Freight Liability Insurance
Providing legal liability protection for the loss and damage of goods
Freight Liability Insurance
Whether your business specialises in freight by sea, air, road or rail, or handles very specific goods, we can advise on all elements of contracts and conditions. Our team operates its own unique, freight liability insurance policy to provide additional cover over and above those offered under standard insurance wordings.
What is Freight and Warehousekeepers' Liability Insurance?
Freight liability insurance provides legal liability protection for the loss and damage of goods in accordance with standard trading conditions, international conventions, statues and liability at common law. Cover can be provided for supply chain management and pick and pack operations. It can also be extended to include cover for contracts which require increased or enhanced levels of liability.
We operate our own unique freight liability insurance policy that can include high risk goods, non-standard and special cargoes. It includes cover for errors and omissions, negligent acts and clerical errors such as the misdirection or misdelivery of goods.
As an associate member of the British International Freight Association and part of their Legal and Insurance Policy Group, we work closely with clients to provide best advice in accordance with their Terms of Business or specified customer contract requirements.
Providing legal liability protection for the loss or damage of goods
Businesses responsible for the movement and handling of third party goods such as freight forwarders, road hauliers and warehousekeepers’ can be exposed to many risks when transporting or storing cargo. Freight insurance can help protect your business against these risks.
Benefits of freight liability insurance can include
Legal liability protection for the loss and damage of goods in accordance with standard trading conditions
Includes liability under international conventions and statutes such as CMR and also under common law
Cover provided for consequential loss
Extension available for any owned, hired or leased equipment such as trailers and containers
Advice provided on insuring contracts and tenders which require increased or enhanced levels of liability
Cover can be extended to include additional operations such as: Own Vehicle Carriage, Supply Chain Management, Port and Terminal Operators, Stevedores, Ships Agents, NVOCC
Specialist policies or extensions available for: Charterers’ Liability (excluded under Freight Liability) T-Form Liability
Why choose Freight Liability Insurance with Macbeth?
With our unique freight liability policy, cover can be arranged for any type of commodity in accordance with standard trading conditions, international conventions, statutes and liability at common law including high risk goods, non-standard and special cargoes.
We also work closely with the British International Freight Association and Irish International Freight Association.