CARRIER’S LIABILITY INSURANCE
- OVERVIEW
- INSURANCE COVERAGE
- EXCLUSION
- PRODUCT DOCUMENT
- CLAIMS GUIDELINE
- OTHER PRODUCTS
Carrier’s Liability insurance
product overview
If you are in the logistics business, you may understand very well how the cargo in your care, custody and control are exposed to various perils whether on-the-way or in storage. TMIV’s Carrier’s Liability insurance would be a solution to protect your business against the unwanted losses to the cargo that you may be liable for.INSURANCE COVERAGE
main coverage
TMIV would indemnify in respect of your legal liability for all direct, physical and accidental loss of or damage to property in your care, custody or control:
- Whilst on vehicles in the ordinary course of transit
- Whilst kept in storage in the warehouse operated by the Insured
- During loading and unloading at warehouses, customers’ premises or others as specified in the policy
extended coverage
EXCLUSION
- Special property: money, precious metal or stones, glass, porcelain, dangerous goods…
- Uninsurable causes of loss: rust, oxidisation, wear and tear, inherent vice and nature, wilful act of the Insured, war, radiation…
- Perils which require other specific insurance: interruption of business, erection of insured property, vibration or weakening of support, full theft, infidelity…
Specific exclusions would be mentioned in your policy