Updated: Aug 16, 2021
Supply Chain Insurance does not pay for every loss - what is excluded?
7 typical unpaid losses
Losses paid for by other policies such as Cargo insurance;
Losses within the Time Delay Waiting Period;
Amounts below the excess;
Amounts above the agreed Sum Insured;
Events which are not defined or stated within the insurance policy;
General Exclusions which are not bought back such as Deviation due to Port Closure;
Events after the Policy has expired or where premium has not been paid to insurers.
We have 30+ years of guiding our clients to the best solution to understand and reduce the risk of a Policy not responding - you ask and we will answer.
Supply Chain Insurance is key to every business the value of any loss is a paid claim and continued projects and contracts.
If you need to know more check our Blog page at www.Holtarka.com or call for a free and confidential chat +447979801237