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  CARGO Insurance


This insurance provides cover risks of damage or loss of cargo during shipping and while uploading (unloading). Indemnity specified in the insurance contract may be paid both for damage caused by any reason (all risks) and losses caused only by the particular average.

The sum insured is established by the Insured and it should not exceed cargo cost specified in suppliers invoice. The sum insured may also include shipping costs and the planned profit amount.

Tariff rates shall be set by parties agreement depending on the type of shipped cargo, shipping means and other details that allow determining risk degree when concluding insurance contracts. They can vary from 0.25% to 3.5%.

A number of benefits may be stipulated by the parties at contract conclusion in case of claims absence by contact expiry. Premium discounts are provided at every subsequent contract renewal.

MD 2005, Chisinau city, Republic of Moldova, Mitropolit Banulescu-Bodoni str Nr.57/1
Phone. (+37322 ) 22-62-12; Fax (+37322)22-11-79

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