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CMROur standard insurance cover is CMR. This is a requirement under our BIFA membership to protect all parties in the transport chain; from shipper, carrier, agent, to consignee.The liability is limited to 8.33 SDR’s (Special Drawing Rights) per kilo (weight only), and the rate of exchange of the SDR is governed by the IMF.You can check this rate of exchange by visiting www.xe.com.All risksRegulations imposed by the FSA (Financial Services Authority) in February 2005 meant that freight forwarders were no longer able to insure their clients’ cargo under ‘All Risks’ policies. However, during July 2007, the Insurance Mediation Directive Exemption for Freight Forwarders has now come into force. This means that we are now able to offer 'All Risks' Insurance to our commercial clients, but not personal movements. For such movements we suggest that you speak with your household insurers, or an alternative insure such as Towergate Risk Solutions .For commercial movements, please contact a member of staff.For personal movements please click here to download the a Towergate application form. |
ExclusionsThere are several conditions and types of goods which are not covered
by our Freight Forwarder’s Liability Insurance, or to which our liability
is further limited. These can be identified in the copy of our policy
freight liability insurance.
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Website and content copyright © 2005 ITAL Logistics Limited. Leestone Road, Sharston Industrial Estate, Sharston, Manchester. M22 4RB. |
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