Understanding Transportation on “Carrier’s Risk” and Choosing the Best Marine Transit Insurance In today’s dynamic business environment, many industries expect carriers to provide additional services such as warehousing, express delivery, and point-to-point solutions. Intriguingly, several large corporates like Tata Steel, Indian Oil Corporation, Berger Paints, and Dabur India have stopped insuring their cargo for transit […]
Category Archives: Liabilities Insurance
All Posts, Carrier Liabilities, Financial Protection, Liabilities Insurance, Marine Insurance, Policy Coverage, Risk Management, Vehicle Insurance
Difference Between Marine Transit and Carrier’s Legal Liability Insurance.
29
Aug
Aug
Difference Between Marine Transit Insurance and Carrier’s Legal Liability Insurance in India In the shipping and transportation industries, two key insurance types provide essential protection: Marine Insurance and Carrier’s Legal Liability Insurance. Although related, these policies safeguard different parties and risks. Understanding their distinctions is vital for effective risk management in India’s maritime and transport […]
All Posts, Business Insurance, Carrier Liabilities, Financial Protection, Liabilities Insurance, Policy Coverage, Risk Management
Carrier’s Legal Liability Insurance – How Good – An eye-opening study
29
Aug
Aug
Carrier’s Legal Liability Insurance: A Crucial Yet Overlooked Protection for Transporters The Carrier’s Legal Liability (CLL) policy has historically been overshadowed by popular insurance types like truck insurance, health insurance, or transit insurance. Having worked in the insurance sector for over 20 years, primarily focusing on recovery from transporters under subrogation rights, I have seen […]
All Posts, Business Insurance, Carrier Liabilities, Financial Protection, Liabilities Insurance, Marine Insurance, Policy Coverage, Risk Management, Vehicle Insurance
Know about Carrier’s Legal Liability Insurance
29
Aug
Aug
Protect Your Logistics Business with Carrier’s Legal Liability Insurance In the competitive transport industry, worry about legal liabilities from cargo damage or loss can weigh heavily on carriers and logistics companies. If negligence by your drivers or employees leads to issues during transit, the legal and financial fallout can severely affect your profits and business […]
All Posts, Business Insurance, Liabilities Insurance, Policy Coverage, Risk Management
Merchant’s or Shopkeeper’s Insurance
29
Aug
Aug
Protect Your Business with Merchant’s / Shopkeeper’s Insurance: Comprehensive Coverage at Affordable Premiums Do you know that insurance companies can cover your losses if: An employee runs away with your money? Cash is looted from your cashier while being transported to or from the bank? Someone commits fraud using a fake cheque against your business? […]
All Posts, Carrier Liabilities, Liabilities Insurance, Risk Management, Vehicle Insurance
Directors and Officers Liability Insurance | A Comprehensive Guide
27
Aug
Aug
Navigating the Terrain: A Deep Dive into Commercial Vehicles Motor Insurance in India India’s vast and dynamic landscape is powered by commercial vehicles, moving goods and people across cities and states. Commercial Vehicles Motor Insurance is central to this sector’s resilience, protecting businesses from the many risks that traverse India’s bustling roads. This comprehensive guide […]
All Posts, Carrier Liabilities, Liabilities Insurance, Risk Management
Group Personal Accident Insurance for Drivers In India
25
Aug
Aug
Group Personal Accident Insurance for Drivers | Securing the Road Ahead In the fast-paced world of logistics, drivers are the backbone of the supply chain, facing daily risks on the road. Ensuring their safety and well-being is paramount. Group Personal Accident (GPA) Insurance customized for drivers in logistics companies is a critical tool that offers financial protection […]
All Posts, Carrier Liabilities, General Insurance, Health Insurance, Liabilities Insurance
Group Health Insurance for Logistics Companies in India
25
Aug
Aug
Group Health Insurance for Logistics Companies in India: A Comprehensive Guide In India’s dynamic employee benefits landscape, Group Health Insurance for Logistics Companies has become vital in fostering a culture of well-being within organizations. This guide explores the significance, components, advantages, and key considerations of group health insurance tailored to the logistics sector. Understanding Group Health Insurance […]
All Posts, Carrier Liabilities, Liabilities Insurance, Marine Insurance
Carriers Liability For Cargos
21
Aug
Aug
What Is the Liability of the Carrier for Cargos in Their Care? When cargos are under the care and custody of a carrier, responsibility for any loss or damage becomes critical. The process for handling such cases typically unfolds as follows: Damage Occurrence: Cargo may be either insured or uninsured. Uninsured Cargo:The carrier settles by paying […]