Insurance Cover for all Cargo Movements, whether by Sea, Air or Land
As goods cross borders by land, air or sea keeping control becomes increasingly difficult. New technological advances have created high expectations by customers in terms of manufacture and delivery.
Not only this, globalisation has made trade with less developed countries a reality, thereby meaning that weaker logistics infrastructure and theft may pose threats to delivery. These unpredictable local conditions can make moving and protecting cargo a complex process.Â
Protect your supply chain from disruption and any negative impact on customer loyalty, company reputation, and cash flow with cargo insurance.
Cargo insurance is required by any business that manufactures or buys or sells finished products, components or raw materials. If your business imports or exports goods or transports goods in the UK or overseas, then you could benefit from the peace of mind that cargo insurance can provide.
Cargo insurance covers all risks of physical loss or damage during transit, including incidental storage, for imports, exports, and domestic carriage.
We offer insurance for individual shipments or open marine cover for regular shipments, providing a cost-effective solution through our underwriters.
Carriers and freight companies often have liability limits that don’t cover the full replacement value of cargo. To ensure complete protection, insure your cargo for its full replacement value. It is therefore important to insure your cargo for the full replacement value which should include:
- Cost of cargo
- Costs of shipping to door
- Customs Duty
- VAT Charges.
The cost of your cargo insurance premium will depend on:
- The value of the goods being transported
- The method of transportation
- The destination of the goods
Here at IFE Global, we combine technical efficiency with a pragmatic business approach, while employing our broad international network to ensure the best possible protection for your assets and business’ reputation.
We like to work as closely as possible with our clients – more as partners than suppliers, thereby enabling us customise policies to suit your individual needs and help you to manage your risks. This is backed up by market-leading capacity, flexible underwriting, and fast claims handling.
Our experienced team at IFE Global has expertise in a broad spectrum of industries, offering creative ideas and enthusiastic support to help you achieve your goals, and are well placed to help you through the often challenging aftermath of a loss. We understand the impact that slow payment of claims can have on your operations, so we work hard to settle claims promptly and effectively.
A trusted name in Global Logistics.
Basildon Office: (Head Office): 13 Bentalls Business Park, Bentalls, Basildon, Essex SS14 3BN
T: +44 (0)1268 286999
E: team@ifeglobal.uk
London Office: Unit 5, Maple Grove Business Centre, Lawrence Road, Hounslow, TW4 6DR
T: +44 (0)1753 684 320 E: London@ifeglobal.uk