rate depends on:
- transportation distance and route (territory of insurance coverage)
- freight type (kind)
- manner of freight loading and packaging
- type of transport used for transportation
- term of transportation
- freight value
- overloading or transit storage
- transportation conditions including security
- amount deductible agreed by the parties involved
- list of risks subject to insurance
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Insurance Indemnity shall be paid within the limits of the insured sum depending on the extent of damage and insurance agreement conditions.
If you have any questions, you are welcome to contact our insurance managers:
Tel./fax: (+38) (044) 245-62-17, 249-65-04, 270-06-18
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