A cargo insurance policy will protect your cargo from any loss or damage caused during transit via road, sea, rail or air. var args = e.data.split(":"); Specifically, what is cargo insurance, and should shippers even request it. Air Cargo Insurance Air transport is steadily becoming a more economical and efficient way to ship goods around the world. case "scrollIntoView": Policies exclude coverage in many different ways. + get; C.O.D. script.type = 'text/javascript'; This insurance coverage belongs to special category and covers particular perils only. For example, certain types of cargo are excluded, only specific equipment and terminals are covered, losses caused by certain events are not covered, or coverage applies only if a service is performed in a certain way. Cargo insurance coverages include shipment transportation via water, air, road, and rail. If you learn of any unauthorized use of your account, you will notify us. Thank you for providing your contact information. Section 2. Based on your company’s unique level of risk, we’ll provide a policy structure and quote that meets your business needs. © 2018 Cerasis. Overall, it’s crucial for shippers to document their cargo’s value in case of disputes, losses, or damages. if(isJotForm && "contentWindow" in iframe && "postMessage" in iframe.contentWindow) { Air Cargo Insurance analyses the model policies and standard terms and conditions on the London markets. Having managed major international projects and teams, Jim demonstrates expertise in global sales strategies, product innovation, and ensuring profitable growth for UPS international air freight products. 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. Cargo insurance will cover your shipment up to its full value, but the specific issues you’ll face when transporting your goods mean that for the best possible deal and cover, you’ll need expert advice. Check with your UPS Capital representative for local availability. Air cargo insurance is a type of policy that protects a buyer or seller of goods that are being transported through the air. 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. Disclaimer of Warranties. What if your shipment is being transported via container vessel and the ship sinks? 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. The Act does not specifically mention air … A full-risk cargo insurance policy, like one from UPS Capital, provides you with worldwide coverage regardless of the transportation carrier or shipping mode. Even comprehensive cargo insurance has limits. Our cross-border cargo insurance coverage is designed to comply with licensing and tax requirements. *Required fields. Insurance companies are very particular about compensating only the insurance holder’s cargo, not other owners’ cargos. 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. We may assign, delegate or transfer all or any part of these Terms to our affiliates without your approval. 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. You are responsible for maintaining the confidentiality of your account ID and password and for restricting access to your account, and you agree to accept responsibility for all activities that occur under your account ID and password. 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. } Your company is responsible for a share of the losses. iframe.contentWindow.postMessage(JSON.stringify({"type":"urls","value":urls}), "*"); 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. 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. Therefore, shippers can request cargo insurance to protect their goods from loss, damage, or theft while in transit. For any legal notices, both you and we will use a notice protocol included in the Policy. 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. Pay close attention to the details of your policy and clarify any doubts you may have with your insurance … break; 3. No waiver of any provision of these Terms will be effective without a written waiver for the specific purpose and scope. 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. enhancement services program is governed by the applicable terms and conditions governing participation in that program and certain limitations and exclusions apply. To learn more, please read the press release. What is Cargo Insurance? Cargo Insurance Center Your Complete Source for Cargo Insurance! C.O.D. Your cargo insurance policy is essentially built for you, optimizing your coverage in our increasingly complex global supply chain. Air cargo insurance is a type of policy that protects a buyer or seller of goods being transported through the air. In this policy, following perils are included:-. 800-297-7550 800-541-0700 (INTL) Mon-Fri 8am-5pm PST: Coverage Direct from "A+" rated Cargo Insurance … To subscribe to our blog, enter your email address below and stay on top of things. 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. Speak to one of our licensed insurance specialists. We may modify these Terms that apply to your use of features or functionality on UPS Capital Online from time to time. 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. WE ARE NOT LIABLE FOR ANY DAMAGES OF ANY TYPE CAUSED BY SUCH INTERFERENCE. But to what extent you’re covered will depend on the type of policy you choose. 2. break; These policies are:-. In the event these Terms conflict with the Policy, the Policy will control. Automatic® and C.O.D. Listen to "Shipping Rates for 2020: What does the Crystal Ball Say?" 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. International trade of mode racking up their sky miles with air cargo insurance is governed by the,! Peace of mind in the event something happens, you will notify us for.. In touch shortly to discuss your specific business needs FIRST event GIVING to... Necessary in our increasingly complex global Supply Chain Evolution status, find invoice details, or.... To what extent you ’ re covered will depend on the type policy... Crucial for shippers to document their cargo ’ s time to Rethink Chain! 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