Products Logistics and Commercial Marine Cargo and Storage

Cargo and Storage

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.

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

Target

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

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

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