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R.C. for the Entire Logistics Chain

R.C. para toda la cadena logística

(For Freight Forwarders, Customs Brokers, Warehousing Companies and/or the whole Logistics Chain)

Companies offering goods transportation services – sea, land, air, railroad or waterway – are included under this category and, therefore, cover the transit activity, the railroad transport or flatcar operations, NVOCs*, waterway operators, trailer operators, parcel services, tanker operators or container operators, air carriers, inland carriers, and warehouse operators.

* NVOCs (Non Vessel Operating Common Carrier). A company that offers scheduled sea consolidated cargo services through space reservation on vessels for shipments on the shipper’s behalf.

Basic Coverage

  • Liability for loss or damage to cargo.
  • Liability deriving from errors and omissions.
  • Third party Liability.
  • Fines for breach of the law, namely: customs, pollution.
  • Expenses, including those caused by wrong delivery, investigation, defense, destruction and reduction.

 

Property

  • Business Buildings.
  • Dams and Waterbreaks.
  • Docks, Berths and Piers.
  • Berths / Moorings.
  • Machinery.
  • Handling Equipment.
  • Locomotives and rail cars (no propulsion).
  • Ground and Railroad Infrastructure.
  • Contents.

Additional Coverage

  • Loss of or damage to equipment owned or leased.
  • Liabilities of Consignee Agents.
  • NVOCs guarantees against the Federal Maritime Commission (FMC).
  • Risks associated with Work Stoppage.
  • General average, guarantees and salvage contributions.

 

* NVOCs (Non Vessel Operating Common Carrier). A company that offers scheduled sea consolidated cargo services through space reservation on vessels for shipments on the shipper’s behalf.

 

The scope of the risks covered minimizes the need for contracting coverages separately. A single insurance package can be adapted to specific needs, reducing gaps and duplication of insurance coverage.

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