Once you've carefully crafted your international
transaction, you don't need anything to jeopardize the deal. Whether
your investment is in raw materials, manufacturing costs, or
finished goods, you need the surety that your proceeds of sale will
be forthcoming. Samuel Shapiro offers a range of products that
guarantee your receipt of funds.
Read the back of any bill of lading (you'll need a microscope.)
When you get to the section on carrier's liability, you will be
shocked to find out that their exposure for damage to or loss of
your freight is also microscopic. Coverage's are commonly limited to
$500 per 'customary shipping unit'. In many cases, your full ocean
container is the customary shipping unit. Air shipments generally
are covered at $ 9.07 per pound. Obviously, there are many
shipments, which far exceed these value limitations.
Furthermore, carrier coverage is limited only to the time when the
goods are in their control, as opposed to door-to-door. Finally, the
small amounts they offer are payable only when it can be shown that
the loss resulted from their 'direct negligence'. In short, carrier
insurance protection.....isn't.
If your terms of sale make you responsible for any portion of the
delivery chain, you've got a problem. The solution is comprehensive
cargo insurance. 100% of value is the recommended coverage to
protect not only your freight, but also ancillary charges that arise
in moving it. If you'll tell us what it is, what it's worth, and the
origin and destination of the shipment, we can provide a prompt,
competitive quotation. Once again, you don't have to make a bunch of
different calls to get the attention your shipments require.
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For most commodities, we can offer "All Risk" insurance, the
broadest form of coverage for most commodities.
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Physical loss or damage as a result of transit is covered.
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Underwritten by the Chubb Group, A.M. rated A +.
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We specialize in cargo insurance vs. dealing with a general business
insurer with limited knowledge, buying and interest.
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Door-to-door coverage available, including incidental storage during
consolidation / deconsolidation.
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Shapiro handles claim process, so you don't have to.
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You deal with a known entity - Shapiro.
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Prompt claim resolution. You don't argue with carriers.
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Our corporate volume drive extremely competitive rates for you.
Due to our high volume of insurance and our concentrated buying
power we are able to secure, for you, a most competitive rate.
Additionally, by arranging all aspects of your import / export
transaction we know exactly what level of insurance protection you
need.
And finally, there is another advantage to having Shapiro handle
your cargo insurance. Unfortunately, from time to time, there will
be claims. Samuel Shapiro is experienced in the handling of these
situations. With both your shipment arrangements and cargo
insurance being handled through Shapiro, we have nearly everything
we need to start processing your claim.
