Contact us

(+91) 99005 07282

Send us an email!

Contact details:

Message:

Your message has been sent successfully. Close this notice.

Travel insurance Quote

Level of protection:

Contact details:

Travel

Your Quote Form has been sent successfully. Close this notice.

Car insurance Quote

Contact details:

Your car:

Your Quote Form has been sent successfully. Close this notice.

Life insurance Quote

Level of protection:

Contact details:

Have you used tobacco or nicotine products in the last 12 months?

Yes, I have No, I have not
Your Quote Form has been sent successfully. Close this notice.

House insurance Quote

Your house:

Contact details:

Your Quote Form has been sent successfully. Close this notice.
Freight Forwarders Insurance Policy

Get thoroughly analyzed and researched insurance options in less than 30 Seconds:

> Get coverage for physical damage to cargo
> Cover fines and penalties due to breach in regulations.
> Get quotes from leading insurers such as ICICI Lombard, New India and Iffco Tokio.
> Add-on special covers such as Third Party Liability, Errors & Omission.

Types of Risk faced by Freight Forwarders

Cargo Damage

Legal liability arising from cargo damage during the transit, any consequential loss faced by clients due to late delivery or physical damage of goods are some of the major risk exposures faced by a freight forwarders.

Types of Risk faced by Freight Forwarders

Negligent Acts

Any loss incurred by clients due to negligent acts performed by freight forwarders, their agents or subcontractors invites error and omission claims. Freight forwarders are held liable to compensate for such losses.

Types of Risk faced by Freight Forwarders

Third Party Lawsuits

Legal liability claims may arise due to physical damage to third party’s property, bodily injury or legally recoverable consequential loss arising out of the operations of the freight forwarders.

Types of Risk faced by Freight Forwarders

Fines and Duty

A freight forwarder may be liable for breach of regulations or statutory non-compliance. Legal liabilities to the authorities like customs or port authorities are a threat for freight forwarders.

  • Cargo Damage
  • Negligent Acts
  • Third Party Lawsuits
  • Fines and Duty

Cover Relevant for Freight Forwarders

Liability Cover

> Freight Forwarders Liability Insurance covers legal liabilities arising due to cargo damage or consequential losses due to late delivery. Coverage of all modes of transport under one sum insured is provided. Freight liability policy triggers claims in which the carrier or freight forwarder is at fault.
> Coverage of legal liabilities to the authorities like Customs, Port Authorities for any breach of regulations is provided for.
> Claims arising from errors and omissions and third party liability claims can also be covered

Cargo Cover

> Cargo Insurance provides all-risk protection against cargo damage. It covers all types of cargo against various risk exposures such as fire, lightning, collision of vessels with external objects.
> Cargo Cover provides peace of mind and sense of security to your client and it builds your credibility in the market as well.
> Add value to your freight forwarders business by arranging cargo insurance for your clients.

Add-on Cover

> Warehouseman’s Legal Liability extension provides specialized coverage for cargo liability of an operator of a public commercial storage or distribution warehouse.
> Factory and Warehouse Insurance protects your business premises from fire, explosion and other natural perils.
> Protect your employees from any casualty under the Workmen Compensation Act, 1923 and Fatal Accident Act, 1855.

Why Insuwise?

Modest Insurance

Specialists in different areas of insurance assure you of competent and reliable advice with cost-cutting.

Thorough Product Comprehension

Ongoing training to our teams to deepen and widen their technical skills.

24/7 Available

Any time of the day, any time of the year, Ideal People will assist and guide you out of your insurance troubles.

Quick Claims

We are known for Quick Claim Settlement. If you are going to have a policy via us, your claim settlement is our responsibility. We have a dedicated team which deals in claim settlement.

Policy Administration System (PAS)

Access your insurance policies through single login; service requests, MIS, and renewal alerts.

One Stop Solution

Ideal Insurance is a platform which deals in multifarious insurance related issues of diverse categories as, Life Insurance, General Insurance, Individual Insurance, Corporate Insurance, Public Insurers & Private Insurers.

Company informations

INSUWISE
No 72/1, 2nd Floor,
8th Main Road, Vasanth Nagar,
Bangalore 560052.

Mail Us

Sandeep R Gatti
sandeep@insuwise.com
(+91) 99005 07282

Kiran Kumar
kiran@insuwise.com
(+91) 98455 53121

(+91) 99005 07282
(+91) 98455 53121
(+91) 96861 61319

Available 9:00am - 7:00pm

scroll top