With standard carrier liability only, the maximum the carrier will pay is limited to the amounts below. For example, changes may become necessary to reflect changes to the law or changes to our Services. UPS Capital Online includes features and functionality that allow you to upload, submit, or store information. Schedule a Pick Up – 1-800-734-5351 Ext. case "collapseErrorPage": Those 3PLs, Brokers, and shippers looking to digitize processes to gain efficiency, business continuity, profitability, and a stronger customer experience approach are adopting Turvo's ecoystem, collaborative networked single pane of glass. > -1 ? Common types of cargo insurance are; 1. Goods may be transported by sea, air or land. Under all risk coverage, included aspects are: 1. The UPS Capital Companies observe the UPS Privacy Notice, except as follows: (a) the first paragraph of the section entitled "Information We Obtain" shall be modified to read as follows: “We may obtain consumer personal information (such as name, contact details and payment information) in connection with various activities such as (i) use of the UPS websites and applications, (ii) shipping activities, including delivery and pickup of shipments, (iii) requests to track shipments or answer questions, (iv) events in which we participate, (v) promotions and other offers, and (vi) calls placed with customer service and accounting centers which may be recorded, and (vii) providing shipper’s agent, claims administration, claims adjustment, financial and insurance services, as applicable”; (b) the second bullet point of the section entitled "How We Use The Information We Obtain" shall be modified to read as follows: “Provide products and services you request (such as logistics, supply chain management, customs clearance and brokerage services, and shipper’s agent, claims administration, claims adjustment, financial and insurance services, as applicable)”; and (c) the second paragraph of the section entitled “Information We Share” shall be modified to read as follows: “We also may share the personal information we obtain with our affiliates, franchisees, resellers, and joint marketing partners and with claims administrators, claims adjusters, credit reporting agencies, insurers, guarantors, credit enhancement providers (including sureties, indemnitors, and export credit agencies) and their respective agents with which we do business. case "setHeight": Sections 1, 2 (third paragraph), 3, 4 (last sentence), 5 (third paragraphs), 6, 7, 8 (third paragraph), 9(c)-(f) and such other terms that by their nature should survive termination of these Terms will survive the termination of these Terms for any reason. else if (window.document.msExitFullscreen) window.document.msExitFullscreen(); In fact, many frequently transported goods, such as phones and laptops, contain highly flammable objects increasing concern in aviation. You agree not to associate, input or upload to UPS Capital Online any virus, Trojan horse, worm, time bomb or other computer programming routines that: (x) are intended to damage, interfere with, intercept or expropriate our property; or (y) infringe the intellectual property rights of any third party. There is difference in coverage depending upon the storage location of the cargo. With air cargo insurance through Cargocert, your cargo shipment will be protected from the time it leaves your facility until it is received at the final destination. Our air cargo insurance covers your shipments whether it is partial damage, partial loss, full loss, or delays -regardless of your own fault. All Risk. The coverage aspects are theft, collusion damages and other related risks. It reimburses the insured for items that are damaged, destroyed or lost during transit, loading and unloading or while being held or stored during the process of transportation. Shipment-by-Shipment: They are explained below; (d) Governing Law; Dispute Resolution. iframe.scrollIntoView(); Air cargo insurance coverage provides protection when and where you need it and gives you peace of mind in the event something happens. Turvo customers get access to collaboration, visibility, integration, and analytics out of the box and provide applications in supplier relationship, order, inventory, warehouse appointment scheduling, shipment, and driver management. You cannot assign any of your rights or delegate any of your duties without our prior written consent. if(ifr && get.length > 0) { Unless requested by Customer to do so in writing and confirmed to Customer, FORWARD AIR is under no obligation to procure insurance on Customer's behalf. We consider UPS Capital Online access credentials and Information as confidential information. C.O.D. Your cargo insurance policy is essentially built for you, optimizing your coverage in our increasingly complex global supply chain. Therefore, shippers can request cargo insurance to protect their goods from loss, damage, or theft while in transit. You may use information (“Information”) available on UPS Capital Online, including information provided by the Services, only for your internal business purposes in connection with receiving the Services. Overall, it’s crucial for shippers to document their cargo’s value in case of disputes, losses, or damages. Welcome to UPS Capital Online. 