| Coverage | Bronze cover | Silver Cover | Gold Cover | Platinum Cover |
|---|---|---|---|---|
| Freight liability | S$100,000 | S$250,000 | S$500,000 | S$1,000,000 |
| Professional Indemnity | S$50,000 | S$125,000 | S$250,000 | S$500,000 |
| Extension for Third Party Liability | S$50,000 | S$125,000 | S$250,000 | S$500,000 |
| Deductible | S$2,000 | S$2,000 | S$2,500 | S$2,500 |
| Geographical Limits | Singapore | Worldwide | Worldwide | Worldwide |
| Covered Activity | Local Transportation and Warehousing | Transportation and Warehousing and International Exposure |
Freight Forwarder, NVOCC and NAOCC only | Cargo Advantage and/or Review of Special Contracts |
| Enquire now | ||||
Freight Liability
House Bill of Lading and House Air Waybill Liability — provides coverage for physical loss or damage to cargo arising out of the issuance of your Air Waybill or Ocean Bill of Lading &/or FIATA Bill of Lading.
- Local Transportation and Warehousing Liability – provides coverage for physical loss or damage to the property of others (cargo) arising from your negligence whilst:
In transit in a vehicle owned or leased by you - At your warehouse owned or leased by you, scheduled in the policy
- Handled by parties assigned by you but not in your care custody and control
Coverage is also provided when there is damage to cargo as a result of insufficient or inadequate packing, crating, bracing, wrapping, marking or cushioning; or improper selection, design or construction of crates, boxes or other containers when done by you or your sub-contractors.
Third Party Liability
Provides coverage for damages and costs to third parties as a result of your negligence causing:
- Accidental bodily injury
- Accidental property loss or damage
- Consequential loss arising from accidental bodily injury or
- Property loss/damage
Customs Liability
Provides coverage for fines or penalties assessed against your company by any regulatory agency for alleged or proven violations of import or export regulations only.
Errors and omissions
Provides coverage for financial loss to your customers arising from your negligence as a Transportation Specialist.
Special cargo
Provides coverage for fines or penalties assessed against your company by any regulatory agency for alleged or proven violations of import or export regulations only.