MSC CARGO INSURANCE

In partnership with First Class Insurers, MSC is able to offer you in no time an insurance premium quotation for your cargo. The rates are tailor made to your needs and to the specificities of your cargo and they are amongst the most competitive in the market. The valuation is very simple, easily calculated and there are no hidden costs. A zero deductible policy is applied by principle with some exceptions. The premium will be manifested on your usual shipping invoice. No other documents are involved. 

Easy quote & Competitive rates 
Range from 0,15% to 0,2% of the CIF value (+10%-20%) with a minimum premium applicable. 

MSC Cargo Insurance has a much wider coverage than the standard terms of maritime transportation.
 
COVERED 
Loss or damage to cargo due to: 

• Fire
• Cargo damage due to delay
• Stranding, grounding, sinking, collision
• Salvage & general average contributions
• Heavy weather events
• Natural events - Act of God
• Wetting damage (hole in the roof allowing water infiltration)
• Physical damage to the cargo, stevedore mishandling
• Thefts & pilferage
• Reefer temperature variation
• Destruction costs
• Sue and Labour

 
NOT COVERED 
Loss or damage to cargo due to:

• Geopolitical events
• Packing issues
• Loss or Damage attributable to the willful misconduct of the assured
• Ordinary leakage, loss in weight, wear and tear of the cargo
• Inherent vice

At MSC, we are aware of the emotional and financial stress that a cargo claim can cause to your business. Therefore, we aim to give you the best possible service and minimize the impact of the claim through our insurance solution.  

With MSC Cargo Insurance, your cargo claim will be directly handled by the Insurance Company: 

•Less documents needed to proceed with the cargo claim.
All the documents to be provided will be mentioned on your certificate of insurance.  

•Surveyors appointed on the Insurance Company’s account 

•Simplified claims procedure with an efficient and easy processing 

•Permanent assistance through a dedicated network of surveyors available 24/7 worldwide 

•Local contact and proximity 

In average, your cargo claim from submission to resolution will be dealt within 30 days.