Protect your company from financial loss resulting from loss of or damage to your shipments by taking cover, with our Cargo Insurance.
Carriers and other supply chain participants will typically have their liability limited by law, which means that any compensation you receive is likely to be considerably lower than your actual loss.
In contrast, a correctly insured customer will be compensated for the full replacement value of their goods.
Ensuring that goods in transit are covered to their full value is why responsibility for arranging appropriate insurance is a component part of the INCOTERMS that define the international sale of goods.
The risks that cargo may be exposed to are associated with the method of carriage and the transit route.
Perils beyond the reasonable control of the contracted parties may also be included, for instance:
- Armed robbery
- Storm, flood and other weather hazards
- Washing overboard in heavy sea
- General Average Claims
NGL work with selected partners to offer industry-specific insurance products to support your business during every stage of transportation and storage.
Our provision includes:
- Port-to-port or door-to-door cover
- Global coverage
- Tailored quotation
- Immediate cover
- Full cover with no deductibles according to international standards
- Fast and professional claim handling
- In accordance with Institute Cargo Clauses “A” (ICCA)
Insurance cover is always based on the Insurers policy conditions.
We can only insure when we have received formal written notice and acceptance of prior quoted premiums and cover terms.
Insurers require that goods are appropriately packed for the mode of transport being used.