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Goods insurance during transportation
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This product covers the risks goods during transportation and while they are stored before and after the delivery is done. The insurance may also cover unexpected expenses (transportation, customs taxes, etc).
This product is destined to satify insurance needs both for Romanian and foreign citizens. The Insured has to have a patrimonial interest reagarding the transported goods.
Pending on the type of goods and the delivery terms INCOTERMS, the insurance may be concluded for:
- "A"condition: All Risks: According to which are covered all damages and losses of goods during transportation;
- "B" condition: According to which there are covered losses and damages to goods during transportation caused by fire, explostion, traffic accident, earthquick, lightning, water damages, total damage caused by loss of fall during loading and unloading the goods;
- "C" condition: According to which are covered damages to goods during transportation caused by fire, explostion, traffic accident. In addition, war, mutany, theft or storage risks may be covered.
This type of insurance may be concluded for a single transport, or as a subscription for usually 12 months.
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