The most common type of cargo insurance is all-risk. This type is very similar to car insurance under CASCO policy, because the company is held responsible for almost any risk to the cargo. The insurance covers the whole route and period of cargo transportation. Of course, there is a number of limitations, including intentional cargo damage, fraudulent actions of the Beneficiary, the Sender's responsibility for the correctness of the loading.
Being a general partner of Alfa-Strakhovanie (Alfa-Insurance, rus. – «Альфа-Страхование»), our Company has the most profitable rates for cargo insurance, which range from 0.08% to 0.3% of the declared value, depending on its nature, delivery terms and type of transportation.
The terms and conditions of cargo insurance are listed in our contracts, and are also accessible on Alfa Strakhovanie’s website.
If you take out cargo insurance through our Company, you additionally get several convenient and advantageous options, which are included below.
- No-Franchise Insurance, in which Clients receive compensation for the entire value of the damage with no limit.
- Simplified Algorithm of Consideration of insurance events, if the cost of damage to the cargo is estimated at less than 250 000 RUB.
- Under the Simplified Scheme of Consideration the Customer can count on 15-20 days of reimbursement of the claimed loss when the case is considered insured.
- Express-Reimbursement for minor risks if the value of the damage caused to the cargo as a result of the insured event does not exceed 25 000 RUB.
All groupage cargoes are subject to compulsory insurance because their delivery requires warehouse handling procedures and transportation by several types of vehicles. It naturally creates higher risks of occurrence. General cargoes, the value of which exceeds the equivalent of 10 000 USD, are also subject to compulsory insurance.
