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What if something happens to my excess baggage on
route?
OK, so you have packed your shipment to the best of
your ability but you are still a little concerned about your excess baggage.
Your Air services are automatically covered by
International Airlines, they have a limited liability between the airport of departure and airport of arrival
for loss or damage. Shipping lines offer no such cover.
Both shipments are carried on the basis of “shipper’s
risk”. It is the responsibility of the sender to insure their shipment for loss
or damage.
Should you want
the peace of mind, or feel the value offered in the event of a mishap by either
service isn’t enough…then ask World Baggage about a ‘marine transit insurance’
policy.
Limited liability
Without insurance you have only the minimum
protection for your goods because international carriers typically have limited
liability in the event of loss, or damage or delay. This comes from
internationally ratified conventions - see your bill of lading or sea waybill
for details - and the standard trading conditions.
Airlines, freight forwarders and other supply-chain
parties operate under limited liability conditions. This means you're unlikely
to receive compensation equal to the actual value of your goods if they're lost
or damaged. The full replacement value for consignments and any applicable
freight costs should therefore be protected by adequate insurance cover.
What is cargo insurance?
Cargo
insurance (also called marine cargo insurance) covers physical damage to, or
loss of your goods whilst in transit by land, sea and air.
What other options are open to me?
Do
nothing and carry the risk yourself. If an incident occurs resulting in damage
or loss to the goods you could take action against the carrier. But you should
remember that carrier liability is strictly limited by internationally agreed
conventions.
The Warsaw and Montreal Conventions
These
conventions govern the international carriage of goods by air. They cover:
- the carrier's
responsibilities
- basis of carrier
liability
- financial liability
limits
- carrier's
responsibility for sub-contractors
- documentary
requirements
- consignor's
liabilities
- special provision regarding
dangerous goods
- claim time limits
and limitation periods
How much will it cost me?
Like all
insurance cover you will have to pay for your cargo insurance services. Premium
is usually calculated according to the value of the consignment the type of goods
and other specific risks (mode of transport, route, destination, etc.) from the
insurer's perspective.
Simply enter the total value required to be insured
when getting an instant quote online
Insurance details
Institute cargo clause (c)
World Baggage intent to Claim guidlines
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