According to the International Maritime Regulations all shipments are automatically covered by a limited policy from the steamship line of up to $500 per shipping unit (each box, carton, skid, crate, etc) with a maximum of $1450 for the entire shipment. The coverage exists while your shipment is in possession of the steamship line. Steamship line's limited policy claims are to be directed to the steamship line. In case of damage or loss, recipient is to initiate the claim process at the destination Country Station.
You may want to purchase additional BTX insurance through iQ Global Logistics Corp. Contact us to get a quote.
