Back
Compulsory Liability
Nullam dignissim, ante scelerisque the is euismod fermentum odio sem semper the is erat, a feugiat leo urna eget eros. Duis Aenean a imperdiet risus.
Nullam dignissim, ante scelerisque the is euismod fermentum odio sem semper the is erat, a feugiat leo urna eget eros. Duis Aenean a imperdiet risus.
Transportation insurance is a type of insurance that provides coverage against problems that may occur in both international and domestic land, air, rail and sea transportation within the framework of general and special conditions. Expenses related to damage are covered by the insurance company within the limits specified in the policy. Thanks to transportation insurance, coverage is provided against accidents that occur as a result of unexpected events such as natural disasters, as well as Losses resulting from accidents.
Transportation insurance is divided into different categories according to the type of goods transported and the unit in which the transportation is made. We can list the types of transportation insurance as follows.
This type of insurance is a type of transportation insurance that provides coverage against accidents and losses that may occur during transportation by land, sea, air or sea. Commodity insurance is divided into 3 separate categories; these subcategories are total loss, narrow coverage and broad coverage.
Total loss coverage: Covers the vehicle and all products used during transportation.
Narrow coverage: Covers the expenses related to damage to the goods carried as a result of an accident in the transportation vehicle.
Broad coverage: Covers all losses and Losses that occur as a result of transportation, except for the exceptions specified in the policy. Broad coverage is subject to the Institute Cargo Clauses (A) for sea and railway, and the Institute Cargo Clauses for air.
Additional coverages of transportation insurance that can be included in the policy are strike, terrorism coverage and war coverage. You can include these coverages in the policy by paying an additional premium
Definitive policy: Policies that are prepared by providing the necessary information before loading and are voyage-based.
Flotan policy: It is a preliminary policy that includes the loading details requested by banks before loading in letter of credit transactions.
Transportation subscription agreement: It is a contract that provides coverage for all shipments made within the scope of the previously determined coverage limit, policy period and premiums and is arranged with separate sub-policies for each shipment.
Block subscription policy: Policies that provide coverage for all shipments by considering the coverage limit, conditions and policy period determined by the insured and the insurance company, and that state the annual transportation fee in a single transaction.
A type of insurance used in the transfer of money, jewelry and valuable papers. Any damage or loss that may occur to the valuables during the period between the receipt of the valuables from the company and their delivery to the destination is evaluated within the scope of valuables transportation insurance. In addition, situations such as robbery and robbery can be included in valuables transportation insurance.
A type of insurance that provides assurance against problems that may occur during the transfer of yachts and boats used for special purposes. Thanks to boat-yacht insurance, boats and yachts are protected against natural disasters and various accidents. However, as a result of modifications made before receiving approval from the insurance company, the boat is excluded from the insurance coverage. Therefore, the general conditions of the policy should be examined in detail.
The insurances listed below are also evaluated within the scope of transportation insurance.
