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How to get an insurance certificate for ocean Import and Export Shipment?

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Question added by Shaik Alavudeen Amanullah , Business Development Executive , Saadi Saad Al Harbi & Partners Company
Date Posted: 2017/05/21
ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

nsurance coverage for export shipments is traditionally provided either through your airline, logistics specialist, freight forwarder or from an insurance company specializing in ocean and air cargo. There are three types of coverage commonly provided for export shipments: perils, broad-named perils, and all-risks.

 

When preparing for Export Documentation and Export Shipping, the exporter needs to be aware of packing, labeling, documentation, and insurance requirements. Because the goods are being shipped by unknown carriers to distant customers, the new exporter must be sure to follow all shipping requirements to help ensure that the merchandise is safe.

  • packed correctly so that it arrives in good condition;
  • labeled correctly to ensure that the goods are handled properly and arrive on time and at the right place;
  • documented correctly to meet local and foreign government requirements as well as proper collection standards; and
  • insured against damage, loss, and pilferage and, in some cases, delay.

Because of the variety of considerations involved in the physical Export Documentation and Export Shipping process, most exporters, both new and experienced, rely on an international freight forwarder to perform these services.

Anna Hayes
by Anna Hayes , Director , Juniper Engineering Services Ltd

I would suggest contacting one of local Insurance Brokers to arrange this. Marsh or AON come to mind, but it would depend on the size of your operation. They will be able to advise you on the information you need to provide to the insurance companies to get cover for your shipment and the range of premiums individual companies may charge you. They are also likely to have special conditions negotiated with the insurance companies so it would be more cost efficient to work through them in the long run. If you do choose to use a broker, make sure you choose one that would handle claims for you as well.

Hope this helps,

Anna

 

Shaik Alavudeen Amanullah
by Shaik Alavudeen Amanullah , Business Development Executive , Saadi Saad Al Harbi & Partners Company

Applying in chamber of commerce by providing all original documents you can submit it and get insurance certificate from any insurance agent  

Ehtesham Ansari
by Ehtesham Ansari , Insurance Officer , Motor Insurance In

Suggest to contact with local broker for the long term business, they can negotiate with insurer on your behalf and submit the competitive rates and terms.  

Hope this help you.

 

Ehtesham Ansari  

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