ShippingOffice Rome

With Global Insurance customers may rest assured that they are protected against any problems that may arise along the shipping route.

In fact — and exclusively for our customers — Global Insurance covering shipping risk of up to €1,000.00 per parcel is included right in the shipping price.

General Terms and Conditions of Insurance

 

1.
PURPOSE OF INSURANCE
This Policy will be applicable to all uninsured goods for which the Contractor has received a direct shipping order from and the office of arranging insurance coverage for the consigner.

2.
EXCLUDED GOODS AND MERCHANDISE
The following goods and merchandise are excluded from insurance coverage unless an explicit agreement between the parties is effected before the shipment commences:
- Securities, bonds, coins, stamps
- Objects with artistic, antique, collectible, or sentimental value
- Plants and live animals, perishable goods, or goods that require controlled temperatures
- Automobiles and motorcycles
- Explosives
- Tobacco
- Leather and fur
- Household effects

3.
TERRITORIAL VALIDITY OF INSURANCE
The Policy is valid for shipments and transport worldwide. The guarantee commences from the moment goods are consigned to the individual Contractor, including any travel undertaken to retrieve goods from the customer, and continues throughout the ordinary course of transport until final delivery of goods in accordance with the terms of Article 3 of the Goods Clause.
Unless explicit agreement has been made between the parties before shipment commences, including rates and conditions, the guarantee does not apply to shipments going to, originating from, or in transit in:
- Montenegro, Serbia, Macedonia, Albania;
- Belarus, Ukraine, Moldova, Russian Federation (CIS), Georgia, Armenia, Arzebaijan, Kazakhstan, Uzbekistan, Turkmenistan, Kyrgystan, Taijkistan;
- Libya, Iraq, Iran, Cuba, Sudan, Afghanistan, Eritrea, Somalia, Myanmar and North Korea;
- Countries whose laws require coverage by local insurance companies;
- Belligerent countries or those with a high risk of strike. To find out which countries fall into these categories, the Contractor should consult the website
www.exclusive-analysis.com/lists/cargo. Countries with a risk level classified as severe should be considered excluded from the automatic guarantee.
- Countries subject to embargoes or sanctions by the UN or the U.S.

4.
CONDITIONS OF INSURANCE
This coverage is afforded under the General Conditions of the Annexed Policy of Insured Transported Goods (ed.1999) supplemented, for the purpose of defining the limitations of liability and duration of coverage, by the following clauses:
- Goods Clause I (Full Risk)
- Strike Risk Clause (relative to goods)
- War Risk and Menace Clause (relative to goods)
- Classification Clause and annexed table of overage fees related to the age of the ship

5.
METHODS OF TRANSPORT AND MAXIMUM VALUES
The guarantee is in effect for shipments and transport under this Insurance and carried out with the transport methods outlined below for the maximum values specified, which the Company guarantees for each claim or series of claims arising from a single event.
Maximum Limit per Type of Good
€ 1.000 per parcel for new goods
€ 50 per parcel for used goods
€ 30 per parcel for documents

6.
EXEMPTIONS AND DEDUCTIBLES
Any loss or damage under the present policy will be reimbursed after deduction is made of any exemption or fixed deductible, as anticipated and outlined below, for any and every event, applicable to or calculated on the refundable amount:
- 10% deductible, with a minimum of 250.00 Euros, for losses resulting from burglary or total theft occurring during the collection of goods;
- 10% deductible, with a minimum of 250.00 Euros, for losses resulting from burglary, total or partial theft, tampering, missing returned parcels, mishandling, shortages, or total or partial loss in general in relation to the transport of precious or valuable goods and jewelry;
- Exemption of 30.00 Euros per parcel for all other damages and losses. This exemption is not applicable to claims relating to the transport of documents or used goods.

7.
REIMBURSABLE VALUE
As an exception to the provisions of Article 6 of the General Terms and Conditions, any reimbursed value will be determined on the following basis:
For New Goods:
- Value of sales invoice; or
- Sales receipt for goods bought and shipped via MBE; or
- Declaration of value supported by an official bill of sale.
The term “new goods” applies to all goods shipped in their original packaging and purchased within the three months prior to shipment.
For Used Goods:
- The insured sum of 50.00 Euros constitutes the insured limit, with no obligation to provide
further documentation.
For Documents:
- The insured sum of 30.00 Euros constitutes the insured limit, with no obligation to provide
further documentation.

8.
JOINT DAMAGES
Compensation for joint damages will be paid by the Company in proportion to and within the limits of the insured sum upon presentation of a signed shipping deposit receipt. The Company is obligated to hold harmless the Insured from contribution for joint damages owed by same according to special regulations made in accordance with the law, the shipping contract, or the bylaws of the port of destination, provided that the documentation of the joint damage has been instituted for the purpose of avoiding damage indemnification with this policy.

When the insured sum, less the specific amount of damages to be borne by the Company, is less than the contribution value, the reimbursement will be reduced proportionately. For the payment of a balance or a total contribution expressed as a currency other than that of the policy, the exchange rate of the day and final destination of the shipment will be applied.

9.
DAMAGE TO PACKAGING
In the case of damage to labels, tubes, boxes, cartons, containers, or other materials used in the packaging of insured goods, which is refundable according to the terms of the policy, and without damage to the product, the Company will undertake repayment only of the cost of new packaging up to the maximum limit of the insured value.

10.
CLOSED INVESTIGATION
If, as a result of an incident, a judicial inquiry is initiated by the competent authorities of the facts that led to the incident, the Company shall not make use of the option to postpone the payment of damages until presentation of the closed investigation documents.
The above may not be invoked in the case that the incident is determined to be the result of malice on the part of the Contractor and/or the Insured, and/or purposeful mishandling and/or other malicious acts by their employees.
The Insured, however, undertakes to provide the aforementioned documentation of the closed investigation as soon as made available by the Authority and, in the event that malicious conduct on the part of the Insured is found to be responsible for the incident, to return to the Company any payment that may have been made.

11.
GOOD FAITH
The omission of a declaration by the Contractor of any aggravating circumstance that may augment the shipping risk, as well as any error, omission, and/or delayed communication, that is not intentional or is involuntarily committed by the Contractor or by persons for whom the Contractor is legally responsible or by administrators and/or executives, will have no affect on the insurance.

12.
SUBJECTION TO ITALIAN LAW
In any event, this contract will be considered governed by Italian law and subject to Italian jurisdiction.

For provisions not specified in the policy, the Contracting Parties must refer to and abide by the provisions of the Civil Code and Laws of the Italian Republic.