Cargo Insurance

Without cargo insurance, any claim for loss or damage is strictly limited by international treaties, US Federal Laws and the shipment contract as stated on the back of the air waybill.

Amerijet offers an easy and affordable option to have peace of mind: air cargo insurance underwritten by Seven Seas Insurance Company, Inc.

Benefits of the coverage available under our service

• In the unfortunate event of a loss, your cargo is protected against all risk of physical loss or damage from any external cause.
• Fast claim resolution. A claim submitted with complete documentation to support the loss is promptly settled by the insurance company upon receipt of proper documentation.
• There is no deductible.
• Take advantage of competitive rates. We work hard to secure the best air cargo insurance rates for our customers.

Insurance Coverage:

Cargo is protected against “All Risk” of physical loss or damage from any external cause. 

Coverage commences from the time goods leave the shipper and/or supplier’s place of business and continues in force during the ordinary and customary course of transit to the destination as detailed on your airway bill.

Coverage remains in force up to fifteen (15) days after aircraft discharge or until delivery is accomplished, whichever occurs first.

Concealed damage must be reported within three (3) business days of delivery.

Exceptions:

• Coverage for shipments from or to Haiti is airport to airport only. 
• Coverage for perishable cargo is airport to airport only and it ceases 24 hours after aircraft discharge or upon delivery, whichever occurs first.
• Coverage for cell phones and telecommunication equipment is airport to airport only and it ceases 24 hours after aircraft discharge or upon delivery, whichever occurs first.

The Insured Value

The insured value is the value of the goods + 20%.

It is expected that the value declared is the commercial value of the goods.

The value declared must be supported by a commercial invoice. Underinsuring will fall under a co-insurance situation and will impact claim recovery.

Conditions and guidelines must be met to insure Household Goods and Personal Effects, cell phones, telecommunication equipment, perishables and high value shipments. Contact your shipping agent to insure these commodities.

For a list of guidelines, conditions and commodity exclusions click the button below.

About the underwriter

Seven Seas Insurance Company has been offering cargo insurance since 1967. You can feel comfortable in knowing that Seven Seas Insurance has received an A (Excellent) rating from AM Best, the leading provider of ratings on the worldwide insurance industry.

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Have Questions? Call

1-800-927-6059 or +1-305-593-5500