Comprehensive general liability insurance refers to the type of insurance coverage needed to protect a business from any possible liability risks during the course of doing business. This type of insurance does not cover buildings, equipment or property but instead potential damages such as bodily or property damage that may be caused by the business.
Scope of Cover
It covers to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.
This insurance provides liability coverage to freight forwarders against the loss or damage to cargo while in their care, custody and control during transportation. The main purpose of such type of insurance is to provide coverage against liability for loss or damage to cargo during transportation and loss or damage to containers, vehicles or transport equipment of third parties.
FFL policy is indispensable for
transport operators providing services of forwarding of goods by road
freight forwarders providing services of delivery of goods by any means of transport
Mail service operators
Road haulage operators
freight forwarders placing the goods under transit procedure
Scope of Cover
Loss or damage to cargo, containers, vessels or vehicles belonging to other party
Coverage to transport equipment belonging to other party
