Currently, cargo insurance is one of the most common types of insurance. The cargo insurance contract can be concluded either by the consignor or the consignee depending on conditions of supply as well as legal and economic relations between them. Cargo insurance is often provided by the company engaged in transportation of the cargo. KIY AVIA CARGO LTD., being a leader in the field of international transportation, provides a full range of services, including insurance of the transported goods. Cargo insurance is the only way to compensate for any losses that may arise in the event of danger.
KIY AVIA CARGO LTD. offers you insurance of goods transported by any mode of transport. Transit insurance is provided both for operations within the territory of Ukraine and abroad.
Terms of insurance:
Besides, cargo insurance may be provided on other terms, including cargo insurance against additional risks. Due to considerable experience in international transportation KIY AVIA CARGO LTD. can offer you a variety of cargo insurance terms based on previous experience and international insurance practice.
Period of insurance: from cargo shipment at the point of departure to the moment of cargo delivery to the destination point. The insurance contract may be concluded either for a single shipment or for a certain period of time during which all cargoes transported will be insured.
The insurance rate depends on the transportation conditions, insurer’s extent of liability, mode of transport, cargo nomenclature, route length, objective risk, overload (if any), transshipments and intermediate storage.
Regarding cargo insurance the insurance rate makes 0.15-2.0% of the sum insured and is determined individually based on the information provided in the application for insurance.
Cargo insurance rates are completely transparent and imposed in compliance with all laws and regulations.
For more information about our cargo insurance rates visit Quotation Request section or contact us at the office.