What makes this goods insurance different
If you own goods and you are engaged, for instance, in the buying and selling of goods, our Freight transport insurance covers the material damage that these goods may suffer during their transport by land, sea or air, both nationally and internationally.
Categories of freight transport insurance
Covers the goods corresponding to sales, purchases or both, or the volume of goods transported during the year. A deposit premium is paid that is adjusted at the end of the year.
A temporary policy that insures the goods on a single journey or specific journeys. Once the trips have been completed, the policy is automatically cancelled.
Coverage for one year of damage to goods transported that are owned by the policyholder, in specific vehicles identified in the policy by their number plates.
A type of policy without a deposit premium that requires each transport operation to be declared. The amount will be adjusted at agreed intervals, for example, every month. This type of policy is suitable for policyholders who regularly and frequently make similar shipments of goods.
What does Freight cover
Coverage of direct material damage suffered by the goods transported for the following reasons:
- Fire, lightning and explosion.
- Accident of the means of transport.
- Damage caused by extraordinary natural phenomena.
- Robbery carried out by gangs and armed robbery.
- Total loss of vessels.
- Contribution to the general average.
- Salvage costs
- Damage due to simple or specific damage when caused by shipwreck, fire, stranding or collision.
The Institute Cargo Clause (A) of the Insurance Institute of London is a wide-ranging and optional cover for goods in the event of damp, spillages, breakages, loss or lack of entire or partial ṕackages, theft or damage during loading and unloading operations, among other situations.
Apart from the above coverage, in the event of transportation by sea, it grants cover against all accidental perils of the sea, jettisoning and dragging overboard by waves and fire and theft in transshipment or destination ports.
Freight transport provides protection against breakage and damage to goods that may occur during loading or unloading operations.
It covers the risk of total or partial theft of the insured goods, meaning any theft by a person external to the insured goods, which involves the violation or breach of the barrier or protection that separates said person from the stolen goods.
This coverage has exclusions and limitations to counteract fraud or negligence.
Coverage of the risk of breakage and damage to insured goods, with the following exceptions: poor stowing, inadequate loading, defect in the lashing or insufficiency or insuitability of the container of the goods.
The costs of removing and destroying the remains of the insured goods are covered when they have been affected by any of the risks assumed by the policy.
Covers material damage and/or losses affecting the goods as a direct result of the action of strikers, workers affected by lockouts or people taking part in labour disputes, rioting or civil disturbances.
FAQs
Our Freight insurance is intended for all owners of goods and shippers who want to protect their goods from possible damage which they may sustain during transportation, loading and unloading.
Our insurance offers several types of insurance for Freight transport: annual policy for volume of regularised invoices, by number plate, travel policy or floating rate.
You can call us on the telephone number shown on this page or click on the Request information button. We will give you a quote and advise you on everything related to your business and your goods policy.
Freight forwarders transport insurance is adapted to suit the geographical scope required by your business, including international coverage, with the exception of areas at war or subject to trade restrictions.