Financial
Claims Procedure
Formal process to request cargo insurance indemnification for loss or damage to goods. Includes immediate notification, damage documentation, expert inspection, and submission of supporting documents.
Formal process to request cargo insurance indemnification for loss or damage to goods. Includes immediate notification, damage documentation, expert inspection, and submission of supporting documents.
Formal process to request cargo insurance indemnification for loss or damage to goods. Includes immediate notification, damage documentation, expert inspection, and submission of supporting documents.
Marine Cargo Insurance
Policy protecting the insured against losses or damage to goods during maritime transport. Can cover from basic risks to all risks depending on the contracted ICC clause.
FinancialSurvey Report
Document issued by a surveyor detailing the nature, cause, and extent of damage to goods. It is fundamental evidence to support insurance claims and establish responsibilities.
FinancialLoss Adjuster
Specialized professional who investigates and evaluates cargo insurance claims to determine the cause, extent of damage, and indemnification amount. Acts as a technical intermediary between insurer and insured.
FinancialCertificate of Insurance
Document evidencing the existence of a cargo insurance policy for a specific shipment. Required in CIF/CIP operations and frequently requested by banks in documentary letters of credit.