CASUALTY & LIABILITY

Carriers Legal Liability

Liabilities arising from physical loss or destruction of or damage to goods or merchandise while in transit, including loading or unloading and temporarily housed on or off vehicles in the ordinary course of transit, are regular risk carriers and transporters are exposed. Carriers Legal Liability as Insurance safeguards carriers and transporters against such risks.

Extended Insurance coverage to the losses arising out of

  • Damage to cargo directly caused by fire, explosion, or accident to the transporting vehicle.
  • Carrier's liability for cargo.
  • Cargo salvage, transshipment, emergency storage costs.
  • Financial loss due to the lost freight in respect of the damaged part of the cargo.
  • Legal and other expenses incurred in the lawsuit against the claimants.
  • Costs of average adjusters.
  • Breakage due to improper handling.
  • Flood or water damage or damage by other cargo.

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At GlobeSecure, we understand the career business risk parameters studying the following parameters to tailor the right Insurance programme to secure the careers liability

  • The wording of the carrier's consignment note should be scrutinized to confirm that proper provision is made for mentioning adequacy of packing, the weight of goods, etc.
  • Maintenance of logbook for each vehicle since
  • Maintenance, condition of each vehicle.
  • The skill of drivers.
  • Previous claim history.
  • A fleet of vehicles, area of operation.
  • Nature of goods carried.

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