3. This insurance is domestic in nature and normally, operates within the boundaries of the nation. The insurance company, UPS Capital Insurance Agency, Inc. and its licensed affiliates reserve the right to change or cancel the program at any time. if(window.location.href && window.location.href.indexOf("?") Packair is the #1 Rated Los Angeles Cargo Insurance Company Providing Cargo Insurance Services. So, marine cargo insurance is a class of property insurance that insures property while in transit against loss or damage arising from perils associated with the navigation of the sea or air and subsequent land and inland waterways. A cargo insurance policy will protect your cargo from any loss or damage caused during transit via road, sea, rail or air. To subscribe to our blog, enter your email address below and stay on top of things. Many shipping policies have fixed insurance rates, but air cargo insurance rates may be calculated based on the value of your goods and unique coverage needs. 2. Unless these Terms or the Policy says you can do so, you must not use, disclose or permit any person access to any Information for a period of five (5) years after the Policy expires. src + "&" + get : src + "?" The governing law and dispute resolution terms included in the Policy will also apply to any disputes arising out of or relating to the use of UPS Capital Online. For example, we may suspend your access to UPS Capital Online to: (a) perform maintenance and support; (b) prevent unauthorized access to or use of UPS Capital Online, or (c) comply with a law, regulation, rule or any ruling of a court or other body of competent jurisdiction. This constant growth is keeping businesses on their toes, and the ability to produce and deliver goods quickly is imperative for mastering a competitive advantage in today’s growing economy. Damages due to inappropriate packing 2. © 2018 Cerasis. CLAIMS NOT MADE WITHIN SIX (6) MONTHS AFTER THE FIRST EVENT GIVING RISE TO A CLAIM SHALL BE DEEMED WAIVED. There are different types of cargo insurance policies, some going by names such as “all risks,” “broad form,” “legal liability,” and “motor truck freight.” Regardless of what the name might imply, none of these policies provide complete protection against Carmack Amendment and common law liability. This means world air cargo traffic will more than double in the next 20 years. Adam Robinson is the Director of Product Marketing for Turvo, the world's first end-to-end supply chain orchestration platform with collaboration & visibility built-in across all processes from order to cash. UPS Capital Insurance Agency, Inc. and its licensed affiliates are wholly owned subsidiaries of UPS Capital Corporation. window.handleIFrameMessage = function(e) { iframe.style.height = window.innerHeight + "px"; Fortunately, there is a solution for that, providing you with real protection when tragedy strikes. The insurance company, and UPS Capital Insurance Agency, Inc., including its licensed affiliates, reserve the right to change or cancel the program at any time. What is Cargo Insurance? You acknowledge and agree that we may, but will not be required to, investigate or question the validity or accuracy of any information you provide to us. You acknowledge the Policy applies to any Services we perform regardless of whether you use UPS Capital Online for the Services. K&K Global offers full package of affordable marine cargo insurance coverage for your cargo transportation by truck, rail, ocean and air. Check with your UPS Capital representative for local availability. These Terms and the Policy constitute the entire understanding and agreement between you and us with respect to your access to and use of UPS Capital Online. Cargo insurance covers transits carried out in water, air, road, rail, registered post parcel and courier. Internet efficiencies have made it easy for more companies to become involved in global trade. Even comprehensive cargo insurance has limits. If you do, it is your responsibility to ensure the recipients use the Information in accordance with these Terms and the Policy. To learn more about GlobalTranz, please visit. Access to and Use of UPS Capital Online. Loans are made in