Once you have 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 & Company, Inc. offers a
range of services that guarantee your receipt of funds.
If you read the back of any bill of
lading, you will be shocked to find out that the carrier’s exposure
for damage to or loss of your freight is inconsequential. Coverage
is commonly limited to $500 per 'customary shipping unit’, which, in
many cases, is considered your full ocean container. Air shipments
are generally 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 period of time that the
goods are in the carrier’s control, as opposed to door-to-door.
Finally, the small amounts that carrier’s offer are payable only
when it can be proved that the loss resulted from their 'direct
negligence'. In short, you cannot afford to count on carrier
insurance.
If your terms of sale make you
responsible for any portion of the delivery chain, you've got a
problem. Our solution is comprehensive cargo insurance. One hundred
and ten percent of the value of your shipment is the recommended
coverage to protect not only your freight, but also ancillary
charges that arise in moving it. If you tell us what it is, what
it's worth, and the origin and destination of the shipment, we can
provide a prompt, competitive quotation.
Here are some of the benefits of
obtaining insurance through Shapiro:
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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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Insurance is 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 is available, including incidental storage
during consolidation / deconsolidation.
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Shapiro handles the claim process, so you don't have to.
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You deal with a known entity - Shapiro.
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There is prompt claim resolution. There is no need for you to argue
with carriers.
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Our corporate volume drives extremely competitive rates for you.
Please contact our Transportation
Team for more information on our insurances services at
Marketing@shapiro.com.
