Analysis of knowledge related to freight insurance

Mondo Education Updated on 2024-02-01

OneBasic information about your application.

1. Information of the policyholder and the insured.

2. The subject matter of insurance (the name of the goods).

3. Packaging mark information (industry standard packaging).

4. Transportation route and departure date (place of departure, destination, transit place).

5. Means of transportation (automobiles, trains, ships, airplanes).

6. The type of insurance (selected according to the mode of transportation, and the combination of multiple types of insurance for multimodal transport has the difference between basic insurance and all risks).

7. The total value of the goods insured each time (and the value of the goods per vehicle).

8. General cargo rate, chemical dangerous goods rate, deductible amount and ** confirmation.

9. If the insured is insured within 3 days after the goods are shipped, the back-signed letter of guarantee can not be provided, and if it is exceeded, the back-signed letter of guarantee is required.

Special cargo transportation.

1. Dangerous goods (non-flammable and explosive).

2. Precision instruments.

Instruments and equipment with a unit price of 5 million yuan.

Accessories are difficult to find after the equipment is damaged, and must be shipped back to the original factory for repair or difficult to repair, and or damage assessment, and or repaired instruments and equipment.

Balance, stability, shockproof, dustproof and moving of the instrument and equipment during transportation.

Instruments with special and strict requirements such as inclination angle, constant temperature, constant humidity, etc.

3. Major machinery and equipment (more than 50 tons, super long, super high, etc.).

4. The agreement stipulates that each means of transport shall be responsible for each voyage and train.

The maximum insurance liability is:RMB 5,000,000(If there is exceedance, please let us know in advance).

IIIntroduction to cargo insurance.

The main types of insurance terms are as follows:

Ground transportation insurance. All risks for land transportation.

Ping An Insurance. Water damage insurance.

Marine All Risks.

Aviation insurance. Air Freight - Risk.

Insurance clauses for the carriage of goods by road.

Ground transportation insurance (basic insurance).

1.The insured goods are subjected to storms, lightning, floods, natural disasters in transit, or as a result of:

The transport vehicle has been collided, overturned, derailed, or stranded or hit the reef due to the lightering tool during the lightering process

Sunken, collision, or caused by tunnel collapse, cliff collapse, or fire, accident.

or partial loss.

2.The insured shall take measures to rescue, prevent or reduce the damage to the goods that are subject to the danger of the insured liability.

a reasonable cost to be paid, up to the extent that it does not exceed the insured amount of the salvaged cargo.

Remarks: Iron and steel are removed from rust;Basic insurance is underwritten for naked cargo except for the risk of rust and scratching, second-hand,

Exhibition or repaired goods will only be liable for all losses caused by the occurrence of warranty accidents).

All risks. In addition to underwriting basic insurance liability, it is also responsible for:

This insurance is also responsible for all or part of the loss of the insured goods due to external causes in transit.

Insurance clauses for sea transport cargo.

Limitation of Liability. This insurance is divided into three types: safety insurance, water damage insurance and cut insurance. When the insured goods suffer damage, this.

The insurance is liable for compensation in accordance with the terms of the insurance policy that underwrite the insurance.

1) Ping An Insurance.

This insurance is responsible for indemnifying:

1.The insured goods are naturally transported due to bad weather, lightning, tsunamis, and floods.

The disaster resulted in a total or presumed total loss of the entire shipment. When the insured claims for a constructive total loss, the damaged goods and their rights must be entrusted to the insurer. If the insured goods are transported to or from a sea vessel by barge, each cargo loaded on the barge may be treated as a whole batch. Presumptive total loss refers to the actual total loss of the insured goods.

The cost of restoring, repairing, and transporting damaged goods to their original destination is unavoidable.

The value of the goods exceeds that destination.

2.As a result of the conveyance being stranded, hit on the rocks, sinking, colliding with drift ice or other objects.

and all or part of the loss of goods caused by fire and accidents.

2) Water damage insurance.

In addition to the liabilities listed above, this insurance is also responsible for the damage caused by the insured goods.

Partial losses caused by natural disasters such as bad weather, lightning, tsunamis, and floods.

3) All risks.

In addition to the above liabilities including safety insurance and water damage insurance, this insurance is also responsible for the insured goods.

Total or partial loss of the goods due to external causes in transit.

Cargo Insurance Clauses for Air Transport.

1) Air transport insurance.

This insurance is responsible for indemnifying:

1.The insured cargo suffers from lightning, fire or** in transit or as a result of the aircraft suffers from badness.

Abandoned due to weather or other catastrophic accidents, or as a result of a collision, capsize, fall or loss of aircraft.

Total or part of the damage caused by the accident.

2.The insured shall rescue the goods that are subject to the dangers covered by the insurance liability to prevent or reduce the damage to the goods.

to the extent that the amount of insurance not exceeding the amount of the salvaged goods is not exceeded.

2) All risks for air transport.

In addition to including the liability of the air transportation insurance listed above, this insurance also covers the insured cargo due to the exception.

Total or partial loss caused by the cause.

IIIPost-accident process.

FourthClaim materials.

Claim documents: original insurance policy, bill of lading (waybill), invoice, packing list, tally visa, etc

Inspection (measurement) report and related goods damage and difference certificates.

If a third party liability is involved, a letter and telegram of recovery from the responsible party must also be provided.

Other necessary documents or documents.

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