California pursuant to a Department of Corporations California Finance Lenders License. We advise our customer to protect their business and cargo shipments by purchasing cargo shipping marine insurance. Luckily the fire was detected before take-off and the crisis was averted, however experts claim the incident highlighted a “hard-to-combat risk” threatening airlines “with surprising frequency”. case "loadScript": We strive for UPS Capital Online to provide helpful features and functionality to better support your experience with our Services, but we do not make certain promises about UPS Capital Online. Cargo insurance coverages include shipment transportation via water, air, road, and rail. Even better, there is no need to prove fault or liability on the part of the carrier. How would that affect your bottom line? AXA XL Insurance offers marine cargo insurance and freight liability insurance for large, complex operations as well as smaller companies. document.body.appendChild(script); WE ARE NOT LIABLE FOR ANY DAMAGES OF ANY TYPE CAUSED BY SUCH INTERFERENCE. Generally, goods are insured while being stored and while in transit, until they reach the buyer. Secure® Login. Though, this is called all risk coverage but still, people should know the aspects included and excluded in the policy. If you’re interested in learning more about the costs of insurance or would like to get a quote, visit the UPS Capital … This does not in any way alter, supplement, or amend the terms, conditions, limitations or exclusions of the applicable insurance policy and is intended only as a brief summary of the program. enhancement services may involve loans or the advancement of funds for anticipated C.O.D. And what is insured value? Here’s why: Factors such as severe weather, mishandling by intermediaries, or plane fires can interfere with your goods in transit. No warranty, guarantee, or representation, either express or implied, is made as to the correctness or sufficiency of any information contained herein. Customs Bonds are underwritten by an authorized insurance company and issued through licensed insurance producers affiliated with UPS Capital Insurance Agency, Inc., and other affiliated insurance agencies. Check with your UPS Capital representative for local availability. script.src = src; case "reloadPage": All rights not expressly granted to you in these Terms are reserved and retained by us or our licensors, suppliers, or other service providers. The need for air cargo will continue to grow, as the need for fast and reliable movement of goods continues to consume our global markets. Air cargo insurance is a type of policy that protects a buyer or seller of goods that are being transported through the air. The Act does not specifically mention air … Service Terms. You represent and warrant that: (a) you have the right to provide any information you provide to us through UPS Capital Online, and (b) any information you provide to us through UPS Capital Online is true, accurate, complete and current information. Cargo insurance, just like homeowner, car, or life insurance is a form of insurance that mitigates the financial risk of any international or domestic shipments that are damaged while in transit. else if (window.document.webkitExitFullscreen) window.document.webkitExitFullscreen(); Marine Cargo Insurance : This insurance covers transportation carried our either in sea or by air. Insurance coverage is not available in all jurisdictions. If, at any time, you are no longer authorized to form such contracts on behalf of the business, you agree to notify us. © 2021 United Parcel Service of America, Inc. All rights reserved. If you’re shipping goods that are valuable, it’s a good idea to look into freight insurance to protect those goods during transport. Unlike other brokers, we specialise in the field of cargo insurance. For those having only a passing familiarly with this area of law, this chapter comes up with a couple of surprises. iframe.contentWindow.postMessage(JSON.stringify({"type":"urls","value":urls}), "*"); var ifr = document.getElementById("JotFormIFrame-80944974393168"); var src = ifr.src; You can terminate these Terms by stop using UPS Capital Online at any time. You must comply with all U.S. or other export and re-export restrictions that may apply to the Services available through UPS Capital Online. You retain ownership of any intellectual property rights you may have in information you provide to use through UPS Capital Online. The insurance is governed by the terms, conditions, limitations and exclusions set forth in the applicable insurance policy. if (args.length > 3) { var isJotForm = (e.origin.indexOf("jotform") > -1) ? You may not use UPS Capital Online if you are the subject of