Liability Insurance

Havrico Insurance places contractual and extra-contractual liability cover for:

  • Freight Forwarders
  • Customs Brokers
  • NVOCCs
  • Logistic Operators
  • Road Haulage companies

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This insurance provides coverage for: 

  • Contractual and Professional Liability according to law, convention and/or contractual terms
  • Extra-Contractual Liabilities towards third parties
  • Errors and omissions
  • General average and salvage guarantees and contributions
  • Consequential losses
  • Legal Costs and Defence Expenses

Why an insurance?                  

Service Providers are exposed to a number of liabilities during their logistic or transportation activities, which can have far-reaching financial consequences.  Hereafter a few examples:

  • Liability for loss or damage to goods under their custody, including liability for consequential loss originating therefrom
  • Costs related to misdirected freight
  • Costs incurred in connection with salvaging, clearing, destroying third party property
  • Liability for detention or demurrage charges originating from errors or omissions in instructions
  • Liability for pollution resulting from a sudden uncertain occurrence
  • Liability for loss, damage or costs from errors or omissions of subcontractors acting for the service provider

Our solution                          

Considering the activities of the Service Provider we will work out a comprehensive tailor-made insurance policy, covering:

  • The Contractual and Professional liability originating from his activities, which will include when necessary:  liability for damage or loss to entrusted goods , CMR liability, customs duties and fines, errors and omissions, subcontractors liability.
  • The Extra-Contractual liability for damage, loss and costs caused to third parties
  • Consequential losses
  • Legal Costs and Defence Expenses

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what your liabilities

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