reports on insurance sector

reports on insurance sector
I have stated in previous articles, if something goes wrong with the shipment, the freight company with limited liability to pay.

The best way to ensure that you can use the actual value of goods damaged or lost is to arrange specialist 'goods in transit "insurance. As for the house and buildings insurance, you pay a premium and a claim when you need it.

It is easy enough to find insurance for your house and contents - we are constantly bombarded with advertisements advising us to use comparison websites to the best offer for all our personal insurance requirements, but it is not so easy with 'goods in transit "Insurance to determine the best type of cover for your specific requirements, you must use a specialist broker.

But this may not be useful if you have only a small number of international shipments per year, or if you simply do not have time for research. That is, if your freight forwarder can help you.

Many renowned companies are capable of "goods in transit 'insurance on a" per "basis. This usually means that you pay a small premium, based on the value of the goods. The shipping company can quote you for this if they give you a price for the cargo. They come with a certificate of insurance, which will enable you to make a claim if necessary.

You need to make your statement in writing to insure, but this is simply by e-mail.

To summarize, it is always advisable to ask shipping companies to quote for transit insurance if you do not have your own annual policy. In this way you can claim the full value of the goods and not as a solution to the limited liability compensation.

Stephen Willis
Managing Director
http://www.rwfreight.co.uk
RW Freight Services Ltd is a UK based family business and run freight forwarder established in 1971 and operating worldwide forwarding services. ISO accredited Quality Management System. Registration BIfA No. 1