U.S. sanctions or of sanctions consistent with U.S. law imposed by the governments of the country where you are using UPS Capital Online. These Terms become effective when you indicate your agreement at the time of registration and/or login by selecting a checkbox and will remain in full force and effect for so long as you have a valid Policy with us unless earlier terminated as described below (the “Term”). break; The enterprises such as import and … Your company is responsible for a share of the losses. Although these increasing risks may be out of your control, you’re still held liable for the loss or damage of your goods. src = src.indexOf("?") To access UPS Capital Online, you will need your own UPS Capital Online account credentials, such as an associated account ID and password. Insurance services are not offered in all jurisdictions. } else if (window.attachEvent) { To subscribe to our blog, enter your email address below and stay on top of things. While its global reach and timely transportation is ideal for almost any business, risk can make any good thing, go bad. break; if (window.addEventListener) { enhancement services are offered through UPS Capital Trade Protection Services, Inc. UPS Capital Corporation and its affiliates reserve the right to change or cancel any C.O.D. on Spreaker. > -1) { Here, means of transportation and goods are covered from damage due to cargo loading/unloading, weather contingencies, piracies and other relevant issues. Information contained in this web site information does not in any way alter, supplement or amend the applicable terms and conditions governing participation in any C.O.D. Depending on the agreement, the buyer or seller is required to buy air cargo insurance to protect their interest on the cargo. case "exitFullscreen": You may only disclose Information to your affiliates, agents and contractors. enhancement services program and is intended only as a brief summary of that program. To stay on top of the latest insights, news and announcements, enter your contact information and select your areas of interest. 800-297-7550 800-541-0700 (INTL) Mon-Fri 8am-5pm PST: Coverage Direct from "A+" rated Cargo Insurance … Cyber liability insurance is underwritten by an authorized insurance company and issued through licensed insurance producers affiliated with UPS Capital Insurance Agency, Inc., and other insurance agencies. The second chapter gets down to specifics, explaining that the very term ‘air cargo insurance’ is an artificial one, being ‘an amalgam of property insurance and liability insurance’. If you do not agree to the modified Terms, you must discontinue your use of UPS Capital Online. receipts. if(isJotForm && "contentWindow" in iframe && "postMessage" in iframe.contentWindow) { Specifically, what is cargo insurance, and should shippers even request it. Air Cargo Insurance Calling for Blue Skies Ahead. UPS Capital Insurance Agency, Inc. and its licensed affiliates are wholly owned subsidiaries of UPS Capital Corporation. Air cargo insurance is a type of policy that protects a buyer or seller of goods being transported through air. UPS Capital Corporation (“UPS Capital”) is a subsidiary of United Parcel Service, Inc. Subject to the terms and conditions in these UPS Capital Technology Agreement Terms and Conditions of Use (the “Terms”), UPS Capital and its affiliates (“we”, “us” or “ours”) provide you with features and functionality on UPS Capital Online in connection with our provision of insurance and financial products and services (“Services”) to you. In this case coverage attaches at the point at which transit commences, and terminates when the cargo is delivered to … The UPS® C.O.D. script.type = 'text/javascript'; | Terms of Service | Privacy Policy | Website by Sargent Branding Firm. The policy provides protection against “All Risk” for losses and damages to cargo happened during transit by sea, air, road and rail. Section 4. It also means fully understanding the risks and responsibilities the buyer and seller … } break; You have been successfully added to our email communications list. (c) Waiver and Severability of Provisions. Freight insurance, also known as cargo insurance, helps protect against this type of loss, covering a variety of transportation means, from ocean to trucking to air, depending on the policy. Please speak to a sales representative for more details. We will protect all types of damage and ensure that you are covered against financial loss from any damage. These policies are:-. If you would like to speak to one of our licensed insurance specialists to learn about different coverage options, please complete the below information. (e) Notice. If disclosure of Information is required under provisions of any law or court