Carriers marine cargo insurance covers for loss of damage to goods whilst in your care during transits within Australia.
This type of policy can cover a wide range of transport businesses, from small operators all the way up to large transport companies.
Carriers marine cargo insurance is an inexpensive way for sound risk management of your transport company. Most carriers marine policies are based on annual gross freight earnings and there is no need to declare the number of trips you do.
Different types of carrier marine policies available
A carriers marine policy has number of different types of cover to suit your needs:
Carrier’s legal liability
This section is available where You limit Your liability by incorporating Approved
Terms and Conditions into Your contract of carriage. It covers Your legal liability to
pay certain compensation for loss of or damage to Goods whilst in Your Conveying
Vehicle or Your premises and during Transit.
Carriers Goodwill - Accidental Damage
This section covers You for Accidental loss of or damage to Goods whilst in Your
Conveying Vehicle or Your premises occurring during Transit irrespective of Your legal liability or contract terms. Including Loading and unloading, theft/pilferage/& non delivery, and shedding of load.
Carriers Goodwill - Defined Events
This section covers You for loss of or damage to covered Goods whilst in Your
Conveying Vehicle or Your premises occurring during Transit caused by a defined Insured Event irrespective of Your legal liability or contract terms.