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Insurance
If your business operates in the great outdoors, you have unique risks and require unique insurance solutions. Creative Logistic Sdn Bhd can provide you with options, advice, solutions and service.
Risks Covered |
Clauses |
A |
B |
C |
Fire and Explosion.
|
Yes |
Yes |
Yes |
Vessel/Craft being stranded, grounded, sunk or capsized.
|
Yes |
Yes |
Yes |
Overturning or derailment of land conveyance.
|
Yes |
Yes |
Yes |
Collision or contact of vessels, craft or conveyance with external object other than water.
|
Yes |
Yes |
Yes |
Discharge of cargo at ort of distress.
|
Yes |
Yes |
Yes |
Earthquake, volcanic eruption or lighting.
|
Yes |
Yes |
No |
General average sacrifice.
|
Yes |
Yes |
Yes |
Jettison.
|
Yes |
Yes |
Yes |
Washing overboard.
|
Yes |
Yes |
No |
Entry of sea, lake or river water into vessel, craft, hold, conveyance, lift van or place of storage.
|
Yes |
Yes |
No |
Total loss of any package lost overboard or dropped whilst loading on to or unloading from vessel/craft.
|
Yes |
Yes |
No |
General average and salvage charges.
|
Yes |
Yes |
Yes |
Theft pilferage and non-delivery.
|
Yes |
No |
No |
Hijacking, rough handling, contamination, stain, wet damages, malicious act, breakage, shortage, leakage, denting, bending, chipping, scratching, cracking, chaffing and marring.
|
Yes |
No |
No |
The Advantages of Importing on F.O.B (Free On Board)/C & F (Cost and Freight)
|
Double Tax Deduction Benefit |
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Comprehensive Coverage |
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Faster Claims Settlement |
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Easy Administration |
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Risk Improvement and Monitoring |
The Advantages of Exporting on C.I.F (Cost, Insurance and Freight)
|
Double Tax Deduction Benefit |
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Cost Saving insurance - bulk purchase of insurance |
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An Added Value Service for Your Customers |
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Availability of Claims Setting & Surveying representatives overseas |
Notice of Loss Clause
The holder of this insurance is requested not to sign any Average Bond or to pay any deposit on account of General Average without first communicating with the Company’s nearest Branch Manager or Agents. In the event of damage to, or loss of the interest insured under this insurance, no claim will be admitted by the Company unless prompt notice is given to the Survey Agents named in the Schedule hereto.
Stamp Duty Clause
Please note this document may require to be stamped within a given period in order to conform to the laws of the country destined. Holders are therefore advised to ascertain in the amount of stamp duty that is required.
Duty Clause
In the event of duty being insured under this insurance, it is warranted that no claim shall be attached in respect of such duty unless such duty is actually paid.
Avoidance of Delay
It is a condition of this insurance that the Insured and their Agents shall act with reasonable dispatch in all circumstances within their control.
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