APL extends cargo assurance for protection against cargo-in-transit risks
As a one-stop shipping solutions provider, APL is extending Cargo Assurance to shippers who want protection against risks of loss or damage to their cargo-in-transit, the company said in its press release. Teaming up with one of the largest marine insurance companies in the world, APL is offering cargo assurance options that range from “Total Cover” for maximum protection to “Main Cover” that protects against major events to “Customised Cover” for tailor-made cargo assurance solutions.
Unlike other protection plans that take into account clients’ claims history which can translate into higher insurance costs, APL Cargo Assurance offers competitive rates that have been secured with its partnered insurance company. An efficient and simple process is in place to facilitate claims and settlement within 30 days for straightforward claims.
Unique to APL Cargo Assurance, is also its “SMARTcool Assured” – an enhanced protection option that shippers can purchase for APL cargo that applies its SMARTcool cold treatment solution. With “SMARTcool Assured”, expenses for a second cold treatment process and/or costs involved in re-routing a SMARTcool shipment to its importing market are covered in the event the shipment does not clear phytosanitary inspection for the importing country.
With “Container Damage Waiver", APL clients are able to minimise their liability for accidental damages to containers while under their care and control.
