Coverage Local Transportation Insurance Program Local Transportation and Warehousing International Transportation and Warehousing
Cargo Liability S$100,000 S$100,000 US$500,000 (International)+ US$250,000 (Local)
Third Party Liability S$50,000 S$50,000 US$250,000
Errors and Omissions S$25,000 S$25,000 US$100,000
Special Cargo S$10,000 S$10,000 US$20,000
Customs Liability S$10,000 S$10,000 US$50,000
Supplementary Payment S$10,000 S$10,000 US$25,000
Deductible S$2,000 Each and Every Claim S$2,000 Each and Every Claim US$2,000 Each and Every Claim
Geographical Limits Singapore Singapore Worldwide
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Coverage Local Transportation Insurance Program Local Transportation and Warehousing International Transportation and Warehousing
Cargo Liability S$100,000 S$100,000 US$500,000 (International)+ US$250,000 (Local)
Third Party Liability S$50,000 S$50,000 US$250,000
Errors and Omissions S$25,000 S$25,000 US$100,000
Special Cargo S$10,000 S$10,000 US$20,000
Customs Liability S$10,000 S$10,000 US$50,000
Supplementary Payment S$10,000 S$10,000 US$25,000
Deductible S$2,000 Each and Every Claim S$2,000 Each and Every Claim US$2,000 Each and Every Claim
Geographical Limits Singapore Singapore Worldwide
Get your free quote Get your free quote Get your free quote
Coverage Local Transportation Insurance Program Local Transportation and Warehousing International Transportation and Warehousing
Cargo Liability S$100,000 S$100,000 US$500,000 (International)+ US$250,000 (Local)
Third Party Liability S$50,000 S$50,000 US$250,000
Errors and Omissions S$25,000 S$25,000 US$100,000
Special Cargo S$10,000 S$10,000 US$20,000
Customs Liability S$10,000 S$10,000 US$50,000
Supplementary Payment S$10,000 S$10,000 US$25,000
Deductible S$2,000 Each and Every Claim S$2,000 Each and Every Claim US$2,000 Each and Every Claim
Geographical Limits Singapore Singapore Worldwide
Get your free quote Get your free quote Get your free quote

Cargo Liability

House Bill of Lading and House Air Waybill Liability — provides coverage for physical loss or damage to cargo arising out of the issuance of your Air Waybill or Ocean Bill of Lading &/or FIATA Bill of Lading.

  • Local Transportation and Warehousing Liability – provides coverage for physical loss or damage to the property of others (cargo) arising from your negligence whilst:
    In transit in a vehicle owned or leased by you
  • At your warehouse owned or leased by you, scheduled in the policy
  • Handled by parties assigned by you but not in your care custody and control

Coverage is also provided when there is damage to cargo as a result of insufficient or inadequate packing, crating, bracing, wrapping, marking or cushioning; or improper selection, design or construction of crates, boxes or other containers when done by you or your sub-contractors.

Third Party Liability

Provides coverage for damages and costs to third parties as a result of your negligence causing:
  • Accidental bodily injury
  • Accidental property loss or damage
  • Consequential loss arising from accidental bodily injury or
  • Property loss/damage

Customs Liability

Provides coverage for fines or penalties assessed against your company by any regulatory agency for alleged or proven violations of import or export regulations only.

Errors and omissions

Provides coverage for financial loss to your customers arising from your negligence as a Transportation Specialist.

Special cargo

Provides coverage for fines or penalties assessed against your company by any regulatory agency for alleged or proven violations of import or export regulations only.

Transport and warehousing Insurance in Singapore

Have Questions? Then get in touch today. Contact Us

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This policy provides coverage for investigation and defence costs with respect to any claim we investigate or settle, or any suit against an insured we defend, to which this insurance applies. The above programs are specially structured to provide you with comprehensive coverage at a premium available only to members of the Singapore Logistics Association. We can also provide customised packages if you have any other requirements. For promotional purposes, Chubb refers to member insurers of Chubb Insurance Singapore Limited. Coverage is underwritten by Chubb Insurance Singapore Limited. The information in this brochure is descriptive only. The precise coverage afforded is subject to the terms and conditions of the insurance policy when issued. Chubb recommends considering our policy wording in deciding whether to acquire or to continue to hold Chubb insurance products. A copy of the standard policy wording may be obtained from Chubb Insurance Singapore Limited through the contact referred to above.

 
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