Products Logistics and Commercial Marine Cargo and Storage

Cargo and Storage

Target

  • Exporters
  • Importers
  • Charterers
  • Logistics companies
  • Transportation brokers
  • Distributors
  • Manufacturers
  • Custom brokers

**Available for  Quebec Ontario Manitoba Saskatchewan Alberta British Columbia Prince Edward Island New Brunswick  and Nova Scotia 

About

Goods in transit or storage are just as subject to loss as those in a commercial facility, but are probably not covered by a goods insurance policy. Since carriers are only responsible for losses caused by their negligence, it is important to have adequate coverage for loss in transit.

Coverage

  • All-perils coverage for goods in transit worldwide, including storage
  • Coverage options:
    • Ocean & air transit
    • Domestic & international transit
    • Project cargo
    • True stockthroughput coverage: no sub-limits for flood, sewer backup, earthquake, windstorm and named storm

Underwriting norms

  • Coverage provided for Canadian-based entities
  • Limits of up to $20M
  • Any one conveyance
  • Any one location
  • Any one occurrence
  • Fast & flexible underwriting response

Commodities
Consideration given to a wide range of commodities including:
  • Consumer electronics
  • Fresh and frozen produce
  • Fresh and frozen fish and seafood
  • Fresh and frozen meat and poultry
  • Grains, seeds and pulses