Freight insurance is a kind of transportation insurance, which can be divided into many types according to the different modes of transportation. These include:
* Insurance for domestic water and land transportation of goods
* Marine cargo insurance
* Parcel insurance
* Air transportation insurance
Freight Insurance
Freight insurance is a kind of transportation insurance, which can be divided into many types according to the different modes of transportation. These include:
* Insurance for domestic water and land transportation of goods
* Marine cargo insurance
* Parcel insurance
* Air transportation insurance
Freight insurance usually uses voyage insurance, that is, the insurance period is divided by the beginning and end of the voyage. In addition, still have fixed value insurance, namely the value of insurance mark agrees by both parties carry bright in insurance policy, regard insurance company as the basis that calculates indemnity afterwards. If the subject matter is totally lost due to the occurrence of an insured event, the insurer will compensate for the agreed value, regardless of whether the value of the subject matter of insurance rises or falls at the time of damage, which will not affect the amount of compensation. For partial loss, compensation shall be made according to the actual degree of loss.
China Pacific Insurance (Group) Co., Ltd. is the second largest property insurance company in mainland China. Founded on May 13, 1991, it is a national joint-stock commercial insurance company approved by the People's Bank of China. In 2001, the former China Pacific Insurance Company changed its name to "China Pacific Insurance (Group) Co., Ltd." According to the approval of the State Council of China and the China Insurance Regulatory Commission on the reform of the separate operation system.
Pacific Insurance Company has a good performance in transportation insurance business. As a national joint-stock commercial insurance company, Pacific Insurance Company operates diversified insurance services, including life insurance, property insurance and so on. In terms of transportation insurance business, Pacific Insurance Company provides insurance services covering sea, land, air and other modes of transportation.
Pacific Insurance Company has a good performance in transportation insurance business.As a national joint-stock commercial insurance company, Pacific Insurance Company operates diversified insurance services, including life insurance, property insurance and so on.In terms of transportation insurance business, Pacific Insurance Company provides insurance services covering sea, land, air and other modes of transportation.
Pacific Insurance Company has a wide range of transportation insurance business, including but not limited to the following:
1. Waterway transportation insurance: to protect the loss of goods, ships and other property in the process of waterway transportation.
2. Land transportation insurance: to protect the loss of goods, vehicles and other property during land transportation.
3. Air transport insurance: to protect the loss of cargo, flights and other property in the course of air transport.
4. Transportation credit insurance: to protect the credit risk of transportation related parties, such as cargo owners, logistics companies and carriers.
5. Logistics liability insurance: to protect the loss or damage of goods caused by negligence or negligence of the logistics company in the course of transportation.
The advantages of Pacific Insurance Company in the transportation insurance business include:
1. Rich insurance experience: Pacific Insurance Company has many years of experience in insurance operation, and has accumulated profound technology and experience in the field of transportation insurance.
2. Professional insurance team: Pacific Insurance Company has a professional insurance team, which can provide customers with personalized insurance solutions and professional risk management services.
3. Extensive network coverage: Pacific Insurance Company has branches nationwide, which can provide convenient insurance services for customers.
4. Continuous innovation and development: Pacific Insurance Company continuously promotes the innovation and development of insurance products to meet the changing needs of customers.
Generally speaking, Pacific Insurance Company has performed well in transportation insurance business, with rich insurance experience, professional insurance team, extensive network coverage and continuous innovation and development.
Our insurance agency plan is as follows:
Ø Underwriter: China Pacific Property Insurance Co., Ltd. (CPIC)
Ø Product advantages:
1. The insurance policy can be issued in 15 minutes at the fastest, and the whole process can be insured and settled by a special person, with a variety of freight insurance solutions.
2. The most comprehensive insurance clauses include main insurance clauses and additional insurance clauses, and enjoy double comprehensive protection at the same time.
(Main Insurance Clause: All Risks, Additional Insurance Clause: War Risk Clause, Strike Risk Clause, Warehouse to Warehouse Clause)
Ø Mode of transportation: Insurance is applicable to sea, air, land, rail, parcel post, inland waterway and multimodal transport.
Ø Responsibility: port to port, warehouse to warehouse, station to station, door to door.
Insurance rate | ||
Type | Rate | Deductible clause |
General cargo | 0.0010 | Each deductible is RMB 1500 or 8% of the loss amount, whichever is higher. |
Chemical cargo (non-dangerous goods) | 0.0010 | Each deductible is RMB 2000 or 8% of the loss amount, whichever is higher. |
fragile cargo | 0.0015 | Each deductible is RMB 3000 or 8% of the loss amount, whichever is higher. |
1. Underwrite and issue the insurance policy on the working day, and postpone the insurance policy on Saturday and Sunday to Monday; 2. The insured goods shall conform to the packaging for safe transportation, and the liability clauses for mildew removal of plant and fresh goods; 3. The insured amount of each policy is not more than US $1 million (more than that needs to be confirmed separately), and the minimum charge for each policy is RMB 125; 4. Premium calculation formula: (1) non-mark-up premium = invoice amount × rate; (2) mark-up premium = invoice amount × mark-up rate (110% - 130%) × rate; 5. Notify the carrier or the responsible party in writing immediately when discovery or suspicion of loss of or damage to the goods; (1) in the case of sea or land transport, within seven consecutive days (15 consecutive days in the case of containerized cargo) after taking delivery of the goods; (2) in case of air transport, within seven days after taking delivery of the goods. |
Ø The carrying vessel shall meet the following conditions: domestic waterway: the carrying vessel shall use its own power for transportation, and the gross tonnage of the vessel shall not be less than 500 gross tonnage, and the age of the vessel shall not exceed 20 years;For import and export marine transportation, the ship must have the classification of one of the following classification societies: Lloyd's Register (LR), American Classification (ABS), French Classification (BV), German Classification (GL), Korean Classification (KR), Japanese Classification (NK), Norwegian Classification (DNV), Italian Classification (RINA), Russian Classification (RS) and Chinese Classification (CCS).And the age of the carrying vessel is not more than 20 years (not more than 25 years for container liners);
Ø Restricted Insured Countries: Except for shipments from/to overseas destinations (with Chinese interests not subject to this restriction) The above routes do not cover Afghanistan, the Balkans, Bosnia and Herzegovina, Myanmar, Cuba, the Democratic Republic of Congo, Iran, Iraq, Ivory Coast, Liberia, North Korea, Rwanda, Sierra Leone, Somalia, Sudan, Yemen, Ivory Coast,Dominican Republic, Lebanon, Libya, Syria, Zimbabwe, Nepal, Bhutan, Madagascar.(Please confirm the above countries separately);
The above information is for reference only, and the specific content may vary according to the actual situation.When purchasing or learning about freight insurance, it is recommended to consult our professional insurance consultants or related agencies for more accurate information.