Shipper's Interest Cargo Insurance (1st Party Coverage)
Per Tariff, maximum liability to the carrier is $500/Package. A Package is defined as per Pallet No. At the option of shipper, Coastal offers additional coverage as outlined in the below parameters.
Shipper declared value up to $3,000,000
Warehouse to Warehouse, All Risks covered per London Institute Clauses.
0.50% of Declared Value
2.5% of shipment ($500.00 minimum) for shipments of $50,000.00 or less. $5,000.00 deductible for shipments valued $50,000.00 or greater.
Please contact firstname.lastname@example.org for detailed coverage information.