Cover actual and liability costs due to damage of goods.
Perils ranging from fire to accidental breakage and flooding are also covered.
Covers all kinds of goods & merchandise.
A carrier legal liability insurance policy in India pays for all the expenses for which the insured shall be legally responsible for compensation for loss or damage to goods in transit or during loading or unloading. Carrier legal liability insurance policy covers for certain conditions such as:
The carrier legal liability insurance policy begins with loading of the cargo on the vehicle to:
Carrier legal liability insurance is a highly personalized product and can be bought based on your requirements.
Below is a list of coverages under a carrier legal insurance policy
Note: This is an indicative list. Details of the scope and coverages of the carrier legal liability insurance will be mentioned in your policy copy.
Below are the points to be noted regarding while buying an online carrier liability insurance or a carrier legal liability insurance in general:
Typical exclusions are:
Only select general insurers offer a carrier legal liability insurance product. Insurers that offer this product include: IFFCO Tokio, Raheja QBE, New India Assurance, Oriental Insurance, etc.
Below are the documents required to claim for a legal liability insurance:
Note: Liability should not be admitted without informing the insurer.
Below is the procedure to claim under a carrier legal liability insurance policy:
A carrier legal liability insurance policy compensates the insured for the physical loss, destruction or damage to goods or merchandise which is in the insured's custody. The damage can occur during loading or unloading or while the goods are housed on or off vehicles during its transit.
Goods, in this case, can be either merchandise, baggage, and chattels of any description other than...
We have specialized underwriters and tie-ups with international experts.
We work with all insurers to get you the best options- both in terms of price and features.
Cover notes are issued within hours of request. This documentation is sufficient for any contractual requirement.
We manage all aspects of your claim - from preparing documentation to follow-up with the insurer.
We will advice you on risk management best practices.
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