Protect Your Shipments:
Your shipments are important to us. Help us protect you and cover your shipments while in transit with Cargo Transit Insurance.
Let GCS give you peace of mind and financial protection against the risk of physical loss or damage to your cargo. With cargo transit insurance, your shipments will be protected from the time it leaves your suppliers facility until it is received by you at your warehouse.
Top Reasons to Purchase Cargo Insurance:
- Protect your financial interest—Your cargo insurance will automatically cover 100% of the insured invoice value, plus an additional 10%. The policy protects cargo against "all risk" of physical loss or damage from any external cause no matter what the percentage of loss, and with no deductible ( if the particular policy is selected). Without cargo insurance, any claim for lost or damaged cargo is strictly limited by international conventions, and the shipment's contract as stated on the back of the Air Waybill and Sea Bills of Lading.
- Enjoy peace of mind— Coverage begins as soon as the goods leave the shipper/ supplier’s premises, continuing throughout transit to the final destination. Cargo insurance remains in force for 15 days after cargo discharge or delivery, whichever occurs first. Concealed damage must be reported within three days of delivery, excluding weekends and holidays.
- Take advantage of competitive cargo insurance rates—We work hard to secure the best air cargo insurance rates for our customers. Using our centralized purchasing department, we have negotiated competitive rates with leading insurance providers in UAE.
- Fast claims resolution— In the unfortunate event you do have a claim, our experienced staff will work hand in hand with the insurance provider to process your claim quickly and without hassle. Cargo insurance claims are usually settled in 60 days or less.