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Why is it different from the Cargo Property Program?

April 26, 2017cargo different program Property

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Why is it different from the Cargo Property Program?

1 Answer

0

10 Posted

Cargo Property Insurance pays for the loss or damage to the cargo regardless of the fault of the Freight Forwarder or carrier. The Freight Forwarders FSL insurance cover responds when the Freight Forwarder has a legal liability for the loss or damage arising under the contract with the customer or is held liable for the full value of the loss as an Errors & Omissions. Your FSL insurance cover will respond by defending the claim made against you and provide cover in the event you are found liable for such loss or damage.