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At Shipping Insurance
you can view a sample of Marine Insurance Certificate before you get Certificate of Cargo
Insurance for your shipment. Our cargo insurance policy allows to
insure international & domestic shipments of commercial cargo,
household goods, vehicles, boats, etc. See an insurance certificate
sample for assured details, export import shipment date, cargo shipping booking details,
full insured value, port of origin & departure, insuring terms, claims procedures. |
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Please, see below the sample copy of the Marine Insurance Certificate. We provided the description of the
sections of this cargo insurance policy. Use it as a guideline when filling out the
ORDERS FORM.
1) Certificate Number: a unique number that will
be assigned to your cargo insurance certificate.
2) Shipment Date: departure date of your international
or domestic shipment of commercial cargo, household goods, vehicles,
boats, machinery, commodities, merchandise, etc.
3) Assured: Your or receiver name (the beneficiary of insurance) and address.
4) Insurer: Name of the cargo insurance policy underwriters.
5) Shipping Details: name of the shipping company (ocean carrier,
airline, trucking co.), vessel name, voyage / flight number.
6) Insured Value: normal rule is to insure for CIF +
10%. Total cost of the cargo, freight shipping charges,
insurance premium and add 10%. This amount should cover
the REPLACEMENT COST plus any unforeseen expenses.
7) Place of Origin: city, state / region, country, port of departure.
8) Final Destination: city, state / region, country, port of destination.
9) Description of Goods: what is being shipped, number
of packages / pallets, weight, marks, VIN / ID numbers.
10) Average Terms & Conditions: special terms for your
cargo shipment. Cargo Insurance Policy deductible is 1% of the insured
value with $500 minimum. Household goods are subject to 3% deductible, minimum of $250.
11) CONDITIONS: Warranties and conditions according to
American Institute Cargo Clauses. Please, refer to the full list of
Terms & Conditions here.
12) Additional Notes: more details on your
international or domestic shipment; letter of credit information, etc.
13) Consignee: if the receiver of the cargo is different from the Assured.
14) Claims Agent: company at the country of destination
to be notified in case of cargo damages or losses.
15) Claims Procedures: steps to file the cargo
insurance claim and list of required supporting documents. |
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