Services - Details 3
NVOCC CLUB has developed a new insuring method with the cooperation of the insurer with using a NVOCC CLUB B/L form which enables cargo owners, forwarders to insure marine cargo insurance surely and easily .
<for Forwarder's benefit>
・Since marine cargo insurance is insured on B / L itself, it saves you the trouble of arranging insurance adocuments.
・The Waiver of Subrogation Clause against forwarder is automatically accompanied.
・There is no need to worry about trade terms.
・There is no missing ti arrange insurance coverages due to human error.
・It can cover damages to the cargoes even when the cargo under handling and storage.
<for Shipper's benefit>
・Since marine cargo insurance is insured on B / L itself, it saves you the trouble of waiting for an insurance documents.
・There is no missing Insurance coverages due to human error.
・It can cover damages to the cargoes even when the cargo under handling and storage.
・It can cover the risks regardless of trade terms between shipper and consignee.
<How to apply insurance>
① To contract between the forwarder and the insurance company in advance.
② To confirm shipper's (cargo owner's) willingness to insure or not to their cargoes.
③ To Collect insurance premium from shipper.
④ The insurance period will be* door - to - door basis in principle.
⑤ Insurance amount is 110% of invoice value.
⑥ he insurance condition will be ICC (A) 2009.
* Insurance commences according to the terms of trade in Incoterms, and ends at time other than normal transportation process.
<Insrance intermediary>
Interlink Inc.
11-7 Toranomon 1-Chome, Minato-Ku, Tokyo Japan
Addressed to person in charge of Insured B/L