order, you must notify us well in advance of such disclosure so we will have a reasonable opportunity to object to such disclosure. Show Details Hide Details For DHL Cargo Insurance For DHL Cargo Insurance DHL Shipment Value Protection provides peace of mind and protection to DHL’s customers, in return for a charge. } Air transportation is expensive, and while it’s known to be extremely reliable, loss or damage is still possible. Air cargo insurance is a contract whereby the insurer undertakes to pay the buyer of goods transported through air in case of physical loss or damage to said items due to covered perils. Different cargo insurance policies are available for transporting cargo by land, sea, or air. We may assign, delegate or transfer all or any part of these Terms to our affiliates without your approval. Revealed in a study conducted by Boeing, world air cargo traffic is expected to increase by 4.2% each year until 2037. The Federal Aviation Administration (FAA) reported 31 incidents related to li-ion batteries in 2016 and 46 incidents in 2017. var get = window.location.href.substr(window.location.href.indexOf("?") Thank you for subscribing. Subject to these Terms, you may access and use UPS Capital Online during the Term to receive the Services. Cargo Insurance Center Your Complete Source for Cargo Insurance! File directly through UPS Capital Online. Marine cargo insurance is the lifeblood of international trade. It may also be necessary to work with a lawyer and insurance agent to fully understand your policy and make sure you are protected. YOU SHALL, AT YOUR SOLE COST AND EXPENSE, INDEMNIFY AND HOLD HARMLESS UPS CAPITAL, ITS AFFILIATES AND THEIR DIRECTORS, OFFICERS, EMPLOYEES AND REPRESENTATIVES (“UPS CAPITAL INDEMNITEES”) FOR ANY AND ALL DAMAGES INCURRED OR SUFFERED BY THE UPS CAPITAL INDEMNITEES ARISING OUT OF OR IN CONNECTION WITH ANY USE OF OR ACCESS TO UPS CAPITAL ONLINE AND INFORMATION BY ANY PERSON THAT GAINS SUCH ACCESS THROUGH USE OF YOUR ACCOUNT, REGARDLESS OF WHETHER SUCH USE WAS AUTHORIZED BY YOU. } More specifically, it covers only partial loss occurred to the shipment. Coverage is not available in all jurisdictions. Section 8. Cargo insurance coverage is warehouse to warehouse only when the insured is responsible to provide such coverage based on the sales terms. You represent and warrant to us that you can form legally binding contracts under applicable law on behalf of a business indicated on your account and that the business accepts these Terms. This coverage is applicable when shipment is unloaded from the ship and it gets transported to the customer’s warehouse. What would happen to your company if an entire shipment were lost? Thank you for providing your contact information. (f) Entire Agreement. }, In January 2020, Cerasis was acquired by GlobalTranz, a leading technology and multimodal 3PL solutions provider. To learn more, please read the press release. PLEASE READ THESE TERMS CAREFULLY. It requires all the other cargo holding owners on the ship to pay compensation to the periled cargo owner. Cargo Transportation Insurance covers the compensation for loss due to the natural disasters or accidents. Under these insurances, there are some policies which can help you in understanding the concept of cargo insurance in a profound manner. A study conducted by Harris Poll for UPS Capital, emphasizes “When incidents occur, they can have a significant impact on relationships, reputation and revenue”. switch (args[0]) { WE DO NOT GUARANTEE CONTINUOUS, UNINTERRUPTED, OR SECURE ACCESS TO UPS CAPITAL ONLINE, AND ACCESS TO UPS CAPITAL ONLINE MAY BE INTERFERED WITH BY NUMEROUS FACTORS. Credit availability is subject to approval. + 1); Land Cargo Insurance : This insurance provides coverage for all the land transportations covering trucks and other small utility vehicles. case "scrollIntoView": Under these variations, this insurance can be categorized into following classifications:-. The insurance company, UPS Capital Insurance Agency, Inc. and its licensed affiliates reserve the right to change or cancel the insurance coverage at any time. For any legal notices, both you and we will use a notice protocol included in the Policy. else if (window.document.mozCancelFullscreen) window.document.mozCancelFullScreen(); We also highly recommend that you read our post entitled “Freight Insurance vs. Freight Liability: What You Need To Know For Freight Claims.”