C A R G O   I N S U R A N C E

Your Seven Seas Coverage

Protection

Coverage commences from the time goods leave the shipper and/or supplier’s place of business and continues in force during the ordinary and customary course of transit to the final destination.

 

Cargo is protected against “All Risk” of physical loss or damage from any external cause irrespective of percentage of loss.

 

Insurance remains in force for fifteen (15) days after vessel discharge or delivery, whichever occurs first. Concealed damage must be reported within three (3) days of delivery, excluding weekends and holidays.

 

There is no deductible.

  

 

Coverage is not available for certain commodities. For a listing of these items, please contact Seven Seas.

Seven Seas provides protection for losses caused by or resulting from:

Physical Loss and/or Damage

Non-delivery

Condemnation

Shortage

Breakage

Condensation

Container Sweat

Leakage

Improper Stowage

(By shipper and/or ocean carrier)

Transportation Accidents

Sinking

Stranding

Burning

Collision

Jettison

Explosion

General Average

Weather Perils

Fresh Water

Heavy Weather

Acts of God

(including hurricanes)

Criminal Acts

Pilferage

Theft

Strikes, Riots & Civil Commotion

War Risk

Capture & Seizure Risk

 

This is a partial listing

Acts of God, including hurricanes, are covered by Seven Seas