Sail the right course with a good insurance solution

Cargo insurance for all possible goods being shipped at your risk, ranging from the simplest finished goods or equipment to the most complex commodities and complicated investment projects, including financial consequential loss coverage.

Protect yourself against the consequences of damage or loss, both in transit and in storage. Including risks of general average.

If the goods are not shipped at your risk, it is wise to take out a contingency policy. This will cover you against damage or loss during shipping, in which you still have a financial interest.

Specialist covers, for example for a cargo of food that has lost its quality during transit or for commodity traders.

With a cargo owners legal liability solution, you are insured for potential faultless liability in certain territories in case your goods cause environmental damage or damage to third parties or block transportation routes resulting in delays or additional costs.

Charterer’s liability covers your liability if you not only have your goods shipped by a specialised carrier, but hire (‘charter’) a vessel yourself to have the goods transported.

Hull insurance covers damage to or loss of your ship, appurtenances, spare parts on board, supplies, lubricating oil, fuel and all machinery.

An insurance solution for your liability as a shipowner, charterer or shipper under protection & indemnity (P&I) or charterers’ liability.

Freight, demurrage & defence (FD&D) insurance through our in-house claims team that settles your claims and contractual disputes on your behalf. It also covers legal costs.

A kidnap & ransom insurance policy pays the ransom demanded up to a predetermined limit. This will bring your ship and/or crew back to safety as quickly as possible. The insurance also covers the costs of assistance from specialised advisers and mediators.

Do you organise the shipping without your own means of transport, but you draw up your own shipping documents? In that case you have the same responsibilities as the effective carrier. Opt for a freight forwarders’ liability or NVOCC policy to protect your liability.

As a freight forwarder, customs agent or logistics company, you can take out liability insurance for all your business activities. With the Arex 21 policy, you choose the type of cover, insured capital and excess amounts. You can find out more on the advice page of FORWARD Belgium.