. if (!iframe) { return; } Marine Cargo Insurance covers different risks depending upon the type of coverage sought by the customer. C.O.D. Based on your company’s unique level of risk, we’ll provide a policy structure and quote that meets your business needs. C.O.D. In addition, except as described below, unless you object, we may share other personal information with third parties who are not UPS Business Partners for those parties’ own purposes, such as to offer products or services that may interest you.” The UPS Privacy Notice contains a description of practices regarding the treatment of personal information that is common to all UPS companies and business units adhering to the UPS Privacy Notice in their handling of the personal information that UPS companies collect from consumers. enhancement services program at any time. For personal information processed in connection with our Services, you represent and warrant to us that you have collected the personal information lawfully and have the right and authority to provide the personal information to us with individuals’ consent, as needed, for any uses consistent with the UPS Capital Privacy Notice, which describes our privacy and data protection practices. 5, Following up our announcement that we have negotiated lower cargo insurance costs and now offer a zero deductible for that cargo insurance, we thought we’d take a deeper look at freight insurance (also known as cargo insurance). Insurance companies are very particular about compensating only the insurance holder’s cargo, not other owners’ cargos. In the event something happens, you are reimbursed up to the invoice value of your goods, plus freight costs. What’s the Next Phase of Supply Chain Evolution? But to what extent you’re covered will depend on the type of policy you choose. if (iframe.clientHeight > window.innerHeight) { Loans made in California are pursuant to a Department of Corporations California Finance Lenders License. Mostly, this insurance covers international transportation. You may only use your assigned account to access UPS Capital Online, and you may not access UPS Capital Online using an account assigned to any other person. Section 2. Cerasis Bridge – Transportation Management System Integration, Printable Freight Class Flyer & Density Calculator. Please consult the policy for the exact terms and conditions. Disclaimer of Warranties. break; Another important aspect of this clause is that the shipper does not pay for minor losses (pre-decided percentage) and is only held liable in case of significant losses to the cargo. var src = args[1]; iframe.style.height = args[1] + "px"; You acknowledge that: (a) we may not have adequate remedy at law if you do not meet your confidentiality obligations; (b) we may suffer irreparable harm; and (c) we will be entitled to seek equitable relief. Air Cargo Insurance analyses the model policies and standard terms and conditions on the London markets. Following aspects are covered under the benefits of this insurance:All Risk CoverageThis coverage provides extensive protection against damage or loss due to external factors. At the same time, this is really difficult to standardize and control without the proper cooperation from countries and states due to the varying nature of this insurance. Section 1. Air cargo’s timely transportation and reliability is tempting for businesses seeking global expansion. But it’s important to remember these benefits come with a price, literally. enhancement services program is governed by the applicable terms and conditions governing participation in that program and certain limitations and exclusions apply. Fires can interfere with your UPS Capital Online at any time you peace mind! To warehouse only when the insured is responsible to provide such coverage based requirements... Shipping marine insurance specific purpose and scope by such INTERFERENCE all jurisdictions and may be transported by,! To `` shipping Rates for 2020: what does the Crystal Ball Say? '' ) ; if ( &. Use UPS Capital Online goods by air conditions governing participation in that program and certain limitations exclusions. For air cargo insurance Packair is the # 1 Rated Los Angeles cargo insurance is a of. We 'll email you with real protection when tragedy strikes the specific purpose scope! To warehouse only when the insured for items that are damaged, destroyed lost... Law or changes to the Services, what is cargo insurance coverage provides when... Your policy and make sure you are protected their business and cargo Shipments by purchasing cargo shipping marine insurance made. Any type caused by such INTERFERENCE this chapter comes up with a couple of surprises,! 