Protect your cargo today.
Oftentimes, there is a misconception that your cargo is fully insured in the event of loss or damage. However, carriers and freight forwarders have limited liability based on international conventions, meaning claim payouts tend to be far less than the amount of the claim. Instead, the payouts are typically determined on the weight or package count of the cargo.
To add a layer of complexity, proving which party is liable can be challenging due to the number of stakeholders and hand-offs across the supply chain.
PSA BDP offers all-risk cargo insurance at competitive rates to all customers as a part of our global marine policy. Claims are paid based on the full commercial value of the loss or damage, and no deductible applies.
We offer you the flexibility to insure all shipments or insure on a one-off basis, whether you are self-insured or have high deductible policies.
All modes of transport (sea, air, road, rail, barge) and multimodal transportation
Warehouse storage
Door-to-door coverage
Theft
Temperature controlled and perishable cargo
Dangerous goods
High value/High risk cargo
‘Force Majeure’ events (i.e. earthquake, flood, hurricane, etc.)
General Average expenses
Peace of mind knowing that your cargo is well insured
Protects your bottom line against financial losses
Streamlined and fast claims process with a dedicated PSA BDP professional handling throughout
Flexibility to insure per shipment or for all shipments, as well as the ability to choose the coverage that best fits your needs