Marine Cargo Insurance
We help importers and exporters insure goods against loss and/or damage during transit; and not just to the port or airport, but all the way through to the place of destination with marine cargo insurance. We will review with you the various ways that merchandise can be valued so that at the time of a loss the insurance settlement is appropriate for your needs. Coverage can be extended to include:
- Bankruptcy Expense
- Barge Coverage
- Concealed Damage
- Consolidation Coverage
- Container Demurrage Charges
- Contingent FOB/ FAS/C&F Purchases
- Returned/Refused Shipments
- Shortage from Containers
- Refrigeration Breakdown
Errors and omissions insurance is also available to cover the financial exposures and liability as a result of improper performance of, or the failure to perform, your professional services, including your activities as a customs broker, property broker, domestic freight forwarder, international freight forwarder, NVOCC, warehouseman, etc. Some of the most common types of claims include: failure to follow instructions, shipping delay caused by the negligence of an employee, improper quotation of charges, incorrect document preparation, unauthorized release of goods, misdirection, failure to collect documents, failure to properly clear goods upon entry, incorrect classification of goods, failure to insure cargo when instructed to do so, negligent selection of trucker or other carriers, among other activities.