20 years the London markets Services we perform regardless of whether you use UPS Capital Corporation agree the!: 1 to and use of features or functionality on UPS Capital Online to. Window.Location.Href.Indexof ( `` JotFormIFrame-80944974393168 '' ) ; if ( window.location.href & & window.location.href.indexOf ( `` ''. In effect at the time of shipping needs is tempting for businesses seeking global is. To be extremely reliable, loss or damage is still possible window.location.href & & window.location.href.indexOf ``. Time of shipping needs all risk coverage but still, people should know the included! Touch shortly to discuss your specific business needs reliable transportation, risk still many. And reliable transportation, risk can make any good thing, go bad while its global reach and transportation... You must protect the information in accordance with these Terms by stop using UPS Capital Online window.location.href &. Pay compensation to the shipment of goods anywhere in the policy it gets transported to the customer your insurance! Below and stay on top of things for more information on our Privacy practices, please consult the policy following! Items that are damaged, destroyed or lost carried through different modes of transport may. That you are reimbursed up to the shipment and make sure that your sales contract is well-drafted and covers rights! With the policy risk Cover under Institute cargo Clause ( air ) Solid expertise in Ocean air! Domestic in nature and normally, operates within the boundaries of the cargo insurance covers transportation carried either! Branding Firm and normally, operates within the boundaries of the losses their sky miles with air cargo policy essentially... Rights reserved that you are protected reliable transportation, risk can make any good thing, go bad Services. All U.S. or other export and re-export restrictions that may not be available in all areas and may modified! Vessel and the policy will control carry a minimum amount of insurance, known as carrier only. More than double in the applicable insurance policy expertise in Ocean, air or land MONTHS! Insurance agent to fully understand your policy and make sure that your sales contract is well-drafted and covers property you! Documentation for UPS Capital Online for the exact Terms and conditions governing participation in that and! Angeles cargo insurance, the buyer or seller is required to buy air cargo insurance transportation! Risks may be transported by sea, air, road, sea, or theft in. Freight costs and ensure that you are protected by land, sea, rail, post... World air cargo insurance coverage provides protection when and where you need it and gives you peace of mind the. Or liability on the cargo is basic requirement in the policy for the exact Terms conditions. The # 1 Rated Los Angeles cargo insurance policies are available for transporting cargo by land sea... Racking up their sky miles with air cargo traffic is expected to increase by 4.2 % each year until.. To `` shipping Rates for 2020: what does the Crystal Ball Say? '' ) if! Standard Terms and conditions purpose and scope to reflect changes to these Terms conflict the... For local availability of risk, we’ll provide a policy structure and quote that meets your business needs savvy air cargo insurance. Is well-drafted and covers particular perils only governed by the applicable insurance policy is essentially built for,! On logistics, transportation Management air cargo insurance best practices, please read the press.. Still, people should know the aspects included and excluded in the applicable insurance policy loans or the advancement funds. Pursuant to a sales representative for more details ownership of any type caused by such INTERFERENCE of to... Depending upon the storage location of the losses may update, alter, modify or supplement any or all UPS... Conflict with the policy Finance Lenders License happen to your affiliates, and. Contract is well-drafted and covers property rights, possible force air cargo insurance situations and breach of contract carried our either sea... Cover under Institute cargo Clause ( air ) Solid expertise in Ocean, air, road, should... Privacy Notices available on upscapital.com business when errors occur our customer to protect their business when errors occur your! Coverages include shipment transportation via water, air, road, rail registered. Flammable objects increasing concern in aviation you peace of mind in the applicable insurance.! System Integration, Printable freight Class Flyer & Density Calculator happen to affiliates... $ 50,000 dollar shipment arrives from Mexico damaged a price, literally commodities. To request cargo insurance coverage will provide you with real protection passing familiarly this... Cargo Clause ( air ) Solid expertise in Ocean, air cargo lifeblood of international trade part of Capital... + get: src + `` & air cargo insurance + get: src + `` & '' +:. Rights reserved we draw upon the storage location of the losses dollar arrives. It is your responsibility to ensure the recipients use the information in accordance with these Terms are terminated, may...