Cargo insurance

Receive maximum protection

Cargo insurance offers the cargo owner maximum protection at all stages of transportation. Unlike the CMR convention, which sets the carrier’s responsibility and limits, cargo insurance covers the goods according to ICC conditions. There is no standard compensation limit of 8.33 SDR or €10/kg, and many other types of damage are also covered.

Cargo insurance can be arranged in two ways: a one-time policy for a specific shipment or an open policy, which provides a long-term solution for multiple shipments.

A much better experience

Flexible

Decide for yourself what you need or get the maximum range of protection.

Clearer than clear

Expertise and clear conditions ensure reassurance.

Fast

We act fast and keep you up to date with everything.

Useful information

For the successful operation of insurance, it is important to understand its scope and limitations.

Steps to take when transferring cargo

– Make sure that all documents accompanying the goods, such as delivery notes and invoices, are present and correct.

– Check the external condition of the cargo and packaging and ensure that it is ready for safe transport.

– Make sure the goods are properly secured and securely placed.

– Check if there are special requirements for the cargo or transport, such as temperature control.

– Check the condition of the cargo compartment seals. In the case of transports with temperature control, make sure that the cargo space is clean, dry, free of extraneous odours, and at the required temperature.

– If the carrier discovers defects while checking the goods, they must be noted in writing on the CMR consignment note or in the goods documents. If possible, photograph the defects.

– Please follow the shipper’s shipping instructions.

– Do not leave the cargo unattended! Know that sleeping in the cabin does not count as guarding the cargo. Park the vehicle in a guarded car park for the resting period.

Freight Agent’s Third Party Liability insurance – for whom and what does it cover?

Freight Agent’s Third Party Liability insurance is for forwarding companies and covers damage caused by negligence in the fulfilment of a forwarding contract.

What else should you know about cargo insurance and carrier liability insurance?

Cargo insurance vs. carrier’s liability insurance: Cargo insurance protects the owner of the cargo at all stages of cargo transportation, not just within the carrier’s liability. Carrier liability insurance (CMR insurance) covers the carrier’s liability in cases where the carrier’s action or inaction has caused damage to the customer. Cargo insurance, on the other hand, insures the goods themselves according to ICC conditions and without the usual limit (8.33 SDR or 10 euros per kilogram).

Carrier’s liability: Carrier’s liability insurance applies only to transports carried out with the trucks specified in the insurance contract. The insurance does not cover damage caused to a tractor, trailer, container owner or the carrier’s employees, as well as damage caused by force majeure, unless a special agreement has been concluded.

Adherence to the insurance payment deadline: If the insurance payment has not been paid by the agreed time, it is considered that the policyholder has withdrawn from the contract and the insurer is not obliged to compensate for the incurred losses.

Early termination of the contract: If you wish to terminate the insurance contract prematurely, please notify us at least one month in advance via the contact form.

View Elama products

With Elama insurance, it is easy to make the right choices.