Freight forwarders are potentially exposed to a wide variety of liabilities in respect to the services they provide. These include liabilities against third parties, loss of or damage to cargo, errors and omissions, removal of abandoned cargo, breach of regulations and loss of or damage to owned or leased equipment.
Associated marine insurers through Midas Insurance Brokers provide cover against these liabilities including associated legal costs with six cover options available to provide the level of cover you require.
Take a look at this video which explains how Transport and Logistics Insurance can protect your business.
Find a freight forwarding insurance cover option that is right for you.
This freight forwarding insurance does not cover liability, loss, damage or expense in respect of the following;
This is based on gross receipts or gross income for the insured period including the limit of liability, contractual arrangements and services provided, and cover options chosen. A minimum and deposit premium is calculated on your estimated gross receipts / gross income and is adjustable on expiry of the policy period on receipt of your certified actual gross receipts / gross income if these are higher than estimated.
Subject to the policy deductible our experienced claims staff will promptly indemnify you up to the agreed limit for legal liability and costs insured by the policy.
The above information is an outline of the cover provided. Full details of the cover with all limitations, exclusions and conditions are contained in the policy.
We collect personal information from you for the purpose of providing you with insurance products and services, processing and assessing claims. You can choose not to provide this information. However, we may not be able to process your requests.
We may disclose information we hold about you to other insurers, an insurance reference service or as required by law. In the event of a claim, we may disclose information to and/or collect additional information about you from investigators or legal advisers.
Contact Midas Insurance today on 1300 664 272 to have a member of our expert team assist you in choosing the right freight forwarding liability insurance policy that meets your needs.