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Insurance

TeU – PRO Insurance

Typical client reaction after cargo loss or damage: We never thought we were not properly insured.

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Steamship lines, airlines, forwarders, NVOCCs and other transportation intermediaries are not liable for much if your cargo is lost or damaged in transit. Each one has a limited liability clause in their terms and conditions.

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Based on recent data, over 50% of air cargo shipments are insured for less than their actual value. To add insult to injury, if the damage occurs during the domestic portion of the supply chain, the payout can be as little as $.50 per pound and a maximum of $50.

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It is strongly advised that you make sure your goods are insured throughout the supply chain. Reviewing your buying/selling terms is essential in knowing where the supplier’s responsibility ends and buyer’s start.

If not sure of your responsibilities, pickup the phone and discuss it with your overseas counterpart or call TEU team.

buy Lyrica online in uk TEU arranges cargo insurances for our clients through leading underwriters. The insurances requirements are thoroughly reviewed to avoid any gaps.

Our goal is to be the trusted service provider who delivers consistently with the highest integrity.