When booking a shipment, your goods are not automatically insured. This is why Embassy Freight Services Europe N.V. strongly advises to take an insurance policy for the transportation of your goods.
Continuous transport insurance
Fortunately, Embassy Freight Services Europe N.V. offers a continuous transport insurance. For a small additional fee per shipment, you can make use of this insurance. This gives you the coverage you need for both national and international shipments. If you wish to make use of our insurance, it is very important to inform us in writing in advance.
Liability insurance is not the same thing
The transporter always has a liability insurance. However, this is not the same thing as transport insurance. The liability insurance will only pay out if the transporter is indeed the one responsible for the damage. Payment is based on weight and/or volume, which means that the payment you receive, might be considerably lower than the actual value of the damaged goods.
The Incoterms are not sufficient
The Incoterms are insufficient to fully cover the risk of damaged or lost property. Incoterms determine when liability is assigned to the various parties involved. It is advisable to customize your transport insurance based on the applicable Incoterms. We are happy to tell you more about our insurance, so please do not hesitate to contact us by phone or email.
Embassy Freight Services Europe N.V. strongly advises to insure your valued goods during the transport. In this way, damages to your goods as well as containers and supplies are covered against damages inflicted during the shipments. It is advisable to attune your insurance to the employed Incoterm.
Permanent transport insurance
Embassy Freight Services Europe N.V. offers their business relations the possibility to put individual shipments under the companies permanent transport insurance. In this way, every transport or shipment can be registered against very beneficial rates. At that moment you are All-risk-insured by a well-established insurance company. If you want to make use of our transport insurance, you need to notify us by writing, before departure of the goods.
Arex 21 Policy
Embassy Freight Services Europe N.V. has taken out liability insurance, for all her activities, via the non-profit association Pool Arex This is a specialized and universal liability insurance for forwarding agents. The Arex 21 policy is primarily characterized by a high grade of flexibility and customized fit in the field of coverage, capitals and releases.
Thanks to the Arex-21 policy, it is possible for Embassy Freight Services Europe N.V. to cover risks which are difficult to insure. This combined with the professional advice from our specialised insurance partner (also market leader in this branch!) this policy is the best guarantee for a logistical company like Embassy Freight Services Europe N.V.