International transportation fee insurance

King plus united with leading enterprises in the insurance industry to provide customers with high-quality goods transportation insurance services. The transportation of international goods includes sea, land, air and postal delivery. The types of transport insurance are divided into four types by the types of the insured vehicles: Marine transport cargo insurance, land transport cargo insurance, air transport cargo insurance and postal parcel insurance.

Insurance types and scope of liability of freight insurance

International logistics and freight insurance 1: basic insurance

Basic insurance includes three kinds of insurance, the scope of responsibility from small to large in order: safety insurance, water stain insurance, all risks.

1. Safety Insurance (Free from Particular Average, abbreviated as F.P. A) Coverage, including all losses and costs caused from maritime risks other than separate Marine caused by natural disasters.

2. Water stain risk (With Average, abbreviated as W.A.) Coverage, including all losses and costs caused by maritime risk. That is, on the basis of safety insurance, plus the individual sea damage caused by natural disasters.

3. All risks (All Risk) coverage, including all liabilities for water stains, and losses caused by general external risks.

International logistics freight insurance two: additional insurance (also can be divided into general additional insurance and special additional insurance)

1. general additional risk (General Addition Risk), also known as ordinary additional risk, underwriting general external causes caused by goods loss, general additional risks mainly include theft, delivery not the risk, freshwater rain, short risk, mixed, pollution risk, leakage, risk, damage, broken, taste, damp by heat, hook damage, packaging rupture, rust, etc.

2.special additional risks (Special Addition Risk) is generally independent calculation, not included in the scope of all risks, including eight risks, they are: delivery risks, import tariffs, face risks, rejected, aflatoxin, export goods to Hong Kong (including Kowloon) or macau deposit fire liability extension clause and shipping goods war, strike risk.

International logistics and freight insurance three: exemption from liability

In the above insurance, there is also a corresponding exemption from liability, mainly including:

1. Loss caused by the intentional act or negligence of the insured.

2. The loss caused by the consignor's responsibility.

3. Losses caused by the existing poor quality or short quantity difference of the 

4. Natural wear and tear, essential defects, characteristics of the insured goods, and losses and expenses caused by market price drops and transportation delays of the insured goods.

5. It belongs to the scope of liability and exclusion stipulated in the war insurance clause of Marine transport goods and the strike insurance clause of goods transport.