It provides for the loss and damage to goods in the care, custody and control of the haulier in accordance with standard trading conditions or under International Conventions such as CMR (Convention on the Contract for the International Carriage of Goods by Road) and also under Common Law.
Many insurance policy wordings do not provide adequate cover and exclude some goods or offer inadequate inner limits. This issue is often exacerbated by the inclusion of conditions regarding unattended vehicles, security requirements or sub-contractor restrictions, which may leave the carrier in breach of policy conditions and potentially without protection.
Our team of insurance and claims specialists can give advice on all trading conditions from leading bodies and organisations.
Vijay Nathwani, Ace International