Carriers, freight forwarders, courier services and warehousemen are responsible and liable for third party goods under their care, custody and control. Chubb provides freight liability insurance solutions for claims occurring in their area of responsibility.
The freight liability insurance covers the liability of well-organised forwarding agents, carriers, courier services and warehousemen for goods which they have taken over from third parties for carriage/storage against payment. Coverage is based on the common market standard incl. extensions.
For what kind of business would this be suitable?
Small to medium-sized haulage companies with a proven track record trading under recognised conditions to limit their liability.