Cargo Insurance

Cargo transportation is always associated with the risk of loss or damage to the carried cargo. Insurance is the most convenient and reliable way to secure the continuous process and to minimize the possible losses. IC Group offers worldwide cargo insurance in accordance with the terms and conditions of the Lloyd's Institute Cargo Clauses. 

This insurance covers all risks of loss or damage to the insured cargo, including:

  • Risks of damage and destroying during loading – unloading.
  • Risks of storing at the intermediate storage facilities during the process of transportation.
  • Loss, expenses and payments connected with the general wreck (for water transportation).
  • All the necessary and reasonable charges incurred to save the cargo, decrease loss and identify its amount.
  • Insurance against war risks.
  • Insurance of cargoes to be transported under the special temperature conditions.
Our rates are flexible and claims settlement procedure is reasonably short.

Carriers / expeditor's liability insurance

International Law provides certain requirements to carriers/expeditors. Non-observance of those requirements may result in legal liability of the carrier. The losses are usually unexpected and may result in significant financial or other expenditures. Carrier's liability insurance gives the possibility to meet the requirements of the current international Law and to ensure maximal protection from possible losses.

IC Group offers you cover that matches all the appropriate standards.

 

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